2640 N BURLING ST new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60614
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12363634
Bedrooms 8
Year Built 1880
Annual Tax Amount $16,615
Tax Year 2023
Lot Dimensions 25 X 105
Property Sub-Type Two to Four Units
Property Description
Attractive and solid 3-unit property on historically charming Burling Street in Lincoln Park, a walker's paradise close to shopping, transit, schools, and the lake. Building has received many improvements and has respectful long-term tenants who take care of the property. Tenants pay all utilities; all units have HVAC systems that are serviced annually; most have been replaced within past 8 years. First floor duplex has four bedrooms and 2 baths. Second floor 2-bedroom unit has huge living room, dining room and kitchen, many windows and tons of character. Top floor has two bedrooms, a large open kitchen and in-unit laundry. Dedicated washers & dryers for units one and two are in the basement. Building and garage roof and gutters replaced in 2020. Many windows and appliances have been replaced. Kitchen and bath remodels on 1st and 2nd floor are among the many improvements. 2-car garage onsite brings in additional income. Comparable properties in the area are getting 20% higher rents. Depaul Campus, Red and Brown Line trains, Trader Joe's, Lincoln Park and Oz Park are all a short walk! Full list of improvements, rent roll and pro forma are available at showing.
Location
State IL
County Cook
Area Chi - Lincoln Park
Zoning MULTI
Rooms
Basement Finished,Full
Interior
Heating Natural Gas,Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Frame, No
Sewer Public Sewer,Storm Sewer
Water Lake Michigan,Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Alcott Elementary School
Middle Schools Alcott Elementary School
High Schools Lincoln Park High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None