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$1,775,000
7 Days Online

2537 N Wayne Avenue
Chicago, IL 60614

For Sale|Multi-Family|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate 773-472-0200
Call Now: 312-766-7076
Is this the home for you? We can help make it yours.
312-766-7076
2537 N Wayne Avenue2537 N Wayne Avenue2537 N Wayne Avenue2537 N Wayne Avenue
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TOP RATED LINCOLN PARK, TURN KEY RENOVATED 4 UNIT INVESTMENT OFFERING. ALL UNITS RECENTLY UPDATED INCLUDING LARGE UPDATED KITCHENS AND BATHS. FORMERLY A 4 UNIT CONDO ASSOCIATION - COULD BE CONVERTED BACK AND SOLD INDIVIDUALLY. EACH UNIT IS A DUPLEX/TWO LEVEL APARTMENT WITH INDIVIDUAL CENTRAL HEAT & AC, WATER HEATER, GAS LOG FIREPLACES AND LAUNDRY IN-UNIT: 1F OFFERS A 2020 UPDATED 3 BED 2 BATH, 1R OFFERS A 2020 UPDATED 2 BED 2 BATH APARTMENT; 2F IS A TOP FLOOR TWO-LEVEL 3 BED 2 BATH APARTMENT AND 2R OFFERS AN UPDATED TWO-LEVEL 3 BED 2 BATH APARTMENT. TWO PARKING SPACES ARE CURRENTLY INCLUDED AND ARE RENTED BY 2F AND 2R. THERE IS A SMALLER SPACE THAT COULD BE USED FOR A 3RD PARKING SPOT FOR A SMALLER CAR. LARGE REAR YARD. HIGH DEMAND AREA WITH RENTAL GROWTH POTENTIAL. HIGH DEMAND LOW VACANCY LOCATION NEAR WORLD CLASS RESTAURANTS, BARS, SHOPPING AND DEPAUL UNIVERSITY ALL VERY CLOSE. $101K NOI, 5.7 CAP & 12.12 GRM. ASSET WAS FORMERLY 4 SEPARATE CONDOMINIUMS WITH INDEPENDENT UTILITIES FOR EACH DUPLEX UNIT. POSSIBLE OPTION TO CONVERT BACK AND SELL OFF SINGLE UNITS. PROPERTY WAS COMBINED INTO SINGLE PIN IN 2020. REQUIRED 48 HOURS NOTICE.

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Listing Snapshot
Price 
$1,775,000
Days Online 
7 Days
Bedrooms 
11
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS Number 
11707252
Status 
Active
Property Tax 
$29,060
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS
a week agoListing first seen online
General Features
Parking Spaces 
2
Sewer 
Public SewerSewer- Storm
Basement 
Full
Acreage 
0
Water 
PublicLake Michigan
Zoning 
MULTI
General Information 
None
Rooms Total 
19
Lot Size 
Standard Chicago Lot
Parking Total 
2
Interior Features
Heating 
Natural Gas
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Exterior Features
Waterfront Property 
No
Community Features
Township 
Lake View
MLS Area 
CHI - Lincoln Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate 773-472-0200



Based on information submitted to the MLS GRID as of 2023-02-02 01:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Data last updated: 2023-02-02 01:40 PM UTC
MRED DMCA Copyright Information Copyright © 2023 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
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