Back 1622 West Pierce Avenue
Off Market

1622 West Pierce Avenue

Chicago IL 60622

4
2
0.1 ac.
Multi-Family
Last sold for $675,000
Loreal UrsoLoreal Urso, last sold this property on 11 April 2023 after 62 days on market.

Overview

Incredible two unit building on one of the most desirable, double-wide one way streets in Wicker Park! Perfectly nestled in between $2M homes, this is a great investment property with a PROJECTED CAP RATE OVER 6%, and with UPDATED FINISHES! 1st floor is a stunning 2 bedroom 1 bathroom apartment, currently set up and furnished to be used as the most adorable Chicago themed Airbnb (furnishings not included in price, but negotiable)! Kitchen has brand new dark stainless appliances, new white cabinets, quartz counters, single basin sink and modern black hardware. Also newly refinished floors, enhanced LED lighting and 10' ceilings. The 2nd floor is a duplex up, with a freshly remodeled kitchen on the main floor including brand new cabinetry, quartz counters, single basin sink, stainless appliances and even a Sub Zero Refrigerator!! Also on the same floor is a small bedroom and newly updated bathroom with beautiful encaustic floor tile! Large living space with a separate dining area or office space. Upstairs you'll find a huge finished attic that can be used as a bedroom suite with an additional TWO bonus rooms that can be used so many ways: Office, Sitting Room, or build out the most amazing custom closet! Plentiful skylights, canned lighting and windows drench this floor with natural light. Both units enjoy the endless sunshine from Southern exposure. Some window seals not functioning. Large, approximately 5' deep Basement/crawl with landscaping rock floor. Timeless curb appeal with classic Chicago brick. The front outdoor space was previously used as a garden. The current backyard is fenced, spacious and lush. Perfect for gardening and entertaining guests. Also a great space for your pups to play and run around. Two car split face block detached garage, floor in great shape, walls and roof need work. Centrally located where Wicker Park and Bucktown meet. Jewel Osco, Mariano's and numerous coffee shops are a couple blocks away along with a selection of bars and restaurants and fitness centers. Just a few blocks from the Bloomingdale "606" trail, 1 block off North Ave, few blocks from Division St, and in the middle of 4 parks including Walsh Park and Wicker Park. BURR ELEMENTARY! Short distance to Damen & Division blue line stop, the North Ave & Ashland buses, and just one block from a Divvy. Super easy 90/94 access. Come fall in love with the possibilities and experience everything these hot Chicago neighborhoods have to offer!

Features

4 bedrooms
2 carspaces
0.1 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 1622 West Pierce Avenue is $670k.

Median value
$670k
Estimated value range
$440k - $1.2m
Median days on market
25
Estimated value trend
22%
increase 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 1622 West Pierce Avenue

2023
Sold
$675,000
11 Apr 2023 by Loreal Urso, of Dream Town Realty
2023
Sold
$675,000
11 Apr 2023 by Loreal Urso, of d'aprile properties
2021
Sold
$645,000
27 Aug 2021 by Courtney Kennedy, of @properties Christie's International Real Estate

Happy sellers in Chicago

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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.

Local market activity for 4 bedroom multi families in Chicago

In the last 12 months, 12 four-bedroom multi families similar to 1622 West Pierce Avenue, have been sold.

This represents a 24% increase in four-bedroom multi families sales when compared to the previous 12 months.

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