IL > Chicago > Bronzeville
Chicago, IL 60653,4106-08 S Lake Park Avenue
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Chicago, IL 60653,4106-08 S Lake Park Avenue
Chicago, IL 60653,4106-08 S Lake Park Avenue
Chicago, IL 60653,4106-08 S Lake Park Avenue
Chicago, IL 60653,4106-08 S Lake Park Avenue
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Wade Marshall

Wade Marshall

+1(773) 450-1247
$ 574,000
Est. payment /mo
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Active

4106-08 S Lake Park Avenue Chicago, IL 60653

3 Beds

UPDATED:

10/29/2024 05:06 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Bronzeville

MLS Listing ID 12195498

Style Row House

Bedrooms 3

Year Built 1890

Annual Tax Amount $5,257

Tax Year 2023

Lot Dimensions 33.58 X 108.80

Property Description

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 leased at 1500.00 through 09/25. 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( 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.

Location

State IL

County Cook

Community Lake, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement English

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Deck, Patio, Storms/Screens

Waterfront false

View Y/N true

Roof Type Other

Parking Type Off Alley, Off Street

Building

Lot Description Corner Lot, Fenced Yard

Foundation Other

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Robinson Elementary School

Middle Schools Fuller Elementary School

High Schools Dyett Academic Center High Schoo

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Karen Biazar • North Clybourn Group, Inc.

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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4106-08 S Lake Park Avenue