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2921 N Spaulding Avenue

Chicago, IL 60618
  • $795,000
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • MLS #: 12197565
Under Contract
$795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1897
County:
Area:

School Ratings & Info

Description

Great opportunity to own this Brick 2.5 Stories Legal 6 units Building in Avondale/Logan area. The building includes FOUR 2-Br/1-Bath, One 3-Br/1.5 Bath & ONE 1-Br/1-Bath Apartments. For added convenience, there's a coin laundry facility located in the basement and a 2 car garage. This 6-unit multifamily residence is located in the vibrant neighborhood, offering not only a prime Chicago address but also a great potential source of income. All units can be easily updated for significant rental value increases in a short amount of time. Leases are all month to month. Ideal location close to public transportation, shopping, dining and I90/94. Great site for tear down and new development construction in an area known for its strong rental demand. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this property is a promising choice.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-05T23:59:23.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2921 N Spaulding Avenue Chicago, IL 60618

  • Price: $795,000
  • Status: Active Under Contract
  • On Site: 38 Days
  • MLS #: 12197565
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1897
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Great opportunity to own this Brick 2.5 Stories Legal 6 units Building in Avondale/Logan area. The building includes FOUR 2-Br/1-Bath, One 3-Br/1.5 Bath & ONE 1-Br/1-Bath Apartments. For added convenience, there's a coin laundry facility located in the basement and a 2 car garage. This 6-unit multifamily residence is located in the vibrant neighborhood, offering not only a prime Chicago address but also a great potential source of income. All units can be easily updated for significant rental value increases in a short amount of time. Leases are all month to month. Ideal location close to public transportation, shopping, dining and I90/94. Great site for tear down and new development construction in an area known for its strong rental demand. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this property is a promising choice.
Exterior Features

Exterior Building Type Shingle Siding Foundation Details Concrete Perimeter Frontage Type City Street Roof Composition Roof Structure Pitched

Interior Features

Basement FinishedExterior Access Heat Ventilation Gas Number Of Dishwashers 0 Number Of Dryers 1 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Current Use Multi-Family Electric Circuit Breakers Fire Protection Fire Extinguisher/s Gross Income 98400 Gross Scheduled Income 98400 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Contingent Net Operating Income 0 Operating Expense 0 Ownership Types Individual Tax Annual Amount 10334 Tax Year 2023 Tenant Pays Varies by Tenant Total Monthly Income 8200 Township Jefferson Type Multi Family 5+ Utilities Water-Municipal Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of HomeSmart Connect LLC: 773-985-7700.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-05T23:59:23.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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