Monday, April 29, 2019

Amundsen High School spring fundraiser sold out! You can still volunteer this Friday May 3rd

I'm excited to be an Amundsen Ally sponsor for Amundsen High School. The big spring fundraiser for this Friday May 3rd at Trigger Chicago is sold out.  Yay!

You may still volunteer or become and Amundsen Ally to sponsor future events! Click here to volunteer (clean up shift is especially needed).

Sunday, April 28, 2019

Despite the weather this Lincoln Park view can't be denied

The Commonwealth with Lincoln Park at your door!
We were out with a great buyer Saturday checking out the high-rise life in Lincoln Park. First stop was the Mies van der Rohe tower at 330 West Diversey. This three bedroom unit asking $599K has the perfect south view of the park and skyline. Luckily we got it in before the snow!

We recently sold another unit at 330 West Diversey and love the location.

Friday, April 12, 2019

Video! Logan Square church building for sale $1,590,900

3301 West Wrightwood, Chicago IL 60647 asking $1,590,900

Logan Square large multi-purpose church building Zoned RS-3. Total Land Area 9,375 sq. ft. (possible Land Area 13,105 sq. ft. with adjacent lot on Wrightwood see survey).  Building Area 14,240 above grade, 5,797 sq. ft. per independent appraisal.

Fantastic opportunity in a vibrant community two blocks from CTA Logan Blue Line and historic Logan Boulevard . 75' north facing on Wrightwood (possible additional lot available making 100' on Wrightwood, see survey), 125' west facing on Kimball. Building features second floor gymnasium (30'x60'), four office and classrooms with main floor 1/2 bathroom.
Second floor gym
Large finished meeting room/ yoga studio (basement). Fellowship hall with large kitchen (basement) with men's and women's bathrooms.  Sanctuary seats about 130-150. Potential use for school, religious organization, arts company, theater company, single family development. Purchase offers with proposed zoning change are subject to 35th Ward Community Driven Zoning and Development. This is a dream location for your organization!

Additional Information
Mailing address 3325 West Wrightwood, Chicago IL 60647 (PIN 13264200010000 address 3301 West Wrightwood) Corner of Wrightwood and Kimball (75' north facing on Wrightwood, 125' west facing on Kimball)
Asking price $1,590,900
Currently tax exempt
Total Land Area 9,375 sq. ft.
Building Area 14,240 above grade, 5,797 sq. ft. per independent appraisal
Current use religious organization
Zoned RS-3 (Order a zoning report instantly at MAPS)
1.9 blocks from CTA Logan Blue Line at Milwaukee and Spaulding (1,268 feet)
Large finished meeting room/ yoga studio (basement)
Fellowship hall with large kitchen (basement)
Office/ classroom wing
Sanctuary (130-150 seats)
Potential use for school, religious organization, arts organization, theater company, single family development (Order a zoning report instantly at MAPS)
Building needs extensive brickwork, interior plaster repair, windows, facility updates, mechanical updates
Please see 35th Ward Community Driven Zoning and Development
All info gathered from independent 3rd party appraisal, survey, church organization documents and deemed reliable but not guaranteed

Exclusively listed by:
Eric Rojas, Broker, Kale Realty
2447 N Ashland, Chicago IL 60614
PH: 312-939-5253

Wednesday, April 10, 2019

Belgravia's slick River North new construction nears completion, sell out

403 N Wabash nears completion. The location is a bit quirky... sort of a bridge between two neighborhoods. All photos Eric Rojas, Broker, Kale Realty
We finally took a couple photos of the Belgravia new construction at 403 N Wabash. The sharp looking building is almost absorbed by the large 405 N Wabash (River Plaza) and that other building.  Here's some background from Curbed in 2017.
It is hard to make out the diminutive, boxy 403 N Wabash "Renelle on the River" among the existing high-rises from certain angles.  We'll swing by for photos in nicer weather when it's complete.

Belgravia will be delivering 50 new units at 403 North Wabash Avenue "Renelle on the River" this summer. 39 of the 50 units are currently PEND closing on MLS with 4 units presently listed.
The 4 units now being actively marketed range from $1,355,900 for a 1827 sq. ft. 3B/3Ba unit to $2,282,900 for a 2517 sq. ft. 3B/3.1Ba unit...parking not included.

We've been mostly pleased with Belgravia's projects and quality of construction.  We're always happy to show clients their new projects and re-sale condos and town homes

Monday, April 08, 2019

Would you buy a two-flat subject to tenancy?

