3257 N Hamlin Avenue

Chicago,IL 60618

$ 1020000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12174461

Year Built 1917

Annual Tax Amount $13,713

Tax Year 2023

Lot Dimensions 30 X 125

Property Description

SITUATED IN THE VIBRANT AND DESIRABLE AVONDALE NEIGHBORHOOD, THIS WELL-MAINTAINED CORNER RED BRICK BUILDING FEATURES SIX (6) SPACIOUS 2BEDROOM/1BATHROOM UNITS. FOUR OF THE SIX UNITS HAVE PRIVATE BALCONIES, THIS PROPERTY OFFERS EXCELLENT AMENITIES, INCLUDING OVERSIZED STORAGE UNITS AND AN ON-SITE, BUILDING-OWNED LAUNDRY FACILITY FOR TENANT CONVENIENCE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE THE RESIDENTS ARE RESPONSIBLE FOR THEIR COOKING GAS AND ELECTRIC UTILITIES. THIS PROPERTY IS IDEALLY POSITIONED TO GENERATE CONSISTENT RENTAL INCOME AND OFFERS STRONG POTENTIAL FOR FUTURE APPRECIATION IN A SOUGHT-AFTER NEIGHBORHOOD. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: -(4) PRIVATE BALCONIES -OVERSIZED RESIDENT STORAGE UNITS -BUILDING-OWNED LAUNDRY FACILITY

Location

State IL

County Cook

Interior

Fireplace N

Exterior

View Y/N true

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