4505 N Artesian AVE, Chicago, IL 60625
4505 N Artesian AVE, Chicago, IL 60625
4505 N Artesian AVE, Chicago, IL 60625
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$575,000
Est. payment /mo
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5 Beds
2 Baths
New

4505 N Artesian AVE Chicago, IL 60625

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12727586

Bedrooms 5

Annual Tax Amount $11,441

Tax Year 2024

Lot Dimensions 30X126

Property Sub-Type Two to Four Units

Property Description

Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30' x 126' Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms and 1 full bathroom. The expansive unfinished basement provides abundant storage, two washer/dryer hookups, dedicated laundry space, and utility/mechanical rooms. Major building improvements include a premium Bitec roof (approximately 2015) and a garage roof replacement (approximately 2021). The property is equipped with two water heaters (one serving each unit) and two separate boiler systems, including a larger boiler for Unit #2 (approximately 1998) and a second boiler for Unit #1 (approximately 2010). Each unit has separately metered gas and electric service, allowing tenants to pay their own utilities, including boiler heat, electricity, water heaters, and laundry. Outstanding opportunity to renovate, update, or add to your investment portfolio in one of Chicago's most desirable neighborhoods. The property is being sold as-is.

Location

State IL

County Cook

Area Chi - Lincoln Square

Zoning MULTI

Rooms

Basement Unfinished, Storage Space, Full

Interior

Heating Natural Gas, Radiator(s)

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 1.0

Community Features Sidewalks

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Waters Elementary School

Middle Schools Waters Elementary School

High Schools Amundsen High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany


Midwest Real Estate Data (MRED) IDX
Listed by Ilsa Conover of  Jameson Sotheby's Intl Realty 

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Arthur Bragg

Arthur Bragg

Agent | License ID: 250906

+1(847) 997-3944

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4505 N Artesian AVE