This Edgewater two-flat is a great price and condition for our client. BUT it comes with a catch. All photos Eric Rojas, Broker, Kale Realty

We looked at a few newly listed small multi-unit buildings with our client on Sunday in Edgewater, Addison Mall and North Park neighborhoods. We jumped on the best priced building in Edgewater (preferred location). We found out quickly that the purchase was subject to tenancy.  This generally means the buyer will have to adhere to the current tenant lease agreements upon closing. Whatever that may be.

In this case the property has month to month tenants in both units and the "in-law" unit situation. We wanted the tenants vacated prior to a closing. The seller's agent has told us the owner won't do that... the tenants will be the buyer's responsibility.  Basically the tenants aren't going anywhere.

Even though the asking price is great this is too much risk for our buyer. This will be her primary home and she will rent the other unit out. No stomach for squatters or an eviction process should it come to that.  A professional investor who has dealt with tenant issues may be wise to scoop this up. Understanding local ordinances and a state's specific tenant law is key when buying multi-unit buildings.

Thursday, April 04, 2019

New Gardner School to be built on former Buddhist Temple site, Uptown/ Ravenswood

The former Truc Lam Buddhist Temple at North Ashland and West Wilson. All  gloomy day photos Eric Rojas, Broker, Kale Realty.

Former Truc Lam Buddhist Temple building in the Ravenswood / Uptown neighborhoods is scheduled for demolition this spring. Anyone on the North Side has probably passed this site at Ashland and Wilson a million times. A new Gardner School early childhood learning facility will be built and really alter the look of the corner. The school/ daycare may be built by right according to RS-3 zoning (we work with clients on these types of deals).

We've mentioned daycare/ early childhood education facilities are HOT! Several new buildings have been built or significantly retrofitted in the 47th Ward recently for schools within a mile or so of this location including a new JYCS and Kiddie Academy.

Here is some background from Uptown Update  .   See full site plan here

Grey-stone multi-units across the street on West Wilson.

Not on MLS: Uptown Grey-stone 3-Unit for sale $815,000, great condition!

Wow! 4410 N Dover asking $815,000
Owner operators and investors buyers! Contact me for this pre-MLS opportunity at 
4410 N Dover, Chicago IL 60640 asking $815,000. This is a terrific property to call home. Close to Wrigley, Target, dozens of restaurants and bars... amazing location!

Eric Rojas, Broker
Kale Realty - Lincoln Park
2447 N Ashland 
Chicago IL 60614

Extra Wide Legal 3-Unit Greystone - Walk to Montrose Brown 

Gorgeous and EXTRA WIDE Grey-stone on Over-sized Lot! Ten Min Walk to Montrose Brown or Wilson Red Line on Quiet, Tree-Lined Street, Three LEGAL Units, All Individually Metered, Gut-Rehabbed to Condo Quality, Central Heat and Air, Newly Refinished Hardwood Floors, Recessed Lighting, Dishwashers, Marble Baths, Top Floor Owner's Unit Has FOUR Bedrooms with King Size Master, Stainless Steel Appliances, Wood-Burning Fireplace - Big Back Decks, Shared Coin-Op Laundry,  Separate Living and Dining Rooms, Rarely Found BIG BEDROOMS! Park Pad for One Car, Large Fenced Backyard, Can Easily Fit Up to Three Cars -  Strong Income with Room to Grow - Gross Income $56,400 Annually:

Unit G (2 Beds/1 BA) - $1000  (Lease M2M) 
Unit 1 (3 BEDS/1 BA) - $1850 (Lease Ends 5/31/2019)  
Unit 2 (4 BEDS/1 BA) - $1850 (Lease Ends 4/30/2019)

First Showings Sunday, April 7 
Listing on MLS 4/9

Top floor living room (virtually staged)
Top floor kitchen

Large bedrooms

Great bathroom!

Back decks

Exclusively listed by 
Kale Realty
2447 N Ashland
Chicago IL 60614

Wednesday, April 03, 2019

First renters move into mega development Lincoln Common this week in Lincoln Park

The two large towers of Lincoln Common on the old Children's Memorial Hospital site.  All photos Eric Rojas, Broker, Kale Realty
Crain's reported the first renters have moved into the Lincoln Common development in Lincoln Park. It will be awhile until all the buildings are completed and the whole site pulls together.

Apartment rents range from $1,800 to $6,300 at their site.  If you need an apartment in Lincoln Park, contact me for various options.

Past posts on Children's Memorial site here.

Tuesday, April 02, 2019

Lincoln Square "L" train mural... next to the tracks

A cool garage mural near Leavitt and Leland adjacent to the tracks.
I've walked by this "L" train mural in Lincoln Square a 100 times.  I finally took a couple photos. These home owners have embraced living with the "L" tracks directly behind their property.

Choo choo!