Multifamily For Sale

$1,699,000

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1343 N Western Avenue

  • 9 beds
  • 6 baths
  • – sqft
  • 2,592 sqft lot
  • 2020 build
  • on site

Perfect investment opportunity in highly sought-after Wicker Park. Brand new construction , high-end luxury multi-unit built by an experienced local builder with an extensive resume. Building consists of four (4) units: three (3) luxury rental apartments plus a flex opportunity within the commercial space to keep as retail/office or rezone as a live-work space. The rental units are the epitome of what today's renters are seeking and will command top rents and A+ qualified tenants. They are Ultra Modern with up-to-the-minute finishes! Extra Wide floorplans consisting of 3 bedroom 2 bath residences with Huge Private Rear Terraces, Full Sized Floor to Ceiling Windows, Professional Kitchens, White Shaker Cabinets, Stainless Appliances, Quartz Countertops, Wood Grained Flooring Throughout. All bedrooms are well-sized and Resort Caliber Primary Suite with Oversized Spa Shower, Double Vanity and Heated Floors. Outfitted Closets, Window Treatments, Washer/Dryer In Unit & Parking. The commercial space is planned to deliver as vanilla box, with opportunity to commission the Builder to complete your vision. All units have separate utilities; electric central heat and central air conditioning controlled and paid for by the tenants individually. The building's rooftop is built to support and prepped for decking; buildout not included. Proforma CAP Rate 6.4% Prime rental location. Easy stroll to heart of Wicker Park dining, shopping and entertainment strip. Transportation options including walking distance to L and easy access to expressway. This is truly turn-key, hassle-free armchair investment opportunity! HWA 1 year warranty included with the sale.

MRED logo Listing courtesy of MRED / North Clybourn Group, Inc.

Last checked: Checking… • Last updated Apr 14, 2021 •

MLS# 11047558 —

Amenities & Taxes

The Building

Year Built:
2020
REBUILT:
No
New Construction:
true
Basement:
None

Interior

Rooms Total:
18

Location

Directions:
East side of Western Ave., between Division St. and North Ave.

The Property

Parcel Number:
17061140060000
Property Type:
Residential Income
Lot Size Dimensions:
24 X 108
Waterfront:
false

Listing Agent

Contact info:

Taxes

Tax Year:
2019
Tax Annual Amount:
25000

Beds

Bedrooms Total:
9
Bedrooms Possible:
9

Baths

Bathrooms:
6
Full Baths:
6
Unit 1 Full Baths:
2
Unit 2 Full Baths:
2
Unit 3 Full Baths:
2

The Listing

Special Listing Conditions:
List Broker Must Accompany
Virtual Tour Unbranded:
Virtual Tour

Heating & Cooling

Heating:
Electric,Forced Air

Utilities

Sewer:
Public Sewer
Water Source:
Lake Michigan

Schools

Elementary School:
De Diego Elementary School Commu
Elementary School District:
299
Middle Or Junior School District:
299
High School:
Clemente Community Academy Senio
High School District:
299

Parking

Parking Total:
3
Parking Features:
Assigned,Off Alley
Parking Onsite
Yes
Parking Ownership:
Owned

Schools

Rating Details
2

Jose De Diego Elementary Community Academy

  • Public
  • K-8
  • 0.1 mi
N/A

Roberto Clemente Community Academy High School

  • Public
  • 10-10
  • 0.2 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

Flood likelihood over time

year probability
1y 0%
5y 2%
10y 3%
15y 5%
20y 6%
25y 8%
30y 9%

Because risk accumulates over time, this property has a 9% chance of flooding within the next 30 years.

Provided by Flood Factor™

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WalkScore®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Loud Moderate Quiet

Max Internet Speed

XFINITY from Comcast

Provided by BroadbandNow®

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Sale history

Date Event Source Price % Change
4/8/21
Listed / Active MRED $1,699,000 371.9% (206.2% / YR)
3/2/21
Listed / Active MRED
1/27/21
Listed / Active MRED

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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1343 N Western Avenue
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