Address
3138 N Luna Avenue, Chicago, IL
Price
$ 450,000
Property Attributes
  • MLS#12021951
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Belmont Cragin
  • NeighborhoodBelmont Cragin
  • Zip60641
  • Style
  • Year Built1923
  • Taxes$ 3505
  • Price$ 450,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2321
  • Lot Size0.08 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

2-unit Income Generating property near Belmont & Central offers a 3 car garage and some newer mechanicals. Both units are currently rented month-to-month way below market so there's lots of potential here! Finished basement includes a large common rec room area with additional sleeping space, bathroom, small kitchenette, storage area, and laundry equipment. This is not a separate standalone apartment but would be an ideal private space to host guests or for an multi-generational type living arrangement. Each unit has its own HVAC system with gas/forced air and central air, plus their own water heaters. Tenant pays gas and electric. New Electrical Panels in 2023, one water heater new in 2024, the other 2022, first floor electric oven replaced in 2022, and one of the washing machines new in 2023. Great addition of a new, brick 3-car garage includes a storage loft! Super convenient location near tons of shopping and dining options, CTA lines, local library branch, and several schools.

Price History
4/12/2024 Listed $450,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing
Roof Asphalt
Garage Spaces 3
Year Built 1923
Township Jefferson
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 22800
County Cook
Net Operating Income 16540
Insurance Expense 1554
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 9
Status Contingent
Directions Belmont Ave W of Cicero L on N Luna Ave
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Waterfront Y/N No
Street Name Luna
Tax Annual Amount 3505
Trash Expense 228
Water Sewer Expense 973
Days on Market 7
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 Avenue
Total Bedrooms 4
Room Type Recreation Room
Total Baths 2
Bedrooms Possible 4
Basement Finished
Full Baths Building 2
Total Number of Units 2

Exterior Features

Water Source Lake Michigan
Total Parking 3
Lot Dimensions 30 X 126
Lot Size Acres 0.08
Other Equipment TV-Dish,CO Detectors,Ceiling Fan(s),Multiple Water Heaters
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 60641

Price
AVG $500K
$450K
Taxes
AVG $7,379
$3,505
Visits
AVG 153
151
Data Provided by Inside Real Estate®
Year Built
AVG 1937
1923

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