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3633 N Ravenswood Avenue

Chicago, IL 60613
  • $775,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 11418149
$775,000
  • 4
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1898
County:

School Information

Elementary School:
High School:
School District:
299

Description

AMAZING OPPORTUNITY FOR INCOME! CAN BE USED FOR AIRBNB, RENTAL, SINGLE FAMILY CONVERSION, or OFFICE SPACE. CURRENTLY Main floor office space and 3 bed 2 bath duplex apartment upstairs. The main floor unit could become a two bed AIRBNB possibly. LOW TAXES, laundry hook up in each unit, central AC, forced gas heat, hardwood floors, and double pane windows!!! UPDATED in 2015 and refreshed in 2019. Upstairs a HUGE 3 bed 2 bath DUPLEX rental unit generates $3,300 monthly and rented in days with multiple applicants. (rent is below value) Main floor was originally a 1 bed 1 bath rental unit (market rent about $2,000) Converted into a work/live office space, (currently two Psychologists offices) It has a waiting area, two private offices, office nook, bathroom, Kitchen, and Breakfast Room. It can easily be converted back to rental property or possibly leave as is and use as a two Bedroom rental or AIRBNB. Located in Prime Lakeview/North Center location, 1 block to Addison stop, 2 blocks to Trader Joe's, and right in between Roscoe Village and Southport Corridor downtowns. Upstairs unit is tenant occupied until August 2023. ONLY MAIN FLOOR UNIT WAS CHANGED. Second floor unit was refreshed several years ago with wood laminate floors in the upstairs unit, new light fixtures, and stairs carpeted in the unit and building. Current floor plans shown and old floor plan of the first unit shown separately. Photos on the main floor show each room before and after and have descriptions. First showings only in the second floor unit. Thanks. SEE FLOOR PLANS FOR ENTIRE BUILDING. Long market time because there were tenants and everybody wanted to live in the second floor duplex unit as the owner. The unit is now vacant.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2022-08-17T23:59:30.387 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3633 N Ravenswood Avenue Chicago, IL 60613

  • Price: $775,000
  • Status: Active
  • On Site: 82 Days
  • MLS #: 11418149
4
Beds
0
Baths
0
½ Baths
N/A
Acres
1898
Built
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
Elementary School:
Hamilton Elementary School
Middle School:
Hamilton Elementary School
High School:
Lake View High School
School District:
299
Property Description
AMAZING OPPORTUNITY FOR INCOME! CAN BE USED FOR AIRBNB, RENTAL, SINGLE FAMILY CONVERSION, or OFFICE SPACE. CURRENTLY Main floor office space and 3 bed 2 bath duplex apartment upstairs. The main floor unit could become a two bed AIRBNB possibly. LOW TAXES, laundry hook up in each unit, central AC, forced gas heat, hardwood floors, and double pane windows!!! UPDATED in 2015 and refreshed in 2019. Upstairs a HUGE 3 bed 2 bath DUPLEX rental unit generates $3,300 monthly and rented in days with multiple applicants. (rent is below value) Main floor was originally a 1 bed 1 bath rental unit (market rent about $2,000) Converted into a work/live office space, (currently two Psychologists offices) It has a waiting area, two private offices, office nook, bathroom, Kitchen, and Breakfast Room. It can easily be converted back to rental property or possibly leave as is and use as a two Bedroom rental or AIRBNB. Located in Prime Lakeview/North Center location, 1 block to Addison stop, 2 blocks to Trader Joe's, and right in between Roscoe Village and Southport Corridor downtowns. Upstairs unit is tenant occupied until August 2023. ONLY MAIN FLOOR UNIT WAS CHANGED. Second floor unit was refreshed several years ago with wood laminate floors in the upstairs unit, new light fixtures, and stairs carpeted in the unit and building. Current floor plans shown and old floor plan of the first unit shown separately. Photos on the main floor show each room before and after and have descriptions. First showings only in the second floor unit. Thanks. SEE FLOOR PLANS FOR ENTIRE BUILDING. Long market time because there were tenants and everybody wanted to live in the second floor duplex unit as the owner. The unit is now vacant.
Exterior Features

Exterior Building Type Vinyl Siding Exterior Features DeckPatioStorms/ScreensOutdoor GrillCable Access Garage Details Garage Door Opener(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Standard Chicago Lot Multi Family Type 2 Flat1 Story Unit/S2 Story Unit/SOther Parking Details Garage Roof Asphalt Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 10

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information Commuter BusCommuter Train Gross Income 61200 Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2015 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 11099.48 Tax Year 2020 Total Numberof Unitsin Building 2 Total Rental Income 61200 Township Lake View Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2022-08-17T23:59:30.387 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Touchstone Group
2308 W North Avenue #C1
Chicago IL, 60647