Showing posts with label CTA Red Line. Show all posts
Showing posts with label CTA Red Line. Show all posts

Thursday, April 04, 2019

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
773-510-1597
erojas@kalerealty.com

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
312-939-5253

Monday, January 14, 2019

The Bel apartments in Lakeview rise up (is that a pigeon?)

The Bel is a 37 apartment transit orientated development (TOD) at 941 West Belmont, Chicago IL 60657 adjacent to Belmont Red Line station. All photos Eric Rojas, Broker, Kale Realty
We got a up close and personal look of The Bel apartment development in Lakeview. It could not be closer to the CTA Belmont Red Line station.  Is that a pigeon staring at us? A pigeon? The bane of all apartment dwellers??

The median price of a rental on the block is about $2,000 per month. Around $2,000 a month you can expect a two bedroom, one or two baths renovated apartment. Some exceptions include more vintage 3 bedroom apartments and dedicated parking availability varies at $2,000/ per month.



Wednesday, October 18, 2017

Do you like trains? TOD underway on busy West Belmont in Lakeview

As brokers we are frequent CTA users trying to avoid our cars and traffic whenever possible.  We stopped to check out progress of the TOD off the CTA Red Line stop at Belmont.
The new development  at 937 - 945 West Belmont adjacent to the CTA Red Line Belmont station is underway.  A vintage three flat has been demolished. Curbed Chicago has some great photos and back story.  It is not clear what the purchase price for the entire property was (the property at 937 W Belmont closed for $135,000 in June 2016) but there is a mortgage recorded of $9 million for the development.  This is yet another example of replacing existing buildings with larger retail and residential developments along commercial strips on the North Side.

Image posted at the property of the (future) completed development at 937 West Belmont
The Transit Orientated Development (TOD) will have 33 rental apartment units, retail space and NO on-site parking spaces. Chicago Streets Blog has a nice primer on the expanded TOD ordinance passed in 2015.  More photos and plans of the project can be seen here (posted at the 44th Ward Alderman site).  A Stone Creek Coffee sign hangs on the fence and is expected to open spring 2018. Mmmmm images of nature while sipping coffee...

Sales on Belmont

Surprisingly, only one condo is recorded sold on the MLS over the past 12 months from 800 West Belmont to 1200 West Belmont near the new development. The 3 beds, 2 baths condo at 1109 W Belmont Ave Unit 3, Chicago, Illinois 60657 sold for $492,000 in spring earlier this year. No rented units are recorded on the MLS but there are many rental units existing over older retail buildings. A shiny new apartment building will rent well here.