For Sale, USD 1,600,000
1062 W Columbia Avenue, Chicago, Illinois, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 15
Bathroom : 7
Half Bathroom : 1
MLS#: 12432702
Property Description
Amazing opportunity to own an oversized 4-unit building on a dead-end street. The building sits on a 37 x 175 lot that is 100 feet from a public beach on Lake Michigan (here the waves crash from the back decks). Just steps off Loyola Campus-easy access to the Metra, L train, and Lake Shore Drive. Lease dates-Garden Mnoth to month @ 2425; unit 1-8/26 @ 3950; unit 2 - 2/28/26 @ 3750; unit 3 - 10/25 @ 3750. 166500 in rent a year. Units can be upgraded-tons of room for the rents to grow. All the units have full kitchens, in-unit laundry, forced heat, and central AC. large bedrooms and a large common family room. Units 1 to 3 have back decks. Parking in the back for up to 8 (tandem parking). All brick building. The owner covers electricity and heat with the rent. Gas for 2024 was 6915; electric for 24 was 7096; 2024 water was approx. 3k; 24 insurance was 5306-144k net after expenses. The roof was changed in 2024, and all the mechanicals have been updated since 2021.
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Oversized 4-Unit Building on a Dead-end Street, United States,Illinois,Chicago is a Chicago luxury Multi-Family Home listed for sale USD 1,600,000. This high end Chicago Multi-Family Home is comprised of 15 bedrooms and 7 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.