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2423 N Long Avenue

Chicago, IL 60639
  • $835,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 11792452
UPDATED: 58 min ago
$835,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

**Investors dream** 6 unit building in the vibrant Belmont Cragin neighborhood. This amazing property consist of brick 2 flat with a garden apartment and a huge unfinished attic that offers an opportunity for additional living space. The rear building consists of 3 units and a very nice outdoor space with a barbecue area. All units are in good condition with many updates recently done including the second floor front apartment that is getting the hardwood floors refinished and readying for a new tenant. Both buildings had the roof replaced in 2018 and water heaters were replaced in 2020. Rents are low for the area and create an opportunity to increase income. More income and low taxes creates quite an opportunity for a savvy investor looking for an amazing opportunity!

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2423 N Long Avenue Chicago, IL 60639

  • Price: $835,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 58 min ago
  • MLS #: 11792452
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
Chi - Belmont Cragin
County:
Cook
Area:
Chi - Belmont Cragin
Property Description
**Investors dream** 6 unit building in the vibrant Belmont Cragin neighborhood. This amazing property consist of brick 2 flat with a garden apartment and a huge unfinished attic that offers an opportunity for additional living space. The rear building consists of 3 units and a very nice outdoor space with a barbecue area. All units are in good condition with many updates recently done including the second floor front apartment that is getting the hardwood floors refinished and readying for a new tenant. Both buildings had the roof replaced in 2018 and water heaters were replaced in 2020. Rents are low for the area and create an opportunity to increase income. More income and low taxes creates quite an opportunity for a savvy investor looking for an amazing opportunity!
Exterior Features

Exterior Building Type Vinyl SidingBrick Foundation Details Concrete Perimeter Frontage Type City Street Parking Total 0

Interior Features

Basement FinishedNone Cooling None Fireplaces Total 0 Heat Ventilation GasHot WaterRadiatorsWall Unit Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 6 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes None Building Area Total 5000 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit BreakersSeparate Meters Gross Income 73140 Gross Scheduled Income 76740 Insurance Expense 1579 Location Public Transport AvailIn City Limits Maintenance Expense 1200 Mls Actual Status Active Net Operating Income 70420 Operating Expense 6320 Ownership Types Individual Possible Use Multi-Family Tax Annual Amount 5970.46 Tax Year 2021 Tenant Pays Varies By Tenant Total Monthly Income 6095 Township Jefferson Type Multi Family 5+ Utilities Water-Municipal Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Loyalty: 773-772-6969.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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