Open House: Sun, Sep 22nd 11:00 AM - 12:30 PM CDT

Active

4106-08 S Lake Park Avenue

Chicago IL, 60653

$574,000


Active

3 Beds

3 Baths

Multi-family

Built in 1890

Courtesy of North Clybourn Group, Inc.

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 vacant and projected at $1500.00. 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(3% 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.

12150678

MLS ID

August 29, 2024

Listed

September 17, 2024

Updated

Map

4106-08 S Lake Park Avenue
Chicago IL, 60653

Interior Features

Bedrooms

3


Total Bathrooms

3


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Exterior Features

Deck, Patio, Storms/Screens


Lot Features

Corner Lot, Fenced Yard


Architectual Style

Row House


Roof

Other


Sewer

Public Sewer

School Information

School District

299


High School

Dyett Academic Center High Schoo


Elementary School

Robinson Elementary School

Other Property Details

Area Name

CHI - Oakland


Taxes

$5,258


Tax Frequency

Annually


Days on Market

7


Garage

No


Parking

Off Alley, Off Street


Parking Total

2


View

No


County

Cook


Municipality

Hyde Park


Water Source

Lake Michigan


Pool

No


Lakefront

Yes


Zoning

MULTI

Open House Schedule

Sun, Sep 22nd

11:00 AM - 12:30 PM CDT

Courtesy of North Clybourn Group, Inc., Karen Biazar,
Listing Contact: 773-252-0600 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Taylor Dixon Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 9/17/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:24 AM UTC, 9/17/2024

 

 

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