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2032 W Iowa Street,  Chicago IL, 60622

Sold Price:
$630,000
Date:12/16/2016
4 beds , 2 baths
Status: Sold
MLS#: 09366115
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Last Updated: 3/27/2017 7:35 PM
Description for 2032 W Iowa Street Chicago, IL 60622
Iconic brick two flat in the heart of Ukrainian Village (named the best neighborhood in the country). Current structure is a 2-flat both units 2bd/1bth and currently rented. Partially finished basement includes lifetime warrantied permaseal system. Beautiful original woodwork throughout. This building and lot combination leave many options for potential buyers. 1) Buy and hold will return a 5% cap rate once building is rented at market value for $3600/month ($1800/unit). 2) Owner occupy 1 unit and collect most of your mortgage from the other unit. 3) Gut the interior and create a beautiful single family. 4) Tear down (this lot is NOT in the UKV historic district), and join the many other new constructions on this block. Zoned RT-4 with a 125x24 lot. Tenants leases run through May 2017, but tenants have agreed to vacate December 1st for a contract before October 30th.
Price
Sold Price:
$630,000
Sold Date:12/16/2016
Cook
4
2
09366115
Sold
Listing Information
Property Type: Multi-Family, Other
4 2
13 0.06 Acres 1900
Yes-2 spaces Brick Exterior
Public Sewer
2 Total
Neighborhood
School Information
COLUMBUS ELEMENTARY SCHOOL COLUMBUS ELEMENTARY SCHOOL CLEMENTE COMMUNITY ACADEMY SENIO
Room Information
Interior Features
Humidifier, Intercom System
Gas Heat, Forced Air
Full
Exterior / Lot Features
2 Garage Spaces,
Brick
Flat, Rubber
125X24
MULTI
Fenced Yard
Driving Directions
Chicago to N on Hoyne, E on Iowa
Financial Considerations
17063230220000
$7,110
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60622 has a population of 2,720,546.

The median household income in Chicago, Illinois 60622 is $47,831. The median household income for the surrounding county is $54,828 compared to the national median of $53,482. The median age of people living in Chicago 60622 is 33.4 years.

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Courtesy: Redfin Corporation
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