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4039 W Van Buren Street Chicago, IL 60624 Multi Unit - Multiple Contingent

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Description

Be a part of the West Garfield Park Renaissance. Meticulously rehabbed architecturally significant Gold Brick, authentic 4-story, 3-unit, building with a full-sized unfinished basement with rare 9 ft. high ceilings. Fully renovated units are incredibly spacious at 1,600 sq. ft., with rare, soaring 9 ft. high ceilings and 3 Bedrooms and 1 1/2 baths each. Units have formal Living Rooms with attractive Bay Windows with gorgeous views of beautiful downtown Chicago, as well as separate formal Dining Rooms. Apartments have their own in-unit washer and dryer, hardwood flooring throughout. All large dining rooms are fully conducive to a fourth bedroom with plenty of remaining floor plan. Tenants pay for their own heating, gas, and electricity. Each unit has its own hot water tank and furnace. Being sold as is. The property is fully enclosed and secured with cast-iron fencing and gates at the front and back. Elegant, fully restored. The building entrance reveals a massive, exquisite, open-space lobby with expert craftsmanship, an originally restored solid-oak staircase, and a skylight. Architecture creates a regal experience. Solid brick 1 1/2 or 2 small car garage with an automatic overhead door opener. The basement is only 2 feet below grade, making this a 4 story building with lots of natural light coming from windows. The basement is heated. Ideally located immediately off the Pulaski exit of 290 Eisenhower Expressway and just blocks away from Legler Regional Library, Chicago Public Schools, Garfield Park, Family Dollar, Save-A-Lot Supermarket, and other shopping, deli's, convenience stores, and gas stations very nearby. Best of all, it is only 2 blocks from the Pulaski Blue Line Station for quick access to Downtown in 15 minutes by train or 8 minutes driving. Units 2 and 3 are rented; unit 1 is vacant, with owner-occupant financing ability available, including FHA, and the Building easily passes the required self-sufficiency test. Make this beautiful property your home or a solid investment, for long-lasting quality and luxurious appeal to owners, tenants and investors. This property is locally owned and meticulously renovated and cared for. It is one of the best properties of its kind, with value, and easy to go anywhere in Chicago.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Eldorrado Chicago Real Estate 312-863-8603
MRED MLS
$600,000
Est. $3,888/mo
9beds
6baths
2cars
New to the Market Contingent
BEDS9 BATHS6 full MLS#12629137
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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4039 W Van Buren Street, Chicago, IL 60624.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $600,000$600,000$600,000
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,878$3,532$3,677
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,888$4,806$4,687

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