1330 W Argyle Street, Chicago, IL, 60640

$2,300,000

0.13

Acres

About 1330 W Argyle Street

1330 W. Argyle St., a center-entrance, six-unit fully renovated apartment building located in Chicago's Uptown neighborhood on the city's North Side. The Property consists of four two-bedroom/two-bathroom apartments averaging approximately 850 square feet and two three-bedroom/three-bathroom apartments averaging approximately 1,200 square feet. The Offering also includes six parking spaces. Originally constructed circa 1918, the Property has been fully renovated to condo- quality standards. The apartments feature granite countertops, hardwood flooring, stainless-steel appliances, in-unit washers and dryers, and individual HVAC with central air conditioning. Current in-place rents average approximately $2,423 per month for the two- bedroom units and $3,054 per month for the three-bedroom units. The enclosed rental survey demonstrates additional upside of approximately $26,000 in annual gross rent by increasing the two-bedroom units to approximately $2,800 and the three-bedroom units to approximately $3,400, levels fully supported by the surrounding submarket. 1330 W. Argyle is ideally located in one of Chicago's most active North Side submarkets, just a five-minute walk from the CTA Red Line at the Argyle Station and within walking distance of the Argyle Street international dining corridor and Andersonville's Clark Street retail district. The Property is also a 13-minute walk (0.65 miles) from the Ravenswood UP-N Metra Station, with the CTA Purple Line at Wilson a 13-minute walk (0.66 miles) and the Brown Line an 18-minute walk (0.9 miles) away. Foster Beach and Lake Michigan's Lakefront are a 23-minute walk (1 mile) away.

Additional Information: This property is located in the CHI - Uptown neighborhood, IL. This bedrooms multi family 5+ property is priced at $2,300,000.

Facts & Features

MLS® # 12755430
Price $2,300,000
Bathrooms 0.00
Taxes $26,098
Acres 0.13
Year Built 1918
Type Commercial Sale
Sub-Type Multi Family 5+
Status New

Community Information

Address 1330 W Argyle Street
Area CHI - Uptown
City Chicago
County Cook
State IL
Zip Code 60640

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement Yes
Basement Finished, Concrete, Rec/Family Area, Sleeping Area

Exterior

Exterior Brick, Brick/Stone Msn Pred
Roof Membrane
Foundation Concrete Perimeter

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $26,098

Listing Details

OfficeEssex 312, LLC

Listing Map

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