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$1,450,000
2155 North Spaulding Avenue
Chicago, IL 60647
12 Beds
3 Car Garage
Multi-Family


Status:Active
Perfect opportunity for an investor or an owner who would like to live on a gorgeous tree-lined street, steps away from palmer square in a beautiful, classic chicago, ~1,950sf living space, and to collect rents from three other large beautiful units. Each unit has three-bedrooms, two-bathrooms, separate (large) living rooms, dining rooms, and kitchens, and sun rooms. 2155 n spaulding has been beautifully maintained, with the garden & first floor units rehabbed. There is a charming front yard, common area patio space, and a three car garage. There is upside opportunity to increase income easily with currently below market rents. Greater upside could be achieved in this booming location with a zoning change and converting the property to 6-8 units. For reference, 2bd/2ba units at about 950sf in the area rent for $2,000-$2,200/mo, suggesting an upside possibility of $211,200 in annual gross rents!
Basics
Property Type:   Multi-Family
Bedrooms:   12
Garages:   3
Year Built:   1924
Neighborhood:   CHI - Logan Square
MLS#:   10545532
     
Home Features
Basement
Dishwasher
3 Car Garage
Gas Heating
Schools
Dist: 299
   
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Listing Agent: Ryan Wewerka    Listing Broker: Chicago Real Estate Resources    Agent Phone: 7733279300    Broker Phone: 7733279300   

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