Home For Sale In Chicago, Illinois

house for sale

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Listed: 04/05/24

1651 W Irving Park Rd, Chicago, Illinois, 60613

12 Bed:

4.5 Bath:

5,183 Sq Ft Living Area:

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Price

$ 1,28M

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About This House

An exceptional investment opportunity awaits at 1651 West Irving Park Road. This impressive 4-unit property boasts solid tenants in a desirable and convenient location. The property comprises a well-maintained 2-unit main building and a separate 2-unit coach house, both of which have benefited from recent upgrades including a new roof, ejector pit, and drain tiles installed in 2021, as well as recent tuck pointing. Notably, the property also presents the potential for an additional garden unit, which qualifies for an ADU permit. Upon approval, this would elevate the property to 5 income-producing units, further enhancing its investment potential. Prospective buyers can seize this opportunity to apply for the ADU permit and unlock the property's full income-generating capacity. Conveniently situated in … Full description

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Houses for sale in Chicago

Original listing

Lake View Housing & Living

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.