1512 West Superior Street

Chicago IL 60642

Multi-Family

Last sold for $580,000

Joanna Lewkowicz, last sold this property on 02 October 2024 after 56 days on market.

Overview

Amazing opportunity for a redevelopment, rehab or conversion to single family .Highly anticipated, offerred for a first time in decades, vacant, currently 2 flat with non conforming basement ADU. Many neighboring homes have an additional unit added to the structure, so check with the Chicago authorities if this is possible. Hot Noble Square/West Town location is a perfect mix of Chicago, all in one spot, literally within a walking distance from the Loop. It offers a mix of well preserved historic architecture and newly constructed homes a variety of dining, shopping and nightlife options. Great spot for residents of all ages, dog parents, car & public transportation commuters and bikers. Few blocks away from Eckhart Park and multi million dollar redevelopment condo project. Great place near Downtown without all the crowds! Currently certified as a 2 unit - zoned RS3. Located on amazing block with lots of new/newer construction and refurbished homes. Property is in need of redevelopment with no recent updates. One of the bathrooms is gutted therefore conventional financing wont apply. Cash, rehab loan or hard money only due to the condition. 2 car detached garage and a good sized yard. Survey, title & zoning certificate ready. Seller can close within days and deliver a property with no tenants!!! You or your builder could start working on the permits right away. 1 water meter, 3 electric meters. Property has quite a bit of original trim and woodwork for those that love the historic feel. Good size backyard. 1/2 block East of Ashland. 1/2 block South of Chicago in thriving Noble Square/West Town community. Don't miss this opportunity!

Features

6 bedrooms

2 bathrooms

3 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 1512 West Superior Street is $823k.

Median value

$823k

Estimated value range

$660k - $1.27m

Median days on market

Estimated value trend

-29%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1512 West Superior Street

2024

Sold

$580,000

02 Oct 2024 by Joanna Lewkowicz, of BOUTIQUE HOME REALTY

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.