$3,167,500
$3,250,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
10,200 SqFt
SOLD DATE : 02/08/2023
Key Details
Sold Price $3,167,500
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $310
MLS Listing ID 11391500
Sold Date 02/08/23
Maintenance Fees $12,100
Year Built 2019
Annual Tax Amount $41,386
Tax Year 2020
Lot Dimensions 50X120
Property Sub-Type Multi Family 5+
Property Description
This proportion is a unique newer construction property in the heart of "up-and-coming" Avondale. This 2018/2019 property boasts 6 beautiful large units with 6 parking spots. There are 2x 3-bedroom 2-bath duplex up with private balconies on the rooftop and balcony off the bedroom, 2x 3-bedroom 2-bath units on the second floor with private balconies off the back, and 2x 4-Bedroom 3-bath duplex down with balconies off the back as well as extra storage. Each unit consists of 12-foot ceilings, condo-quality finishes at every level, attention to detail for maximizing storage space, private balconies, larger than average bedroom sizes, and open floor plans, everything tenants are looking for in new construction units. Units rent quickly and show extremely well. There are 4 garage parking spots with 2 private pads in the back. 4 of the 6 will expire in late 2023. Tenants are a 3-minute drive from I-90 with easy access North & South. They are one block away from Elston to head to and from the city. Street parking is free on side streets. Avondale is known for having that suburban feel but still being in the city. This is a great opportunity to own a larger-sized property and perfect for a new investor, out-of-state 1031 exchange buyer, or suburban investor breaking into the city.
Location
State IL
County Cook
Area Chi - Avondale
Interior
Cooling Central Air
Fireplaces Number 6
Fireplace Y
Building
Level or Stories 3
Structure Type Block
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Bought with Teresa Sabramowicz • Sab-Net Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "