Bought with Mark Bystrowicz of RE/MAX City
$900,000
$825,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
2118 W Fletcher Street Chicago, IL 60618
4 Beds
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12589686
Sold Date 05/01/26
Style Victorian
Bedrooms 4
Year Built 1901
Annual Tax Amount $12,280
Tax Year 2024
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Charming and well-maintained 2-unit frame building with non-conforming garden apartment in a prime Roscoe Village location offering strong income potential with a projected annual income of $67,740. The property features three 2-bedroom, 1-bath units, including two above-grade units and a garden apartment. The first and second floor units offer 2 bedrooms plus a den, hardwood floors, updated kitchens, and gas forced-air heating. The garden apartment provides a spacious 2-bedroom layout with baseboard boiler heat and includes one garage parking space. Current rents are $1,895/month for Unit 1, $2,300/month for Unit 2, and $1,450/month for the garden apartment, with tenants paying their own gas and electric utilities. An additional garage parking space offers the opportunity for approximately $100/month in extra income. Recent improvements include a new tear-off roof completed in 2023 and a new water service line installed in 2026. Each unit has its own hot water tank (2020-2021), and air conditioning is tenant-provided via window units. This property offers onsite laundry, additional attic space, front and back patios and excellent long-term investment potential. Ideally located near Hamlin Park, Roscoe Village shops and restaurants, and convenient CTA access, making it attractive to both tenants and investors alike.
Location
State IL
County Cook
Community Curbs, Sidewalks
Zoning MULTI
Rooms
Basement Partially Finished, Partial
Interior
Heating Natural Gas, Forced Air, Steam, Baseboard
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer, Storm Sewer
Water Lake Michigan, Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Jahn Elementary School
Middle Schools Jahn Elementary School
High Schools Lake View High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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