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Michael Vrielink

mvrielink@chicagorea.com +1(312) 970-9476

$ 1,490,000

Est. payment | -/mo

9 Beds

8 Baths

Save

$ 1,490,000

Est. payment | -/mo

Save

9 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12601792

Bedrooms 9

Annual Tax Amount $16,133

Tax Year 2024

Lot Dimensions 37x125

Property Sub-Type Two to Four Units

Property Description

Rare opportunity in the heart of Avondale! This legal 4-unit building sits on an oversized lot and features a 4-car garage, offering a rare combination of space, flexibility, and long-term value. Fully gut rehabbed in 2015, the property includes three duplex units, one simplex, and a finished basement, with separate utilities throughout. This is a well-maintained, no smoking, no pet building with pride of ownership evident from top to bottom. Current rents are below market, presenting a clear value-add opportunity for investors looking to increase cash flow, or an ideal setup for an owner-occupant looking to live in one unit while generating income from the others. Located in one of Chicago's most desirable northwest side neighborhoods, Avondale offers excellent connectivity. Just minutes to the CTA Blue Line at Belmont/Kimball with direct access to downtown, O'Hare and quick access to the Kennedy Expressway for an easy commute. The area is also served by major bus routes along Belmont, Diversey, Milwaukee, and Kimball. Enjoy nearby restaurants, cafes, breweries, and nightlife along Milwaukee Avenue, plus the strong community feel that continues to make Avondale one of Chicago's hottest neighborhoods.

Location

State IL

County Cook

Area Chi - Avondale

Rooms

Basement Finished, Partial

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Lourdes Hernandez of Coldwell Banker Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642-1219, USA

3648 W George ST Chicago, IL 60618