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$849,000

1824 Hood Avenue, Chicago, IL 60660
7 Beds3 Baths30 days
1824 Hood Avenue·Chicago, IL 60660
7Bedrooms
3Bathrooms
1916Year Built
About This Home

This property has been gut rehabbed and is ready for an owner-user or investor to take over! 1824 W Hood Ave sits on a 40x100ft lot and features all new copper plumbing, brand new electric, new water heaters, individual HVAC, in-unit washer/dryer, updated interior finishes and a brand new garden unit. It is a legal 2-unit, but the garden unit is extremely nice and would be a great place to live. Garden unit is a 2br/1ba, 1st floor is a 2br/1ba, & 2nd floor is a 3br/1ba. Additionally, the property features enough parking spaces for up to 8 cars - perfect for your tenants and definitely something that could be rented out to other people in the neighborhood for additional income. The property will be delivered vacant, but at rent estimates, this property will be operating at over a 7% cap rate. Gross rents at ~$80,000 once fully rented out and with utilities separate, expenses are low! OM available upon request. Come check it out!

MLS# 12300442Listed March 3, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms15

Size & Structure

Year Built1916
Lot Size40X100

Location

CountyCook
TownshipLake View
Zip Code60660

Financial

List Price$849,000
Annual Taxes (2023)$8,017
Monthly Tax Est.$668
Parcel #14062140080000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On Site
Tax & Financial
Annual Taxes
$8,017
Tax Year 2023
Monthly Tax Est.
$668
per month
Property Location

1824 Hood Avenue, Chicago, IL 60660Cook County

$849,000
1824 Hood Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
30 days on market
40X100
$8,017/yr taxes
$5,130
estimated monthly payment
Principal & Interest
$4,462/mo
Property Tax
$668/mo
$849,000
20% — $169,800
3%50%
6.875%
3%12%
Loan Amount
$679,200
Down Payment
$169,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Horvath & Tremblay IL, LLC
Agent: John Preston
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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