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1330 W Argyle Street Chicago, IL 60640

$2,300,000
New / MLS# 12755430 / Multi Unit - Multiple / Chicago
0 Beds
5800 SqFt

1330 W. Argyle St., a center-entrance, six-unit fully renovated apartment building located in Chicago's Uptown neighborhood on the city's North Side. The Property consists of four two-bedroom/two-bathroom apartments averaging approximately 850 square feet and two three-bedroom/three-bathroom apartments averaging approximately 1,200 square feet. The Offering also includes six parking spaces. Originally constructed circa 1918, the Property has been fully renovated to condo- quality standards. The apartments feature granite countertops, hardwood flooring, stainless-steel appliances, in-unit washers and dryers, and individual HVAC with central air conditioning. Current in-place rents average approximately $2,423 per month for the two- bedroom units and $3,054 per month for the three-bedroom units. The enclosed rental survey demonstrates additional upside of approximately $26,000 in annual gross rent by increasing the two-bedroom units to approximately $2,800 and the three-bedroom units to approximately $3,400, levels fully supported by the surrounding submarket. 1330 W. Argyle is ideally located in one of Chicago's most active North Side submarkets, just a five-minute walk from the CTA Red Line at the Argyle Station and within walking distance of the Argyle Street international dining corridor and Andersonville's Clark Street retail district. The Property is also a 13-minute walk (0.65 miles) from the Ravenswood UP-N Metra Station, with the CTA Purple Line at Wilson a 13-minute walk (0.66 miles) and the Brown Line an 18-minute walk (0.9 miles) away. Foster Beach and Lake Michigan's Lakefront are a 23-minute walk (1 mile) away.

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Estimated Payment

$ 8,763.83 per month $5,918.17 Principal & Interest $2,174.83 Property Tax $670.83 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Individual
Lot Size: 0.13 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $26,098
Year Built: 1918

Feature Descriptions

Current Use: Multi-Family
Drains: Balcony/ies
Electric: Circuit Breakers, Separate Meters
Exterior: Brick, Brick/Stone Msn Pred
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas, Separate Per Unit, Individual Furnaces
Location: Public Transport Avail, Free Standing/Urban, In City Limits
Lot Dimensions: 43.6 x 125
Miscellaneous Indoor: Inside Corridor/s
Miscellaneous Outdoor: Balcony/ies
Parcel#: 14083110750000
Parking: 6-12 Spaces, Assigned Spaces, Open, Paved, Private Lot, Parking On-Site
Potential Use: Multi-Family
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 6

Location

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Listing Office: Essex 312, LLC

Listing Office Phone: 773-305-4858



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