3633 N Ravenswood Avenue, Chicago, Illinois 60613

$775,000
4
BD
3
BA
List Price
$775,000
Price Change
▼ $25,000 1655786815
MLS#
MRD11418149
Status
ACTIVE
Type
Multifamily
Subtype
Two to Four Units
Bedrooms
4
Bathrooms
3
County
Cook
City
Chicago
Neighborhood
Lake View
Days On Market
35

Property Description

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 $3,100 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 Joes, and right in between Roscoe Village and Southport Corridor downtowns. Upstairs unit is vacant and main floor is month to month. 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.

Additional Information

School District
299
Elementary School
Hamilton Elementary School
Middle School
Hamilton Elementary School
High School
Lake View High School
Corporate Limits
Chicago
Tax Year
2020
Year Built
1898
Exterior Building Type
Vinyl Siding
Exterior Property Features
Deck, Patio, Storms/Screens, Outdoor Grill, Cable Access
Lot Dimensions
25 X 108
Lot Size Range
Standard Chicago Lot
Units
2
Parking
Garage
Number Of Cars
2
Garage Spaces
2
Garage
Garage Door Opener(s)
Heating
Natural Gas, Forced Air
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Baird & Warner.



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