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0 Beds

$850,000

2921 N Spaulding Avenue, Chicago IL, 60618

Built in1897
Property typeMulti-family
Bought with David Jenkins with ARNI Realty Incorporated and Listed by Frank Brignone with HomeSmart Connect LLC 708-296-2246

Overview

Sold

Closed

Listed Oct 28, 2024

Updated May 29

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.

Other Property Details

Taxes
$10,334
Tax Frequency
Annually
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Bought with David Jenkins with ARNI Realty Incorporated and Listed by Frank Brignone with HomeSmart Connect LLC 708-296-2246

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Jason Obeirne are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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