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1821 W Farragut AVE Chicago, IL 60640
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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10111677
Sold Date 12/10/18
Style A-Frame
Bedrooms 4
Year Built 1891
Annual Tax Amount $8,031
Tax Year 2017
Lot Size 3,049 Sqft
Lot Dimensions 25X126
Property Sub-Type Two to Four Units
Property Description
Prime Location! Rarely available investment opportunity, this well maintained 2 unit building smack in the middle of Lincoln Square, Andersonville and Bowmanville has endless possibilities. Keep as an armchair investment property or convert to SFH. New construction all around. Many updates include copper plumbing lines, renovated kitchens and bathrooms, updated gas forced air HVAC systems and separate utilities. Add this to your portfolio today or make it your home. First and second floor units have tall ceilings, private balconies and ample natural light. Second floor has 2BR plus bonus Den. Basement ceiling height over 7 feet tall, ripe for a duplex up/down addition. Rents well below market value, building has over 6% cap rate potential. Just steps from Damen avenue where it is filling up with new restaurants and shops. Walk to Andersonville restaurant cluster, Mariano's, Metra Stop.
Location
State IL
County Cook
Area Chi - Lincoln Square
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Equipment CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Balcony, Deck
Parking Features Detached
Garage Spaces 2.0
Community Features Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Chappell Elementary School
High Schools Amundsen High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Exit Strategy Realty