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