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3734 N Leavitt Street Chicago, IL 60618

$1,250,000
New / MLS# 12631004 / Multi Unit - Multiple / Chicago
4 Beds
3 Baths

Rare Opportunity in NorthCenter on an oversized 30 foot lot in Bell School District with St Ben's 2 blocks away. This classic brick 2-flat sits among tree lined streets and wide-lot single family homes with exceptional upside for owner occupants, investors or those wanting to convert into a stunning single family. Currently configured as a spacious owner's duplex-down (2 beds/2 baths, can easily be a 4 bed/2 bath) and an income producing 2 bed/1 bath apartment. The second-floor unit is leased at $2,800/month with rent escalations through March 2028, plus a 60-day kick-out clause for buyers considering future conversion or just wanting flexibility. Both units' primary bedrooms are oversized (22' x 11') and were originally two bedrooms. Deconversion could easily add a bedroom to each unit. Both units feature expansive living and dining spaces, great natural light, oversized kitchens, walk-in closets, good storage and flexible layouts. A rare drywalled 3-car garage with full rooftop deck complete the home. All the modern updates owners and tenants want and separately metered. List of updates available upon request. Set within a premier pocket of North Center known for its wider lot sizes and residential streets, surrounding homes command $2M while new construction starts at $2.5M. Total projected/pro-forma market rent for duplex down, garage and 2nd floor is above $85,000 per year. Sold as-is and agent owned.

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Baird & Warner Steve Scheuring 708.369.8043 Email

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Estimated Payment

$ 4,716.28 per month $2,777.78 Principal & Interest $1,573.92 Property Tax $364.58 Homeowner's Insurance
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Upcoming Open Houses

Open House Sunday May 3rd, 12:00pm - 3:00pm
Open House Monday May 4th, 11:30am - 1:00pm

Property Details

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Garage: 3
Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, In
Home Style: Brownstone
Lot Size: 0.09 Acres
Taxes: $18,887
Year Built: 1915

Feature Descriptions

Appliances: Humidifier
Bath Features: Double Sink
Exterior: Brick, Combination
Lot Dimensions: 30X125
Other Equipment: Ceiling Fan(s), Multiple Water Heaters, Electronic Air Filters, Water Heater-Gas
Parcel#: 14191190290000
Parking: Garage Door Opener, Garage, Yes, Garage Owned, Detached
Sewer: Public Sewer
Total Rooms: 18
Township: Lake View
Water: Lake Michigan

Schools

Middle School: Alexander Graham Elementary Scho
Elementary School: Alexander Graham Elementary Scho
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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