Courtesy of Baird & Warner

3633 N Ravenswood Avenue

Chicago, IL, 60613

$775,000

$775,000
Active
Active
 - For Sale
beds
4 Beds
baths
3 Baths
property_type
Multi-family
calendar
Built 1898
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.
MLS® ID:
11418149
Listed:
5/26/22
Updated:
8/17/22

Interior Features

Total Bedrooms
4
Total Bathrooms
3
Heating
Natural Gas, Forced Air

Exterior/Building Features

Exterior Features
Deck, Patio, Storms/Screens, Outdoor Grill, Cable Access
Roof
Asphalt
Sewer
Public Sewer

School Information

School District
299
High School
Lake View High School
Middle/Jr High
Hamilton Elementary School
Elementary School
Hamilton Elementary School

Other Property Details

Area Name
CHI - Lake View
Taxes
$11099.48
Tax Frequency
per YEAR
Garage
Yes
Garage Spaces
2
Parking
Y
View
N
County
Cook
Water Source
Public
Pool
No
Zoning
MULTI

Property History

Date
Event
Price
Value
6/20/22
Price Change
$775,000
-3%

 

Courtesy of Baird & Warner

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Data last updated 6:23 AM UTC, 8/17/22

 

 

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