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$1,775,000
11
beds
8
baths

2537 N Wayne Avenue
Chicago, Illinois 60614

Active / MLS #11621981 / Multiple Unit (2-4) / Lincoln Park
Listing information updated 9/15/2022 at 10:03am
AAA+++ LINCOLN PARK LOCATION RENOVATED 4 UNIT INVESTMENT PROPERTY. $101K NOI, 5.7 CAP & 12.12 GRM. ALL UNITS RECENTLY UPDATES INCLUDING LARGE UPDATED KITCHENS AND BATHS. EACH UNIT HAS CENTRAL HEAT/AC, WATER HEATER, GAS LOG FIREPLACES AND LAUNDRY IN-UNIT. EACH INCLUDES A TWO-LEVEL LAYOUT: 1F OFFERS A 2020 UPDATED 3 BED 2 BATH, 1R OFFERS A 2020 UPDATED 2 BED 2 BATH APARTMENT; 2F IS A TOP FLOOR TWO-LEVEL 3 BED 2 BATH APARTMENT AND 2R OFFERS AN UPDATED TWO-LEVEL 3 BED 2 BATH APARTMENT. TWO PARKING SPACES ARE CURRENTLY INCLUDED AND ARE RENTED BY 2F AND 2R. THERE IS A SMALLER SPACE THAT COULD BE USED FOR A 3RD PARKING SPOT FOR A SMALLER CAR. LARGE REAR YARD. HIGH DEMAND AREA WITH RENTAL GROWTH POTENTIAL. HIGH DEMAND LOW VACANCY LOCATION NEAR WORLD CLASS RESTAURANTS, BARS, SHOPPING AND DEPAUL UNIVERSITY ALL VERY CLOSE. ASSET WAS FORMERLY 4 SEPARATE CONDOMINIUMS WITH INDEPENDENT UTILITIES FOR EACH DUPLEX UNIT. POSSIBLE OPTION TO CONVERT BACK AND SELL OFF SINGLE UNITS. PROPERTY WAS COMBINED INTO SINGLE PIN IN 2020. REQUIRED 48 HOURS NOTICE.
Exterior Type:
Frame
Basement:
Finished
Beds Above Grade:
11
Heating System:
Natural Gas
Pool:
No
Age:
Unknown
Parking Type:
Space/s
Parking Spaces:
2
Room Count:
19
Water Front:
No
Square Feet:
N/A
Lot Size:
Standard Chicago Lot
Tax Amount:
$29,060
Tax Year:
2020
Zip Code:
60614
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: @PROPERTIES

Listing Office Phone: 773.472.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/15/2022 at 10:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Lincoln Park

Lincoln Park, IL

Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North Side neighborhood is one of the most sought after in the U.S.The neighborhood includes quiet tree-lined residential blocks, top-rated schools, DePaul University, and two majo...
$764,807
Average Sale Price
80
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2537 N Wayne Avenue, Chicago, IL 60614
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2537 N Wayne Avenue, Chicago, IL 60614 is a multiple unit (2-4) currently listed at $1,775,000. 2537 N Wayne Avenue features 11 Beds, 8 Baths. This multiple unit (2-4) has been listed on @properties | Christies International Real Estate since September 6th, 2022.

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