Residential Income for Sale: 4106-08 S Lake Park, Chicago, IL 60653
3 beds
$574,000
$574,000
4106-08 S Lake Park,
Chicago, IL 60653
3 beds
$574,000
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Price:
$574,000
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Type Residential Income
Style Row House
Beds 3
Year Built 1890
City Chicago
County Cook
School District 299
Subdivision Bronzeville
MLS 12195498
Status Active
On the Confluence of the Shores of Lake Michigan in East Oakland on coveted Lake Park Ave. Storybook setting Exceptional Unicorn 1890's Brick Vintage 2 Flat Row Home PLUS NON CONFORMING (CODE WORD FOR NOT LEGAL) SEMI FINISHED GARDEN STUDIO APARTMENT set on Corner Double Lot. Absolutely flooded with natural light, open loft like floor plan, hardwood floors, soaring ceilings, separate GFA, H20, Individual Circuit breakers, Skylight, Stainless Steel Appliances, Herringbone patterned backsplash, individual washer/dryer in each unit, Updated bath with wainscotting tile. Full semi-finished nonconforming basement perfect for Duplexing, Live/Work, Extended Family, or future Airbnb. Whimsical Side Garden/Yard, Patio, Multiple decks and 2 car exterior parking pad. Generous zoning provides multiple paths of opportunity and offers diverse investment objectives without committing to a path upfront This is a perfect affordable user or hybrid development asset that is well located and checks all the boxes. Building is NOT landmark nor a landmark district. Zoning Certification is 2 legal units. Floorplans & survey available. Unit 1 is leased 1450 through 11/24. Unit 2 is leased at 1500.00 through 09/25. The Garden Studio Unit is NOT legal, semi finished, vacant and projected at 850.00. 2 pins total tax bill 5257.61. Building 4021.81/ Separate Lot 1235.80. This is an amazing opportunity for a savvy buyer. For Owner Occupants BOA Eligible buyers can get 10k down pmnt grant( up to 10k) on a 95 LTV. Also can get 7500 as closing cost grant. Max Income is 164,700. See brokers private remarks for other value insights.
Room Features
Basement Description Partially Finished
Lot & Building Features
Architecture Row House
Heating Natural Gas
Parking Description Space/s
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan
Lot Dimensions 33.58 X 108.80 ft
Community and Schools
Elementary School 299
Junior High School Fuller Elementary School
Senior High School Dyett Academic Center High Schoo
Price History of 4106-08 Lake Park, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $574,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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4106-08 Lake Park (MLS #12195498) is a row house residential income listing located in Chicago, IL. This property was listed on 10/23/2024 and has been priced for sale at $574,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: North Clybourn Group, Inc. |