Chicago, IL 60659,2717 W Peterson AVE
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Chicago, IL 60659,2717 W Peterson AVE
Chicago, IL 60659,2717 W Peterson AVE
Chicago, IL 60659,2717 W Peterson AVE
Chicago, IL 60659,2717 W Peterson AVE

$705,000

Est. payment /mo

$700,000

0.7%
Est.Price: ?

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2717 W Peterson AVE Chicago, IL 60659

5 Beds

SOLD DATE : 09/09/2024

Key Details

Sold Price $705,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12067313

Sold Date 09/09/24

Bedrooms 5

Year Built 1928

Annual Tax Amount $9,184

Tax Year 2021

Lot Dimensions 25X125

Property Description

Building will not pass FHA self-sufficiency test. Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS

Location

State IL

County Cook

Area Chi - West Ridge

Zoning OTHER

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Deck, Porch

Parking Features Detached

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Sewer Public Sewer

Water Lake Michigan

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 Christina Ezzo-Gonzalez • Re/Max United
Bought with Mohammed Chowdhury • Equity Market Realty Inc.

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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