533 West Wrightwood Avenue Chicago, IL 60614

$1,100,000
$1,100,000
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533 W. Wrightwood Ave., located in the heart of Lincoln Park, the most sought-after neighborhood in Chicago. Located in an A+ location, this building offers (1) 2 Bedroom 2 Bath Duplex & (4) 1 Bedroom 1 Bath Units. The current owner updated three of the five units extensively with condo-quality finishes and HVAC systems. The remaining two units allow a qualified investor to create a value-add opportunity by updating the units and bringing the rents to market. The pride of ownership is shown in how meticulous and pristine the property condition is. It also boasts a high-tech door and intercom system that tenants and owners can operate via a smartphone or tablet app. The capital improvements include, but are not limited to, newer windows, electric supply, in-unit electric breakers and panels, HVACs, boiler system, and masonry work. An Offering Memorandum with more details is available upon request. **NOTE** Dramatic price drop as the seller is motivated and ready to entertain offers. Access to the property will be on 4/18/2024 between 10 am and noon and 4/19/2024 between 10 am and noon, and by appointment only. All offers are due by 3 pm on 4/22/2024. Please call or email the listing agent for information and to confirm a tour.

533 W. Wrightwood Ave., located in the heart of Lincoln Park, the most sought-after neighborhood in Chicago. Located in an A+ location, this building offers (1) 2 Bedroom 2 Bath Duplex & (4) 1 Bedroom 1 Bath Units. The current owner updated three of the five units extensively with condo-quality finishes and HVAC systems. The remaining two units allow a qualified investor to create a value-add opportunity by updating the units and bringing the rents to market. The pride of ownership is shown in how meticulous and pristine the property condition is. It also boasts a high-tech door and intercom system that tenants and owners can operate via a smartphone or tablet app. The capital improvements include, but are not limited to, newer windows, electric supply, in-unit electric breakers and panels, HVACs, boiler system, and masonry work. An Offering Memorandum with more details is available upon request. **NOTE** Dramatic price drop as the seller is motivated and ready to entertain offers. Access to the property will be on 4/18/2024 between 10 am and noon and 4/19/2024 between 10 am and noon, and by appointment only. All offers are due by 3 pm on 4/22/2024. Please call or email the listing agent for information and to confirm a tour.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Lincoln Park
  • Tax Amount
    $21,101
  • Status
    Active
  • Listing #
    11985379
  • Built
    1878
  • Listed on site
    57 days

Listed by:
Jameson Commercial

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Jameson Commercial.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Fire Place

Property History

DateDays AgoEventNew Price
Apr 16, 202412 days agoPrice decreased90,000 (8%)$1,100,000
Mar 29, 202430 days agoPrice decreased95,000 (7%)$1,190,000
Mar 1, 20242 mos agoNew on market$1,285,000
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