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$562,000
Est. payment /mo
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12530355
Bedrooms 5
Year Built 1922
Annual Tax Amount $10,083
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Premier Avondale multi-family building for sale in a prime location between the Addison and Belmont stations. This well-maintained 2-flat sits on one of the neighborhood's best blocks and offers endless possibilities including investment or owner-occupied use. Improvements include NEW Boiler, NEW Electrical and NEW plumbing and a fully remodeled top floor unit. The second (2nd) floor unit just underwent MAJOR renovations less than 5 years ago with EVERYTHING NEW! The unit has three (3) bedrooms and one (1) bathroom with exceptional updates currently leasing for $2000 which includes an additional sunroom or den. The spacious first (1st) floor unit features two (2) bedrooms, one (1) full bath, a large living room, separate formal dining room, built in's, closets and an enclosed back porch, but could use updating currently renting below market for $1100, lease is M-T-M. The unfinished basement offers laundry to the tenants and storage to the owner/tenant including the buildings newer mechanicals. Perhaps ideal for future expansion or duplex-down potential. The exterior includes a 2-car detached garage, and a maintained landscaped grassed backyard on a standard Chicago lot. Total building current under market rents sit at $3,100/month, excluding garage parking, currently used by the owner. Conveniently located near Parkview Park, restaurants, shopping, 90/94, Metra, CTA lines, and all that Irving Park, Avondale and Logan Square have to offer. An incredible opportunity for you to become Avondale's next multi-family building owner.
Location
State IL
County Cook
Area Chi - Avondale
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Steam, Radiant
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Reilly Elementary School
Middle Schools Reilly Elementary School
High Schools Schurz High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Kyle Capone of Coldwell Banker