4226 N Bernard Street, Chicago, Illinois 60618

$630,000
5
BD
4
BA
Sold Price
$630,000
List Price
$650,000
Closing Date
Nov 01, 2019
MLS#
10476265
Status
CLOSED
Type
Multifamily
Subtype
Residential Income
Bedrooms
5
Bathrooms
4
County
Cook
City
Chicago
Neighborhood
Albany Park
Days On Market
44

Property Description

Updated Huge 2-flat with finished in-law arrangement in basement in Hot Irving Park neighborhood! Fantastic opportunity for investors and owner occupants - Potential rental income of $62k/year or 7-7.5% CAP rate. Owner occupants will have over 70% of their mortgage paid by rental income. 1st floor apartment features a remodeled 2BD/1BA with modern kitchen, in-unit washer/dryer and hardwood floors throughout. 2nd floor apartment is a Massive Duplex-Up 3BD/2BA + office/den and offers a New kitchen, Huge Master Bedroom with walk-in closet and skylights. Basement/Garden unit offers a 2BD/1BA unit fully remodeled. New SS appliances in all units, Quartz counter-tops, Grey kitchen cabinets, in-unit washer/dryer in all units, new roof, new siding, HVAC systems..Nothing to do but move-in and collect rents! Seller nor broker, make no representation as to legality of basement arrangement.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2018
Tax Amount
$6,635
Year Built
1908
Exterior Building Type
Vinyl Siding
Lot Dimensions
25 X 125
Lot Size Range
Standard Chicago Lot
Units
2
Parking
Garage
Number Of Cars
2.5
Garage Spaces
2.5
Garage
Garage Door Opener(s)
Heating
Natural Gas, Forced Air
Sewer
Public Sewer
Basement
Yes
Rent Per Unit
Unit 1: $1500, Unit 2: $2500

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Residential. Selling Office: Compass.



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2023 MRED LLC. All rights reserved.

Based on information submitted to the MRED as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.