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1947 W Grand Avenue, Chicago, IL 60622
Recently renovated 2 unit building in West Town! Ditch the thought of a single-family home and supplement part of your mortgage with rental income! Renovations to list: New siding (2019), windows (2019), steel support beams (2020), new roof (2019), smart key locks, The decks, recently renovated both bathrooms and kitchens, central AC and furnace replaced (2021). The unfinished basement has 1 Samsung washer and 1 Samsung dryer installed (2022), extra storage, rear parking lot is big enough for 2 cars and a couple of motorcycles! Notable perks - the Damen green line near completion - a few blocks away at Grand and Lake! Located in the ADU program map - future profit potential after purchase with zoning permission. Owner is licensed IL Real Estate Managing Broker. Sold as-is. Value based on condition as seen.
Overview for 1947 W Grand Avenue
Number of Units2
Taxes$11,724
Sq. Footage-
Lot Size-
Bedrooms4
Bathrooms2
Laundry-
Neighborhood
Unit Floor Level-
Property StatusClosed
Property TypeTwo to Four Units
MLS #12048346
List DateMay 06, 2024
Days on Market8
List Price$585,000
Closed DateJun 18, 2024
Investment Details for 1947 W Grand Avenue
| Unit # | Floor Level | Sq Ft | Rooms | Beds | Baths | Sec Deposit | Rent | Lease Exp |
|---|---|---|---|---|---|---|---|---|
| Unit #1 | 1 | 0 | 5 | 2 | 1 | $2,100 | $0 | 7/24 |
| Unit #2 | 2 | 0 | 5 | 2 | 1 | $2,100 | 8/24 |
Financial Info for 1947 W Grand Avenue
- Gross Income-
- Annual Net Operating Income-
- Other Income-
- Other Expense-
- Janitor Expense-
- Water Expense$750 / Owner Projection
- Repairs / Decor Expense-
- Fuel Expense$2,425 / Owner Projection
- Trash Expense-
- Manager Expense-
- Electricity Expense$660 / Owner Projection
- Insurance Expense-
Interior Features for 1947 W Grand Avenue
Bathroom Information
- # of Baths: 2
Heating and Cooling
- Heating Fuel: Natural Gas, Forced Air 0
School information for 1947 W Grand Avenue
- Elementary School-
- Elementary School District299
- Middle or Junior School-
- Middle or Junior School District299
- High School-
- High School District299
Payment Calculator for 1947 W Grand Avenue
Exterior, Parking & Pets for 1947 W Grand Avenue
- Lot Size25X125 0
- OwnershipFee Simple
- Rehab Year2021
- Built before 1978Yes
- Age100+ Years
- ExteriorVinyl Siding
- PoolNo Private
- WaterfrontNo
- Parking
- Parking details: Space/s
- Included in Price (At Least 1 Space)
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Neighborhood for 1947 W Grand Avenue
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West Town
West Town's real estate ranges in price and style. In recent years, new construction has increased in many of West Town's neighborhoods, such as luxurious single family homes with modern facades, expansive buildings housing high-end condominiums, and monochromatic three-flats with mirrored windows. Mixed in with these new construction projects, you'll discover those rare bungalows built many years ago, jawdropping mansions, and lofts in every style from converted brick factory buildings to concrete modernity.
Schools near 1947 W Grand Avenue
| School Information | Type | Grades | Rating |
|---|---|---|---|
Talcott Elementary School  0.2 ml | Public | KG-8 |   5 |
Mitchell Elementary School 0.4 ml | Public | PK-8 | 8 |
Suder Montessori Elementary Magnet School 0.5 ml | Public | PK-8 | 1 |
Otis Elementary School 0.6 ml | Public | KG-8 | 3 |
W. Brown Elementary School 0.6 ml | Public | KG-8 | 1 |
Facts for 1947 W Grand Avenue
773-466-7150
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Fulton Grace Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.