2921 N Spaulding AVE

Chicago,IL 60618

$ 795000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

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

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

Area Chi - Avondale

Zoning MULTI

Exterior

Utilities Available Water-Municipal

Roof Type Composition

Building

Dwelling Type Multi Family 5+

Structure Type Brick

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