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118 Chicago Street, Dewey Beach, DE 19971
$1,865,000
118 Chicago Street, Dewey Beach, DE 19971View this property at 118 Chicago Street, Dewey Beach, DE 19971
118 Chicago StreetDewey BeachDE19971
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Property Description
Discover your dream beach home in this 5-bedroom, 3.5-bathroom home in the exclusive Rehoboth-by-the-Sea neighborhood at the north end of Dewey Beach. Fully renovated in 2020, enjoy new construction upgrades and fixtures throughout. The home offers a private, heated, in-ground pool, a fully fenced backyard, and driveway parking for 4-5 cars. Located in the second block from the beach, the home is appx 150 yards from the dune entrance, and is an easy stroll to in-town Dewey and the Rehoboth boardwalk. With demonstrated rental income over $120,000 annually, this versatile property is ideal as a second home, a lucrative seasonal rental, or a year-round residence. Whether you're seeking a private getaway or an investment opportunity, the "Chicago Bungalow" presents a unique blend of charm, luxury, and practicality.
Full Property Details
Full Property Details for 118 Chicago St
General
- Sold For: $1,865,000
- Taxes: $493 (2023)
- Status: Closed
- Type: Single Family
- MLS ID: DESU2056128
- Added to Site: 112 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 4
- Bedrooms Main & Up: 1
Parking
- Parking Type: Driveway
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Development Name: Rehoboth By The Sea
- Subdivision: Rehoboth By The Sea
- Building Name: NONE AVAILABLE
- Driving Directions: Please call listing agent if you have any questions.
- City Limits: Yes
School Information
- School District: Cape Henlopen
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer, Public Septic
- Water: Public
Structural Information
- Architectural Info: Coastal, Cottage
- Architectural Style: Coastal, Cottage
- Structure Type: Detached
- Construction: Stick Built
- Foundation: Crawl Space
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 2,500
- Sq. Ft. Source: Estimated
- Living Area: 2,500 Sq. Ft.
- Year Built: 1960
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Estimated
- Lot Dimensions: 50.00 x 100.00
- Zoning: RESIDENTIAL
Water Features
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $746
- Land Lease Fee: $5,098
- Land Lease Fee Freq: Quarterly
- Assessment Year: 2023
- School Tax: $448
- City/TownTax Freq: Annually
- County Tax: $45
- County Tax Freq: Annually
- Tax Amount: $493
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Land Lease
- Exclusions: Seller list provided with offer
- Inclusions: Seller list provided with offer
- Lot Number: 18
Listed by Rehoboth Bay Realty, Co., John E Redefer IV
Sold by Jack Lingo - Rehoboth, MICHAEL RODRIGUEZ
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Schools
Schools serving 118 Chicago St
School District:Cape Henlopen School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 Stockley St, Rehoboth Bch, DE 19971 | PK-5 | 0.9 mi | |
16391 Harbeson Rd, Milton, DE 19968 | 5-8 | 13.5 mi | |
1250 Kings Hwy, Lewes, DE 19958 | 9-12 | 5.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Chicago St
Date
Details
Price
Change
Source
3/28/2024
Sold
$1,865,000
—
MLS
2/16/2024
Listed
$1,865,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 Chicago Street, Dewey Beach, DE 19971 (MLS# DESU2056128) is a Single Family property that was sold at $1,865,000 on March 28, 2024. Want to learn more about 118 Chicago Street? Do you have questions about finding other Single Family real estate for sale in Dewey Beach? You can browse all Dewey Beach real estate or contact a Coldwell Banker agent to request more information.