$1,723,800
7 Beds
Bath
SqFt
Acre Lot
Sqft Lot
Status Active
Property Type Two To Four Units
Year Built 2019
Neighborhood
Days on Website 38

Property Map

$1,723,800 – 1350 North Claremont Avenue, Chicago, IL 60622

Street View

Courtesy of North Clybourn Group, Inc..

Description

Volo Development-Exceptional Wicker Park New Construction 3 Unit Building- 5.62 Cap Rate. Absolute Turnkey Opportunity for Luxury development with 3 Car Garage. Three total units; Duplex down 3 Bedroom/2.1 Bath plus second floor 2 Bed/2 Bath and penthouse 2 Bed/2 Bath with Private roof deck. Sweeping Open Floor plan, Floor to Ceiling Windows, Fireplaces Unit 1 and 3, oCustom Cabinetry, Professional Appliances, Full Back Splash, Quartz Counter tops w/ Water fall edge. Magazine Caliber Master Suite, Walk in Closet, Opulent Master Bath, Over sized Showers, Double Vanities & Heated Floors. Custom Mill Work, 8 ft Shaker Panel Interior Doors, Intricate Molding & Stained Hardwood floors. Fireplaces, Multiple Media & Music zones, Laundry Centers, Spacious Decks+ Private Roof Deck for Penthouse Unit. Separate storage & garage parking included 8 minute walk to North/Damen/Milwaukee & Blue Line. Proforma $130,800 in gross rent- perfectly positioned for delivery & rental Spring 2019! Walk Score 90

Property Details and Features

Listing

  • Source: Midwest Real Estate Data, LLC
  • 2019-01-09
  • Exclusive Right To Sell

Bedrooms

  • 7 bedrooms
  • 3 bedrooms in unit 1
  • 2 bedrooms in unit 2
  • 2 bedrooms in unit 3

Bathrooms

  • Separate Shower
  • Steam Shower
  • Double Sink
  • Soaking Tub
  • Full/half bathrooms: 7
  • 7 full bathrooms in building
  • 3 full bathrooms in unit 1
  • 2 full bathrooms in unit 2
  • 2 full bathrooms in unit 3

Location

  • 1350
  • CHI – West Town
  • Cook

House

  • Built in 2019 (approximate)
  • Contemporary
  • 3 units in building
  • 14 rooms
  • 6 rooms in unit 1
  • 4 rooms in unit 2
  • 4 rooms in unit 3
  • NEW Under Construction

Amenities

  • Gated Entry
  • Sidewalks
  • Street Lights
  • Street Paved

Property

  • Zoning type: MULTI
  • Two to Four Units

Lot

  • 25 X 125
  • Common Grounds
  • Less Than .25 Acre

Appliances and Equipment

  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Fireplace-Gas
  • Garage/Space
  • Laundry Hook-Up
  • Range Hood
  • Hardwood Floors
  • Walk-In Closet
  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Garage/Space
  • Laundry Hook-Up
  • Range Hood
  • Hardwood Floors
  • Walk-In Closet
  • Stove
  • Refrigerator
  • Washer
  • Dryer
  • Dishwasher
  • Microwave
  • Disposal
  • Central Air Conditioner
  • Fireplace-Gas
  • Garage/Space
  • Laundry Hook-Up
  • Range Hood
  • Hardwood Floors
  • Walk-In Closet

Garage

  • Garage Door Opener(s)
  • Transmitter(s)
  • Detached
  • 3 garage spaces

Parking

  • 3 cars
  • Garage

Heating

  • Gas
  • Forced Air

Utilities

  • Electricity expense: $1,000
  • Sewer-Public
  • Lake Michigan

Exterior Features

  • Brick
  • Limestone
  • Deck
  • Roof Deck
  • Storms/Screens
  • Cable Access

Roof

  • Rubber

Basement

  • Finished
  • Full

Foundation

  • Existing basement/foundation: No
  • Concrete

Schools

  • Elementary school: DE DIEGO ELEMENTARY SCHOOL COMMU
  • Elementary school district: 299
  • Middle school district: 299
  • High school: CLEMENTE COMMUNITY ACADEMY SENIO
  • High school district: 299

Taxes

  • NEW
  • Tax year: 2017

Miscellaneous

  • Humidifier
  • TV-Cable
  • Intercom
  • CO Detectors
  • Sump Pump
  • Gross expenses: $17,500
  • Gross rental income: $13,080
  • Insurance cost: $2,500
  • Janitorial cost: $4,800
  • Net operating income: $96,960
  • Unit 1 rent: $4,375
  • Unit 2 rent: $3,075
  • Unit 3 rent: $3,450
  • Unit 1 security deposit: 0
  • Unit 2 security deposit: 0
  • Unit 3 security deposit: 0
  • Electric
  • Gas
  • Heat
  • Electric
  • Gas
  • Heat
  • Electric
  • Gas
  • Heat

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