$2,800,000 Sale

Listed 14 hours ago

844 W Lakeside Place IL

MLS® 12790258 Multi Family 5+

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$10,622/mo

Property Taxes

$28,328.01/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 844 W Lakeside Place IL

Property Type

Commercial

Parking

MLS #

12790258

Size

Basement

Listed on

Lot size

Tax

$28,328.01 /yr

Days on Market

Year Built

1910

Maintenance Fee

Description

844-846 W. Lakeside Pl., a classic center-entrance six-flat apartment building located in Chicago's Uptown neighborhood, a short walk from Lake Michigan and Montrose Harbor. The Property consists of five (5) three-bedroom/two-bathroom units and one (1) four-bedroom/two-bathroom unit, with each ap...artment measuring approximately 1,600 square feet. The Offering also includes five (5) garage parking spaces and a basement workspace currently rented for $550/month. Tenants have large private storage spaces in the basement as well. The apartments showcase preserved vintage character - coffered ceilings, wainscoting, crown molding, decorative fireplaces, and built-in cabinetry - paired with select unit-level updates including refinished hardwood floors, quartz countertops, stainless-steel appliances, HVAC, in-unit washer/dryers, and renovated bathrooms. Capital improvements include a fully rebuilt rear porch system (2023) and a 400-amp electrical service upgrade (2016). A new owner may choose to pursue additional cosmetic renovations to kitchens and bathrooms to push rents above current market levels, building on the unit modernization already completed elsewhere in the building. The Property may also support the addition of an Accessory dwelling unit (ADU) or two, pending city approval. 844-846 W. Lakeside Pl. is ideally situated on a quiet, tree-lined street one block from the Lakefront Trail and Montrose Harbor, with three CTA stations nearby - Lawrence Red Line (7 minutes), Wilson Red/Purple (8 minutes), and Argyle Red Line (10 minutes) - all providing direct service to the Loop.

Full Property Details

Interior

Washrooms

Heating Source

Individual Furnaces

Heating Type

Individual Furnaces

Air Conditioning

Central Air

Washrooms

Heating Source

Individual Furnaces

Heating Type

Individual Furnaces

Air Conditioning

Central Air

Exterior

Lot Dimensions

7501

Parking Spaces

Total Parking Spaces

Garage Spaces

Lot Dimensions

7501

Parking Spaces

Total Parking Spaces

Garage Spaces

Building Description

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Multi Family 5+

Year Built

1910

New Construction

Property Type

Commercial Sale

Home Type

Commercial

Subtype

Multi Family 5+

Year Built

1910

New Construction

Community

County

Cook

County

Cook

Taxes & Fees

Taxes

$28,328.01 /yr

Tax Year

2024

HOA Fee

$0.00 /mo

Taxes

$28,328.01 /yr

Tax Year

2024

HOA Fee

$0.00 /mo

Other

Directions

Lawrence Ave to Clarendon Ave, south to Lakeside Pl, west to the property.

Directions

Lawrence Ave to Clarendon Ave, south to Lakeside Pl, west to the property.

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Grant Alexander

Email: [email protected] Cell: 708-573-0474