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$ 795,000
Est. payment /mo
Active Under Contract
2921 N Spaulding Avenue Chicago, IL 60618
UPDATED:
11/08/2024 03:27 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12197565
Year Built 1897
Annual Tax Amount $10,334
Tax Year 2023
Lot Dimensions 25X125
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
Utilities Available Water-Municipal
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick
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Listed by Frank Brignone • HomeSmart Connect LLC