Closed

$285,000

214 Kolin Avenue, Chicago, IL 60624
7 Beds3 Baths38 days
214 Kolin Avenue·Chicago, IL 60624
7Bedrooms
3Bathrooms
1885Year Built
About This Home

Discover an unparalleled investment opportunity with this exceptional three-unit building in Chicago's thriving West Garfield Park neighborhood. Perfectly suited for house hacking, this property offers the rare chance to live in one unit while collecting rent from your first day of ownership, offsetting your mortgage, creating an income stream and building equity effortlessly. The building features three separate units, each with unique layouts and generous living spaces, appealing to a wide range of tenants. Significant updates have been made, including newer HVAC, kitchen appliances, refreshed bathrooms, new underground and basement plumbing and significant roof repairs. These enhancements not only increase rental appeal but also reduce immediate maintenance concerns. All units have separate gas and electric meters. This is a solid building on a brick/stone foundation. Ideal for the live in owner. 48 hour notice required due to tenants. Lot next door can be purchased from the City of Chicago's Adjacent Land Acquisition. Broker-owned interest.

MLS# 12007096Listed July 31, 2024Residential IncomeA-Frame
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms16

Size & Structure

Year Built1885
Lot Size0.070 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60624

Financial

List Price$285,000
Annual Taxes (2023)$1,587
Monthly Tax Est.$132
Parcel #16104120190000
Interior Features

Heating

Natural GasElectric

Basement

FinishedFull
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Off StreetOn SiteOwned
Tax & Financial
Annual Taxes
$1,587
Tax Year 2023
Monthly Tax Est.
$132
per month
Property Location

214 Kolin Avenue, Chicago, IL 60624Cook County

$285,000
214 Kolin Avenue
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
38 days on market
0.070 acres
$1,587/yr taxes
$1,630
estimated monthly payment
Principal & Interest
$1,498/mo
Property Tax
$132/mo
$285,000
20% — $57,000
3%50%
6.875%
3%12%
Loan Amount
$228,000
Down Payment
$57,000

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

Listed by
Kale Realty
Agent: Amir Abed
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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