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4229 W Division Street Chicago, IL 60651 Multi Unit - Multiple New

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  • 4229 W Division Street, Chicago, IL 60651 Main Photo

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Description

Excellent investment opportunity in the heart of West Humboldt Park! This Mixed-use C1-1 zoned property offers a versatile configuration with TWO- 2 bedroom, 1 bath apartments, a 380 sqft storefront, a finished garden apartment with 2 bedrooms, 1.5 bathrooms, and an oversized 2 car garage with 13-ft ceilings. The garage is equipped with gas, water, and its own electrical panel, offering exceptional flexibility for storage, business use, workshop space, or other possibilities. Each apartment features separate utilities, providing added convenience for owners and investors. The building is equipped with central heat, and the ability to add central AC. The C1-1 zoning opens the door to a variety of residential and commercial uses, making this a unique opportunity for an owner-user, investor, or entrepreneur looking to maximize the property's potential. Recent improvements include Tuckpointing, New sewer stack, NEW garage door (2024), NEW gates, NEW front door, and NEW security camera system. Ideally located near public transportation, the 606 Trail, and neighborhood amenities. A rare opportunity to own a flexible mixed use property ideally located near public transportation, the 606 Trail, and neighborhood amenities!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Cook
Listed By:
Keller Williams Premiere Properties 630-545-9860
MRED MLS
$515,000
Est. $3,471/mo
6beds
4baths
2cars
New to the Market New
BEDS6 BATHS4 full MLS#12731188
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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4229 W Division Street, Chicago, IL 60651.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $515,000$515,000$515,000
Down Payment $103,000$18,025$128,750
Monthly Mortgage Amount $2,604$3,196$3,233
Taxes $717$717$717
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$227$0
Monthly Estimated Total $3,471$4,290$4,100

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