Bought with Ledio Samarxhiu of Real Broker LLC
$750,000
$795,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1514 W Fry Street Chicago, IL 60642
5 Beds
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12501339
Sold Date 01/16/26
Bedrooms 5
Year Built 1903
Annual Tax Amount $28,569
Tax Year 2023
Lot Dimensions 40X69
Property Sub-Type Two to Four Units
Property Description
Motivated Seller - WIDE 40' LOT! 5 TOTAL UNITS - Exceptional investment opportunity in one of Chicago's hottest growth corridors-East Village/West Town/Noble Square! This solid brick 3-flat includes a non-conforming basement unit and coach house, offering significant income potential and multiple exit strategies. Ideal for an investor, developer, or house-hacker looking to capitalize on location and value-add possibilities. Long-term tenants currently in place with below-market rents unlock immediate upside through renovation and rent adjustments. Units 1 & 2 feature forced heat and central air; Unit 3 offers forced heat with window A/C. Prime urban setting surrounded by new construction and renovated multi-units, with quick access to I-90/94, #9 Ashland and #72 Chicago buses, restaurants, coffee shops, and nightlife. Endless potential-convert, upgrade, or rebuild for maximum ROI. Property sold as-is. Seller and agent make no legal representation as to the non-conforming units.
Location
State IL
County Cook
Community Park, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Partially Finished, Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Otis Elementary School
High Schools Wells Community Academy Senior H
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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