2156 W Pierce Avenue, Chicago, Illinois 60622

$1,750,000
8
BD
5
BA
List Price
$1,750,000
MLS#
MRD11190227
Status
ACTIVE
Type
Multifamily
Subtype
Two to Four Units
Bedrooms
8
Bathrooms
5
Gross Rental Income
106200
County
Cook
City
Chicago
Neighborhood
Wicker Park
Days On Market
107

Property Description

Set on a 47-foot wide corner lot on "Mansion Row" in historic Wicker Park, a German coal magnate built this handsome Victorian beauty in 1890. Original architectural features have been preserved including a substantial stone facade, oak millwork, intricate moldings, carved fireplace mantles, stained glass windows, and hardwood floors. Currently, this home is configured as a legal 3-flat generating significant annual income, even with below-market rent. It is comprised of two 2-bedroom simplex units and a 4-bedroom duplex penthouse. Other features include a fenced side yard, and numerous updates including complete tuckpointing, a new slate roof, reconstruction of the front portico as well as new rear and side porches, and a new water heater. This home is ideal as an income property, for a live-in owner/investor, or for conversion to a 6,000 sqft single-family home. The location near the Damen L-stop and some of Chicago's most popular restaurants, boutiques, and amenities is a bonus!

Additional Information

School District
299
Elementary School
Pritzker Elementary School
Middle School
Pritzker Elementary School
High School
Clemente Community Academy Senio
Corporate Limits
Chicago
Tax Year
2020
Year Built
1895
Exterior Building Type
Brick, Stone
Exterior Property Features
Deck
Lot Dimensions
46 X 98
Lot Size Range
Oversized Chicago Lot
Units
3
Parking
None
Heating
Steam, Radiator(s)
Sewer
Other
Basement
Yes
Total Rental Income
106200

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Engel & Voelkers Chicago.



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