1062 W Columbia Avenue, Chicago, IL 60626
Local realty services provided by:ERA Naper Realty
1062 W Columbia Avenue,Chicago, IL 60626
$1,600,000
- 15 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by:sophia klopas
Office:jameson sotheby's int'l realty
MLS#:12432702
Source:MLSNI
Sorry, we are unable to map this address
Price summary
- Price:$1,600,000
About this home
Amazing opportunity to own an oversized 4-unit building on a dead-end street. The building sits on a 37 x 175 lot that is 100 feet from a public beach on Lake Michigan (here the waves crash from the back decks). Just steps off Loyola Campus-easy access to the Metra, L train, and Lake Shore Drive. Lease dates-Garden Mnoth to month @ 2425; unit 1-8/26 @ 3950; unit 2 - 2/28/26 @ 3750; unit 3 - 10/25 @ 3750. 166500 in rent a year. Units can be upgraded-tons of room for the rents to grow. All the units have full kitchens, in-unit laundry, forced heat, and central AC. large bedrooms and a large common family room. Units 1 to 3 have back decks. Parking in the back for up to 8 (tandem parking). All brick building. The owner covers electricity and heat with the rent. (legal 4 units w. all the elcectirc and gas seperate - owner pays them as part of rent) Gas for 2024 was 6915; electric for 24 was 7096; 2024 water was approx. 3k; 24 insurance was 5306- No garbage fees. 126k net after all expenses. The roof was changed in 2024, and all the mechanicals have been updated since 2021. Look at addition tab for info plus cap rate sheet (7.8% true cap rate)
Contact an agent
Home facts
- Year built:1950
- Listing ID #:12432702
- Added:48 day(s) ago
- Updated:September 30, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:8
- Full bathrooms:7
- Half bathrooms:1
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1950
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Tax amount:$18,874 (2023)
New listings near 1062 W Columbia Avenue
- $899,000Pending4 beds 3 baths3,944 sq. ft.
4347 N Richmond Avenue #1N, Chicago, IL 60618
MLS# 12332901Listed by: BAIRD & WARNER - New$649,999Active2 beds 2 baths1,470 sq. ft.
1555 N Astor Street #11SE, Chicago, IL 60610
MLS# 12441509Listed by: COMPASS - New$1,499,900Active3 beds 3 baths2,200 sq. ft.
36 N Carpenter Street #2N, Chicago, IL 60607
MLS# 12474382Listed by: JAMESON SOTHEBY'S INTL REALTY - Open Sat, 12 to 2pmNew$1,499,000Active4 beds 4 baths2,583 sq. ft.
400 E Randolph Street #1119-20, Chicago, IL 60601
MLS# 12475245Listed by: CORCORAN URBAN REAL ESTATE - Open Sun, 12 to 2pmNew$605,000Active2 beds 2 baths1,213 sq. ft.
201 N Westshore Drive #1305, Chicago, IL 60601
MLS# 12476541Listed by: CORCORAN URBAN REAL ESTATE - New$1,499,500Active8 beds 4 baths
4948 N Winchester Avenue, Chicago, IL 60640
MLS# 12478684Listed by: WESTWARD360 RM - New$425,000Active5 beds 3 baths1,592 sq. ft.
4518 N Merrimac Avenue, Chicago, IL 60630
MLS# 12481010Listed by: EXP REALTY - New$330,000Active6 beds 2 baths840 sq. ft.
3750 S Rockwell Street, Chicago, IL 60632
MLS# 12483351Listed by: RE/MAX MI CASA - New$210,000Active2 beds 1 baths1,921 sq. ft.
3908 W Ainslie Street #G, Chicago, IL 60625
MLS# 12483753Listed by: NEW CHAPTER REAL ESTATE - New$1,035,000Active9 beds 6 baths
4634 S Langley Avenue, Chicago, IL 60653
MLS# 12483916Listed by: REALTY OF AMERICA, LLC