Address
306 N Hamlin Avenue, Chicago, IL
Price
$ 475,000
Property Attributes
  • MLS#11984971
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Garfield Park
  • NeighborhoodGarfield Park
  • Zip60624
  • Style
  • Year Built2008
  • Taxes$ 9049
  • Price$ 475,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Welcome to 306 North Hamlin Avenue, a fantastic multi-family property that offers an incredible investment opportunity in the vibrant East Garfield Park neighborhood. Long-term tenants currently occupy the property, ensuring a stable rental income. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms. With long-term tenants already in place, you can enjoy a steady rental income from day one. Unit 1 received a full remodel in 2021, while Unit 2 was updated in 2022 with Vinyl Flooring. New stove and HVAC system installed in Unit 3 ensuring comfort for its occupants throughout the year. Recent updates have also been made to the building's exterior, with both front and back gates being replaced in 2021. Inside each unit, you'll find separate utilities and in-unit laundry facilities, providing convenience and privacy for all residents. Perfectly situated for easy commuting, this property offers quick access to the CTA Green and Pink Lines, as well as the nearby Eisenhower Expressway (I-290). Don't miss out on this wonderful opportunity to own a well-maintained multi-family property in the rapidly developing East Garfield Park neighborhood. This turnkey investment is sure to meet your needs.

Price History
2/20/2024 Listed $475,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing
Roof Asphalt
Year Built 2008
Township West Chicago
Tax Year 2021
Percent Ownership Fee Simple
County Cook
New Construction No
Property Type Residential Income
Total Rooms 24
Status Active
Directions Lake Street to Hamlin,1st building on N/W corner
City Chicago
High School District 299
MLS Area CHI - West Garfield Park
Waterfront Y/N No
Street Name Hamlin
Tax Annual Amount 9049
Electric Expense 480
Days on Market 7
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement None
Street Suffix Avenue
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Basement None
Bathrooom Double Sink
Full Baths Building 6
Total Number of Units 3

Exterior Features

Water Source Public
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 25X125
Exterior Brick,Limestone

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60624

Price
AVG $470K
$480K
Taxes
AVG $4,526
$9,049
Visits
AVG 235
259
Data Provided by Inside Real Estate®
Year Built
AVG 1915
2008

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