2723 N Hamlin Avenue new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60647
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12267571
Bedrooms 4
Year Built 1906
Annual Tax Amount $7,364
Tax Year 2023
Lot Dimensions 27 X 125
Property Description
This 7 bedroom, 4 bathroom multi-unit brings in $5,400 a month with long term tenants and room to increase rents. Come see this beautifully updated property in the highly desirable Avondale-Logan Square neighborhood that is perfect for owner-occupiers and investors alike. This legal two-unit property features a 2 bedroom unit on the first floor rented MTM for $1,550 and has in unit laundry. The second floor is rented MTM for $1,350. In addition, it has a non-conforming 2 bedroom garden unit rented for $1,100 and non-conforming top floor 1 bedroom unit rented for $1,400. Market rents for the 2 bedroom units are $1,600-$1,900 with no updates needed. The property has had many updates over the last few years including upgrades to the kitchens, baths, appliances, and mechanicals. Please see info sheet for details and dates of updates. The neighborhood offers one of the city's most exciting and diverse dining scenes, an array of small businesses, great shops, energetic street life and a strong community atmosphere. Located near the vibrant Milwaukee corridor, less than a mile to the CTA Blue Line Logan Square, and easy access to public transportation on Diversey Ave and quick access to Interstate 90/94. Good sized backyard with 2 car garage which is currently vacant and can be easily rented to increase cash flow. Common laundry in the basement. Seller or Listing Agent make no representation on legality of attic and garden units.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Full
Interior
Heating Forced Air,Steam,Sep Heating Systems - 2+,Indv Controls
Fireplace N
Exterior
Exterior Feature Deck
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany