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Off market
  • $1,346,000

    2258 W Grand Ave #3, Chicago, IL 60612

    4beds
    5,112sqft
    MultiFamily
    Built in 2010
    -- sqft lot
    $1,346,000 Zestimate®
    $263/sqft
    $4,097 Estimated rent

    Home value

    $1,346,000

    $1.21M - $1.51M

    $4,097/mo

    Zestimate® history
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    Owner options

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    $4,097/mo

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    $4,097/mo

    Rent Zestimate®

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    $7,923/mo

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    $7,923/mo

    Est. payment

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    What's special

    Up to 7K in Buyer Bonus for closing by end of 2020! This one-of-a-kind 3 unit mixed use West Town corner building has been lovingly maintained. Developed just 10 years ago by the current owner occupant, it is a beautiful and unique addition to Ukrainian Village. The property was built with multiple income-generating possibilities while creating home in one of the two massive 2 bed, 2.5 bath luxury residential units. No standard design here! The unique features like duplex up, french doors, juliette balconies, arched exposures and private roof decks reflect architectural vision and have attracted a history of strong tenants. The Commercial unit, envisioned as a space for community wellbeing was originally a yoga studio and is now leased as a physical therapy office through 2022 for $2,350/ month. The intimacy of the 2 unit residential portion gives each unit a single family home feel, with no shared walls and two common entrances and their own address of 507 North Oakley. Preserving luxury, important GREEN finishes include, energy efficient appliances, recycled glass counters, bamboo floors and passive solar with amazing natural light and West view sunsets. Each unit honors privacy, useful for today's virtual and work at home needs. There's an open floorplan with kitchen, dining, large living room and half bath downstairs. Upstairs, are two bedrooms with Washer/Dryer, and full bath, primary suite, plus private rooftop deck access! The owner's unit has extra touches like a large private patio on the main level, and separate walk-in shower + soaking tub. The commercial space has its own address, own entrance, a kitchenette, and powder room taking the whole first level of the building. Underground basement storage spaces are designated for each residential unit. Separate PINs and filed condo declarations give the new owner possibilities to resell 1 or all units separately. Great location at Grand and Oakley with all of West Town at your fingertips. Rental income: Unit 1 (storefront) $2,350/ mo through 10/22. Unit 2 $2500 through 5/31/21. Unit 3 is owner occupied and listed for lease at $2800/mo. There's lots of options and opportunities here including, an owner occupant business, house hackers, extended families looking for privacy and proximity to one another, or investors.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    • Full bathrooms: 4
    • 1/2 bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 5,112 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stone, Brick
    Details
    • Parcel number: 17071220481003

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 2010

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $263/sqft
    • Tax assessed value: $500,500
    • Annual tax amount: $10,085

    Price history

    DateEventPrice
    6/24/2021Sold$999,000-12.9%$195/sqft
    Source: @Properties sold #11066846_60612 Report a problem
    10/27/2020Price change$1,147,000-4.4%$224/sqft
    Source: Compass #10850118 Report a problem
    9/8/2020Price change$1,200,000-4%$235/sqft
    Source: Compass #10850118 Report a problem
    7/22/2020Listed for sale$1,250,000$245/sqft
    Source: Compass #10790195 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,085 +17.9%$50,050 +23.9%
    2023$8,552 +2.9%$40,410
    2022$8,312 +11.5%$40,410
    2021$7,456 +3.2%$40,410 +13.7%
    2020$7,223 +0.7%$35,528 -9.2%
    2019$7,172 +1.7%$39,126
    2018$7,050 +10.5%$39,126 +18.5%
    2017$6,380 +4.4%$33,014
    2016$6,112 -19.4%$33,014 -25%
    2015$7,582 +0.5%$44,000 +1.8%
    2014$7,544 +2.2%$43,227
    2013$7,384 +1%$43,227
    2012$7,309 +2.5%$43,227 -1.8%
    2011$7,130 $43,999
    Find assessor info on the county website

    Neighborhood: West Town

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mitchell Elementary School
    • Middle: Mitchell Elementary School
    • High: Wells Community Academy Senior H

    Source: The MLS. 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
    $1,346,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,346,000