Residential Income

2255 Shakespeare Avenue, Chicago, Illinois 60647

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Property Description

Primo Bucktown/Holstein Park, center entrance, 4 unit, corner building with all 4 units looking over the green space of the park. Each of the 4 units feature 2 bedrooms and 1 bathroom and central a/c and heat. Unit 1W features a renovated kitchen with quartz counters and stainless steel appliances and in unit laundry. The other 3 units feature a 90’s era kitchen set up and share laundry in the basement. The renovation in 1W cost $15,000 and saw rent raise from $2,100 to $2,500 per month so proof of concept that another $45,000 investment can raise the gross monthly rents to roughly $10,000 a month from $8,625 where they stand today. Our contractor would be happy to do the work on the remaining units at their next vacancy. This is a gem of a building in the heart of my favorite pocket in Bucktown with four nice floorplans all overlooking the park. There is an unfinished basement currently used for laundry and storage where a buyer could explore adding more units or more square footage. Parking for 3 cars behind the building.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : MRD12298826
Price : $1,249,000
Bedrooms : 8
Bathrooms : 4
Features
Basement : Full, Unfinished
Parking : 3
Address Map
Country : US
State : IL
County : Cook
City : Chicago
Zipcode : 60647
Street : Shakespeare
Street Number : 2255
Street Suffix : Avenue
Floor Number : 0
Longitude : W88° 18' 54.9''
Latitude : N41° 55' 14''
Area : CHI - Logan Square
Street Dir Prefix : W
MLS Addon
Agent Name : Robert
DaysOnMarket : 44
Directions : Western To Shakespeare - East To 2255 West - Corne
List Agent Full Name : Robert Sikkel
List Agent MLSID : MRD145786
List Office MLSID : MRD16379
List Office Name : @properties Christie's International Real Estate
Parcel Number : 14311250010000
ParkingFeatures : On Site
Sewer : Public Sewer
Tax Year : $2,023
ListAgentLastName : Sikkel
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active Under Contract
PhotosChangeTimestamp : 26/02/2025 16:15:01
Residential Income For Sale
  • Listing ID : MRD12298826
  • Bedrooms : 8
  • Bathrooms : 4
$1,249,000
Agent info
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