Courtesy of @properties | Christie's International Real Estate

1875 N Howe Street

Chicago, IL, 60614

$2,000,000

$2,000,000
Pending
Pending
 - For Sale
property_type
Land
The opportunity you have been waiting for... Now is your chance to build your dream home on one of the most sought-after streets and blocks in the entire city. Approximate 25 x 124.5 lot with prime RM 4.5 zoning allows for a substantial home to fit in with the surrounding neighbors. Not many opportunities on these preferred blocks happen. Property is being sold for the lot, but currently the lot has a classic tall Chicago red-brick vintage building with 6 condo units (all 1 bedroom/1 bathroom units in front & back with individual furnaces & central air and all in great condition) that could be rented out while awaiting designs and permits or simply held on to for the investment. In the back is a parking pad with three spaces that allow for tandem car parking (total of 6 cars). Currently 4 of the units are rented, 1 is vacant, and 1 is used for Airbnb with an approximate income (assuming rent for vacant unit & average Airbnb income) of about $12,500/mth or about $150,000 annually. What a rare opportunity in an area that is amongst the most desirable the city offers.
MLS® ID:
11330855
Listed:
2/22/22
Updated:
6/26/22
Berkshire Hathaway HomeServices
Michael Rosenblum

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area
Cooling
Central Air
Heating
Natural Gas, Forced Air

School Information

School District
299
High School
Lincoln Park High School
Middle/Jr High
Lincoln Elementary School
Elementary School
Lincoln Elementary School

Other Property Details

Area Name
CHI - Lincoln Park
Taxes
$37779.8
Tax Frequency
per YEAR
Attached Garage
No
Parking
N
View
N
County
Cook
Utilities
Electric to Site, Gas to Site, Water-Municipal
Pool
No

Property History

Date
Event
Price
Value
3/24/22
Pending
-
-
3/6/22
Active Under Contract
-
-

 

Courtesy of @properties | Christie's International Real Estate

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 Michael Rosenblum 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 6/26/22. 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.

©2022 Listings Courtest of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 10:51 PM UTC, 6/26/22

 

 

Berkshire Hathaway HomeServices
Michael Rosenblum
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