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3434 W Schubert Avenue

Chicago, IL 60647
  • $1,245,000
  • STATUS: Pending
  • ON SITE: 196 Days
  • MLS #: 11905836
Pending
UPDATED: 171 min ago
$1,245,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1913
County:

School Ratings & Info

Description

Great opportunity with tons of potential...3-flat plus coach house on 35' lot in the heart of Logan Square. 5 apartments total: three in classic brick three flat with wonderful curb appeal, and two in rear coach house. In the front building are two 3BR/1BA simplex units and a 3BR/2BA duplex. Two 1BR apartments in the coach house. All apartments have hardwood floors, decks, and separate utilities, heat, and A/C. Common laundry on site. Attractive apartments are in great shape and easily rentable. Current rents are well under-market, and there is huge potential to raise rents further with easy updates to kitchens and baths. Existing pad for two tandem parking spots could generate more income (currently not used). Amazing location for tenants: pretty tree-lined street, 2 blocks to Milwaukee Ave shops and restaurants, 3 blocks to Blue Line, and Unity Park is at the end of the block. A rare find in this red hot neighborhood.

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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 2024-04-24T19:01:36.61 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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3434 W Schubert Avenue Chicago, IL 60647

  • Price: $1,245,000
  • Status: Pending
  • On Site: 196 Days
  • Updated: 171 min ago
  • MLS #: 11905836
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
Chi - Logan Square
County:
Cook
Area:
Chi - Logan Square
Property Description
Great opportunity with tons of potential...3-flat plus coach house on 35' lot in the heart of Logan Square. 5 apartments total: three in classic brick three flat with wonderful curb appeal, and two in rear coach house. In the front building are two 3BR/1BA simplex units and a 3BR/2BA duplex. Two 1BR apartments in the coach house. All apartments have hardwood floors, decks, and separate utilities, heat, and A/C. Common laundry on site. Attractive apartments are in great shape and easily rentable. Current rents are well under-market, and there is huge potential to raise rents further with easy updates to kitchens and baths. Existing pad for two tandem parking spots could generate more income (currently not used). Amazing location for tenants: pretty tree-lined street, 2 blocks to Milwaukee Ave shops and restaurants, 3 blocks to Blue Line, and Unity Park is at the end of the block. A rare find in this red hot neighborhood.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Land Amenities Curbs and GuttersSidewalks Outdoor Parking 1-5 Spaces Roof Rubber

Interior Features

Basement Partially Finished Cooling Central Individual Fireplaces Total 0 Heat Ventilation Forced AirGasSeparate Per Unit Miscellaneous Inside Laundry Room Number Of Dishwashers 5 Number Of Dryers 2 Number Of Ranges 5 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Gross Income 101400 Gross Scheduled Income 101950 Insurance Expense 4434 Maintenance Expense 5638 Mls Actual Status Pending Net Operating Income 65629 Operating Expense 35771 Ownership Types Individual Tax Annual Amount 18093 Tax Year 2022 Tenant Pays ElectricityHeatHot Water Total Monthly Income 8450 Township Jefferson Type Multi Family 5+

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 773-631-8300.


© 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 2024-04-24T19:01:36.61 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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