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$ 1,020,000
Est. payment /mo
Active Under Contract
3257 N Hamlin Avenue Chicago, IL 60618
UPDATED:
10/26/2024 07:08 PM
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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Listed by Jamison Klassman • Revive Real Estate LLC