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4021 N Whipple Street Chicago, IL 60618 Multi Unit - Multiple New

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Description

Irving Park - Stately brick 3-unit building on an oversized 30 x 130 lot. Beautifully rehabbed in 2017/2018, this is a smart, turnkey investment opportunity in a prime location surrounded by million-dollar homes on a great block. Fully leased and consistently occupied with no history of vacancy. The property features three spacious 2 bed / 1 bath units plus office, along with a 2 bed / 1 bath garden unit. Each unit offers generous living space, updated kitchens with granite countertops and newer appliances, renovated baths, and in-unit washer and dryers. Major mechanical updates include separate furnaces for each unit, three AC units, and three water heaters located in the basement. Significant improvements provide peace of mind: newer plumbing and electric, sewer line replaced from the back of the building to the street (2007), tuckpointing completed in 2018, windows replaced in 2000, full tear-off roof in 2006 sealed with aluminum coating and inspected in 2018, and garage roof replaced in 2010. Outdoor features include a 2-car garage plus a 2-car parking pad and a brand-new Trex patio in the backyard (2025), offering durable, low-maintenance outdoor space. An exceptional opportunity for investors seeking a well-maintained, income-producing property in a strong Irving Park location. Steps from Horner Park!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Cook
Listed By:
Vesta Preferred LLC 773-645-4455
MRED MLS
$1,150,000
Est. $7,304/mo
8beds
4baths
2cars
New to the Market New
BEDS8 BATHS4 full MLS#12590730
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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4021 N Whipple Street , Chicago, IL 60618.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,150,000$1,150,000$1,150,000
Down Payment $40,250$0$230,000
Monthly Mortgage Amount $6,679$6,949$5,369
Taxes $1600$1600$1600
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $690$0$0
Monthly Estimated Total $9,304$8,884$7,304

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