Nestled in the vibrant neighborhood of Wicker Park, this 2-flat property represents an exceptional investment opportunity for investors and home owners. The building is currently vacant giving the new owner flexibility in putting in there own tenants or doing any cosmetic work they might seem fit to increase rents. While the units are move-in ready, there exists an exceptional opportunity for small-scale upgrades or modernization, allowing investors to command higher rental rates. Whether you're an investor seeking a lucrative rental income or a homeowner looking for a convenient urban dwelling, this property offers endless possibilities. All Units have HVAC.
Closed
$625,000
1540 N Paulina St, Chicago, IL 60622
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$840,600 Zestimate®
$--/sqft
$3,819 Estimated rent
Home value
$840,600
$757,000 - $941,000
$3,819/mo
Zestimate® history
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$4,465/mo
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Zillow last checked:
Listing updated:
Listed by:
Jacob Elgazar 312-825-4970,
First Western Properties
Bought with:
Andrew Dorazio
Fitzgerald Real Estate Inc.
Source: MRED as distributed by MLS GRID,MLS#: 11915478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: On Site, Owned
Lot
- Size: 2,500 Square Feet
- Dimensions: 25X100
Details
- Parcel number: 17062030330000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Major remodel year: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $630,000
- Annual tax amount: $16,087
- Date on market: 2/7/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Sold | $625,000-2.2% |
Source:  MRED as distributed by MLS GRID #11915478 Report a problem | ||
| 3/18/2024 | Contingent | $639,000 |
Source: MRED as distributed by MLS GRID #11915478 Report a problem | ||
| 2/7/2024 | Listed for sale | $639,000 |
Source: MRED as distributed by MLS GRID #11915478 Report a problem | ||
| 1/30/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11915478 Report a problem | ||
| 1/11/2024 | Price change | $639,000-4.6% |
Source: MRED as distributed by MLS GRID #11915478 Report a problem | ||
| 10/24/2023 | Listed for sale | $669,999+727.2% |
Source: MRED as distributed by MLS GRID #11915478 Report a problem | ||
| 4/28/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 9/7/2020 | Price change | $2,200-12% |
Source: Owner Report a problem | ||
| 7/26/2020 | Price change | $2,500-2% |
Source: Owner Report a problem | ||
| 7/10/2020 | Listed for rent | $2,550 |
Source: Owner Report a problem | ||
| 8/14/2019 | Listing removed | $2,550 |
Source: Owner Report a problem | ||
| 7/21/2019 | Listed for rent | $2,550 |
Source: Owner Report a problem | ||
| 7/26/2018 | Listing removed | $2,550 |
Source: Owner Report a problem | ||
| 7/7/2018 | Price change | $2,550-1.9% |
Source: Owner Report a problem | ||
| 6/28/2018 | Listed for rent | $2,600 |
Source: Owner Report a problem | ||
| 9/14/1994 | Sold | $81,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $63,000 -21.3% |
| 2023 | $16,930 +2.9% | $80,000 |
| 2022 | $16,455 +2.3% | $80,000 |
| 2021 | $16,087 +34.3% | $80,000 +48.8% |
| 2020 | $11,977 -0.2% | $53,764 -10% |
| 2019 | $12,002 +1.7% | $59,738 |
| 2018 | $11,800 +3% | $59,738 +12.3% |
| 2017 | $11,451 +7.5% | $53,194 |
| 2016 | $10,654 +9.3% | $53,194 |
| 2015 | $9,748 +20.6% | $53,194 +22.1% |
| 2014 | $8,084 +2% | $43,569 |
| 2013 | $7,924 +1.4% | $43,569 |
| 2012 | $7,818 -3.7% | $43,569 -13.1% |
| 2011 | $8,120 -0.4% | $50,110 |
| 2010 | $8,154 +0.4% | $50,110 -3.8% |
| 2009 | $8,121 +4.1% | $52,079 -4.2% |
| 2008 | $7,800 +1% | $54,373 |
| 2007 | $7,722 -1.1% | $54,373 |
| 2006 | $7,806 +37.1% | $54,373 +56.1% |
| 2005 | $5,693 +1% | $34,841 |
| 2004 | $5,636 +2.2% | $34,841 |
| 2003 | $5,513 +27% | $34,841 +44.2% |
| 2002 | $4,340 +3.8% | $24,157 |
| 2001 | $4,183 +41.2% | $24,157 |
| 2000 | $2,963 -0.7% | $24,157 +56.6% |
| 1999 | $2,983 | $15,422 |
Find assessor info on the county website
Neighborhood: Wicker Park
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Nearby schools
GreatSchools rating
- 8/10Burr Elementary SchoolGrades: K-8Distance: 0.2 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$840,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$840,600
- Illinois
- Cook County
- Chicago
- 60622
- Wicker Park
- 1540 N Paulina St
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