$705,000
$700,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
2717 W Peterson AVE Chicago, IL 60659
5 Beds
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Mohammed Chowdhury • Equity Market Realty Inc.
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