$965,000
$895,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 07/06/2025
Key Details
Sold Price $965,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12382871
Sold Date 07/06/25
Bedrooms 5
Year Built 1910
Annual Tax Amount $18,785
Tax Year 2023
Lot Dimensions 28 X 116
Property Sub-Type Two to Four Units
Property Description
Introducing this exceptional RT-4 Zoned Lincoln Park/Lakeview development opportunity on an extra wide (28' x 114') lot situated among (and completely surrounded on three sides by) million-dollar townhomes & condos on Diversey, Greenview & Janssen. The handsome all brick Lincoln Park two flat is situated between Southport & Ashland. This Chicago classic has graced the property for more than 100 years and has served the current owners and their family for more than half of that time. The property has great alley access to a detached two car garage. The lot is 3248 square feet which we believe under the applicable RT-4 zoning regulations allows for a total of three units, a Floor Area Ratio of 1.2 and a maximum building height of 38 feet. A copy of the zoning map and a summary of the RT-4 zoning regulations are attached under additional documentation along with a current survey, interior photos from April 2025 and a copy of the most recent tax bill. THIS DOCUMENTATION IS PROVIDED FOR EASE OF REFERENCE ONLY WITH NO GUARANTEE OR REPRESENATION OF ITS ACCURACY. The property has always been and is occupied but being sold in "as is" condition as should be expected in a transaction of this nature. There is certainly an ability for a new owner to live in or lease the two units post-closing while whatever future plans might be in the works. One to be given immediate consideration!
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer, Storm Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Prescott Elementary School
Middle Schools Prescott Elementary School
High Schools Lincoln Park High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Ying Zhao • Parkview Properties and Invest
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "