Chicago, IL 60651,1516 N Keystone AVE
Chicago, IL 60651,1516 N Keystone AVE
Chicago, IL 60651,1516 N Keystone AVE
28
$675,000
$650,000
3.8%
Est.Price: ?

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11 BD
4 BA

1516 N Keystone AVE Chicago, IL 60651

Est. payment /mo
SOLD DATE : 06/02/2025

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Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12325723

Sold Date 06/02/25

Bedrooms 11

Year Built 1912

Annual Tax Amount $8,912

Tax Year 2023

Lot Dimensions 37X126

Property Sub-Type Two to Four Units

Property Description

Investor alert in West Humboldt Park! This classic brick building is a legal 3-flat with an additional fully renovated 2-bedroom, 1-bath garden unit featuring front and rear egress. Situated on an oversized lot, the three large 3-bedroom, 1-bath units each offer formal dining rooms, high ceilings, hardwood floors, original built-ins, and enclosed back porches. The garden unit is currently vacant and ready to rent at market rates between 1,500-1,700 dollars/month, while the three main units are occupied and generating steady income. Recent improvements include two new furnaces and AC units (servicing three units), sump pump and flood control system, partial sewer line replacement, new stainless appliances in the basement, unit 2, and unit 3, a walkout door added to the basement, extended HVAC into the laundry, new washer and dryer, electrical upgrades, and a garage door opener for the 3-car garage. Roof is approximately 8 years old. All units have gas-forced air, central AC, and separate utilities. Shared laundry in basement. Garage provides extra income. Property is being sold as-is. Seller and broker make no representations as to the legal status of the garden unit.

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning MULTI

Rooms

Basement Finished, Partially Finished, Partial

Interior

Heating Natural Gas

Equipment CO Detectors, Sump Pump

Fireplace N

Exterior

Garage Spaces 3.0

Roof Type Flat

Building

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Dan Nelson • Compass
Bought with Bruce Glazer • @properties Christie's International Real Estate

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