Address
3115 N Davlin Court, Chicago, IL
Price
$ 950,000
Property Attributes
- MLS#12006590
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - Avondale
- NeighborhoodAvondale
- Zip60618
- Style
- Year Built1914
- Taxes$ 5902
- Price$ 950,000
- Bedrooms9
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2880
Data Source:
Midwest Real Estate Data (MRED)
Property Description
ASSUMABLE VA MORTAGE AT 2.75%! VA Mortgages do not have PMI and non-veterans can assume them! Extremely rare opportunity to purchase an updated brick 4 unit on an oversized lot in Avondale with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other three. The building consists of (3) 2 bed 1 bath above grade units, and a 4th non-conforming garden unit with 3 beds 1 bath. Hardly anything to do as all units have many updates! Property has newer silver coat on roof, newer vinyl windows, 2 units with furnaces and central AC, coin laundry, sump pump, mostly copper water lines, 5 storage units, and 2 car garage with newer motor. Unit 2 just finished a gut rehab. Current tenants are month to month and far under market rate. Amazing location that is walking distance to Milwaukee Ave with nearby coffee shops, Restaurants, and Avondale bowl. We may never see 2.75% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption.
| Price History | |
|---|---|
| 3/18/2024 | Listed $950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air,Radiant |
| Possession | Negotiable |
| Roof | Rubber,Flat |
| Garage Spaces | 2 |
| Year Built | 1914 |
| Township | Jefferson |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Gross Income | 49788 |
| County | Cook |
| Net Operating Income | 32235 |
| Insurance Expense | 2580 |
| New Construction | No |
| Property Type | Residential Income |
| Contingency | Attorney/Inspection |
| Total Rooms | 15 |
| Status | Contingent |
| Directions | Belmont just W of Milwaukee to Harding S to Barry E to Davlin Ct and N to property |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Avondale |
| Waterfront Y/N | No |
| Street Name | Davlin |
| Tax Annual Amount | 5902 |
| Electric Expense | 1068 |
| Fuel Expense | 1380 |
| Water Sewer Expense | 1644 |
| Additional Parcels Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=KgakAskw4hE&mls=1 |
| Days on Market | 40 |
| Standard Status | Active Under Contract |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full |
|---|---|
| Street Suffix | Court |
| Total Bedrooms | 9 |
| Total Baths | 4 |
| Bedrooms Possible | 9 |
| Basement | Finished |
| Full Baths Building | 4 |
| Total Number of Units | 3 |
Exterior Features
| Water Source | Lake Michigan |
|---|---|
| Total Parking | 2 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 30X138 |
| Garage Onsite | Yes |
| Garage Type | Detached |
| Garage Ownership | Owned |
| Exterior | Brick |
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 Contingent Average in 60618
Price
Taxes
Visits
Year Built
