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Serene Realty, Inc

info@serenerealtyinc.com +1(312) 650-7940

$ 699,000

Est. payment | -/mo

4 Beds

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$ 699,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

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

Listed by Brianna Zdravkovic • Second City Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

2723 N Hamlin Avenue Chicago, IL 60647

Serene Realty, Inc

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2723 N Hamlin Avenue