34
See all 34 photos
$1,019,990
Est. payment /mo
9 Beds
6,098 Sqft Lot
Active Under Contract
3438 N Hamlin Avenue Chicago, IL 60618
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12443754
Bedrooms 9
Annual Tax Amount $15,361
Tax Year 2023
Lot Size 6,098 Sqft
Lot Dimensions 50X125
Property Sub-Type Two to Four Units
Property Description
AVONDALE 4-FLAT: Huge brick four-unit (nine-bedroom) building located on a 50 x 125 lot WITH AN ASSUMABLE FHA MORTGAGE BELOW 3. Features new roof, newer windows, updated bathrooms, rehabbed kitchens and baths, and updated electric. New HVAC system installed in 2022. Part of a $130K renovation. Each unit includes a living room, formal dining room, and eat-in kitchen with hardwood floors throughout. Three units are currently leased at below-market rents, and one unit is unoccupied and ready for an owner-occupant or new tenant. The property also offers an assumable mortgage at very low rate, providing a unique financing opportunity. The large basement includes individual storage areas for each unit and offers potential for future expansion, along with a larger storage unit currently rented for $395/month. Enclosed exterior staircases add convenience and security.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Patrick Clarke
Broker | License ID: 471.007683