Closed

$675,000

2308 Grand Avenue, Chicago, IL 60612
8 Beds4 Baths5 days
2308 Grand Avenue·Chicago, IL 60612
8Bedrooms
4Bathrooms
1890Year Built
About This Home

Introducing a prime investment opportunity with this fully leased front and back brick & frame 4-unit building. Each of the four units boasts 2 bedrooms and 1 bathroom, featuring updated kitchens equipped with stainless steel appliances, newly renovated bathrooms, and durable Formica floors throughout. Each apartment is fitted with in-unit circuit breaker boxes, ensuring convenience and modern electrical standards. Some newer windows enhance energy efficiency, and the property includes a coin-operated laundry facility for added tenant convenience. The building offers revenue from strategically placed sign, providing an additional income stream. Located in a sought-after area, this property offers both immediate returns and long-term appreciation potential. The inclusion of a 2-car garage adds value and convenience for tenants, making it even more attractive. Don't miss out on this exceptional investment opportunity that combines modern amenities, solid construction, and multiple income sources.

MLS# 12076986Listed June 7, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Garage Spaces2
Year Built1890
Lot Size25X125

Location

CountyCook
TownshipWest Chicago
Zip Code60612

Financial

List Price$675,000
Annual Taxes (2022)$11,313
Monthly Tax Est.$943
Parcel #17071180370000
Interior Features

Heating

Natural GasSteamRadiator(s)

Basement

UnfinishedExterior EntryPartialWalk-Out Access
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteDetachedGarage
Tax & Financial
Annual Taxes
$11,313
Tax Year 2022
Monthly Tax Est.
$943
per month
Property Location

2308 Grand Avenue, Chicago, IL 60612Cook County

$675,000
2308 Grand Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
2-car garage
25X125
$11,313/yr taxes
$4,490
estimated monthly payment
Principal & Interest
$3,547/mo
Property Tax
$943/mo
$675,000
20% — $135,000
3%50%
6.875%
3%12%
Loan Amount
$540,000
Down Payment
$135,000

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

Listed by
Berkshire Hathaway HomeServices Chicago
Agent: Arden Fowler
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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