$1,975,000

Sharon O'Hara

Office: 773.472.0200

Mobile: 773.895.3360

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1722 N Mohawk Street

Chicago, Illinois 60614

Closed / MLS #11088159 / Multiple Family / Lincoln Park

Listing information updated 7/29/2021 at 5:23am

GORGEOUS GREYSTONE 6 UNIT IN OLD TOWN / EAST LINCOLN PARK ON ONE OF THE PRETTIEST RESIDENTIAL STREETS. $13,935 / MONTHLY RENT - $167,220 IN ANNUAL GROSS RENTS. NOI OF $115,934, CAP RATE OF 5.8% AND GRM OF 11.9! THERE ARE NOT TOO MANY BUILDINGS LIKE THIS IN LINCOLN PARK. GORGEOUS VINTAGE DETAILS THROUGHOUT INCLUDING LEADED GLASS WINDOWS, ORIGINAL FIREPLACES, BUILT-IN HUTCHES, BEAMED CEILINGS AND OVERSIZED MOLDINGS. VINTAGE DETAILS ARE MIXED WITH MODERN UPDATES. ALL 6 UNITS ARE TWO BED / 1 BATH AND RENT SUPER FAST. 3 UNITS IN FRONT AND 3 UNITS IN BACK AND FULL UNFINISHED BASEMENT. 3 REAR UNITS ALL HAVE WASHER/DRYER IN THE UNITS, PRIVATE DECKS AND THE MITSUBISHI SPLIT DUCTLESS AC. COMMON ROOFDECK WITH AMAZING CITY VIEWS FOR ALL 6 UNITS TO ENJOY. LAUNDRY ROOM FOR FRONT UNITS AND STORAGE IN BASEMENT. 2 EXTERIOR PARKING SPOTS. UNIT 1F IS A REGISTERED AIR B&B APPROVED RENTAL. R5 ZONING. THIS BUILDING HAS BEEN WELL MAINTAINED WITH MAJOR IMPROVEMENTS OVER THE LAST 10 YEARS -- A LIST OF IMPROVEMENTS AND RENT ROLL UNDER ADDITIONAL DOCUMENTS. ONE OF THE BEST CHICAGO NEIGHBORHOODS - WALKING DISTANCE TO THE LAKE, PUBLIC TRANSPORTATION (BROWN & RED LINE) AMAZING RESTAURANTS, SHOPPING, STEPPENWOLF THEATER, SECOND CITY, ETC. BUILDING IN GREAT SHAPE BUT SOLD AS-IS.

Full Features

Exterior Type:

Brick

Basement:

Unfinished

Water Front:

Square Feet:

N/A

Acreage:

0.06

Built:

1895

Parking Spaces:

Cooling System:

Wall Sleeve,Window Unit(s)

Stories:

Current Use:

Multi-Family

Zoning:

MULTI

Current Net Income:

$115,934

Unit 1:

4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$26,535

Tax Year:

2019

Location

Zip Code:

60614

City:

Chicago

County:

Cook

Full Features Taxes & Assessments Location

Exterior Type:

Brick

Basement:

Unfinished

Water Front:

Square Feet:

N/A

Acreage:

0.06

Built:

1895

Parking Spaces:

Cooling System:

Wall Sleeve,Window Unit(s)

Stories:

Current Use:

Multi-Family

Zoning:

MULTI

Current Net Income:

$115,934

Unit 1:

4 room(s) / 2 bed(s) / 1 bath(s)

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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1722 N Mohawk Street is a multiple family which sold for $1,975,000. This multiple family has been listed on @properties Christie's International Real Estate since May 14th, 2021 and was built in 1895. The nearest transit stops include Sedgewick CTA Brown line.