Skip To Content

565 W Arlington Place

Chicago, IL 60614
  • $1,500,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 12187940
UPDATED: 10 min ago
$1,500,000
  • 6
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1888
County:
Area:

School Information

Elementary School:
Middle School:
School District:
299

Description

Art Deco details abound in this brick 4-unit on coveted Arlington Place in East Lincoln Park. Located in the Arlington Deming Historic District, the 1940's renovation brought the building to the front lot line, bringing great light and views into the front units. From the outside or the inside, this vintage art deco jewel in East Lincoln Park is not your typical four-flat. The property, on one of the most beautiful streets in Chicago, and has been renovated and cared for as a home, while providing rental income. The owners have thoughtfully renovated the building over the past 14 years in keeping with the 1940 renovation, while updating building systems with modern standards of quality. The units and common areas have retained their character as well. This crisp and clean building features have been restored authentically and improved over the years. There are 3 one bedrooms and an owners unit on the top floor that expands from the front of the building to the back. The owners space is complete with three bedrooms or two bedrooms, an office or family room and formal living/dining. Enjoy updated open Euro style kitchens and bathrooms, new windows custom built per landmark preservations, new private fenced garden landscaping, new roof, recent tuckpointing and brick cleaning, new electrical panel, boiler newer 2016, and more. Ideal East Lincoln Park location, Lincoln Elementary School District, walk to the lake, zoo, and park, Clark buses, Fullerton EL, and famous neighborhood restaurants and bars all within walking distance. Zoning is R5, Ideal purchase for the first time investor who wants unique and updated architectural space while collecting income at the same time!

Monthly Payment Calculator



© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Charles Rutenberg Realty. Based on information submitted to the MRED as of 2024-11-14T20:03:17.163 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.gracegroupsells.com/homes/156769475
Print Image

565 W Arlington Place Chicago, IL 60614

  • Price: $1,500,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 10 min ago
  • MLS #: 12187940
6
Beds
0
Baths
0
½ Baths
0.05
Acres
1888
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Elementary School:
Lincoln Elementary School
Middle School:
Lincoln Elementary School
High School:
Lincoln Park High School
School District:
299
Property Description
Art Deco details abound in this brick 4-unit on coveted Arlington Place in East Lincoln Park. Located in the Arlington Deming Historic District, the 1940's renovation brought the building to the front lot line, bringing great light and views into the front units. From the outside or the inside, this vintage art deco jewel in East Lincoln Park is not your typical four-flat. The property, on one of the most beautiful streets in Chicago, and has been renovated and cared for as a home, while providing rental income. The owners have thoughtfully renovated the building over the past 14 years in keeping with the 1940 renovation, while updating building systems with modern standards of quality. The units and common areas have retained their character as well. This crisp and clean building features have been restored authentically and improved over the years. There are 3 one bedrooms and an owners unit on the top floor that expands from the front of the building to the back. The owners space is complete with three bedrooms or two bedrooms, an office or family room and formal living/dining. Enjoy updated open Euro style kitchens and bathrooms, new windows custom built per landmark preservations, new private fenced garden landscaping, new roof, recent tuckpointing and brick cleaning, new electrical panel, boiler newer 2016, and more. Ideal East Lincoln Park location, Lincoln Elementary School District, walk to the lake, zoo, and park, Clark buses, Fullerton EL, and famous neighborhood restaurants and bars all within walking distance. Zoning is R5, Ideal purchase for the first time investor who wants unique and updated architectural space while collecting income at the same time!
Exterior Features

Exterior Building Type Brick Exterior Features PatioStorms/Screens Lot Features SidewalksStreetlights Lot Size Less Than .25 Acre Multi Family Type 4 Flat2 Story Unit/s Parking Details None Parking Total 0 Roof Other Waterfront YN No

Interior Features

Basement OtherStorage Space Basement Bathrooms YN No Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 5 Half Baths In Building 0 Heating Radiator(s) Rooms Total 17

Property Features

Age 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 102000 Insurance Expense 3839 Mls Actual Status Active Net Operating Income 71883 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2010 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 19227.09 Tax Year 2023 Total Numberof Unitsin Building 4 Township Lake View Type Two to Four Units Water Source Lake MichiganPublic Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 312-319-1168.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Charles Rutenberg Realty. Based on information submitted to the MRED as of 2024-11-14T20:03:17.163 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12187940-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12187940-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12187940-1.jpg
Logo
Charles Rutenberg Realty
3135 Book Rd.
Naperville IL, 60563