ClosedPrice Reduced

$249,000

$279,000
2538-2540 Spaulding Avenue, Chicago, IL 60623
8 Beds4 Baths26 days
2538-2540 Spaulding Avenue·Chicago, IL 60623
8Bedrooms
4Bathrooms
1900Year Built
About This Home

Investor's Dream in the Heart of Little Village! Welcome to an exceptional opportunity for investors looking to make a mark in the thriving Little Village neighborhood! 4-unit in need of total rehab with newer garage and extra adjacent lot with another garage for a total of 2 garages providing versatility and added value. The strategic location and multiple units make this property an ideal candidate for rental income. Take advantage of the rental market in Little Village and maximize your returns. Situated in the heart of Little Village, this property is conveniently located near shopping centers and transportation and all that La Villita has to offer. Don't miss out on this chance to be part of one of Chicago's most vibrant neighborhoods. An investor's delight awaiting transformation! This is a golden opportunity for cash buyers who understand the potential of a well-executed rehab project. The property is offered Cash Only and As Is.

MLS# 11968710Listed January 26, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms16

Size & Structure

Garage Spaces4
Year Built1900
Lot Size6125

Location

CountyCook
TownshipLake
Zip Code60623

Financial

List Price$249,000
Original Price$279,000
Annual Taxes (2021)$4,646
Monthly Tax Est.$387
Parcel #16262290370000
Interior Features

Heating

Natural Gas

Basement

None
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerGarageOn SiteGarage OwnedDetached
Tax & Financial
Annual Taxes
$4,646
Tax Year 2021
Monthly Tax Est.
$387
per month
Price Reduced by $30,000
Original list price: $279,000
Property Location

2538-2540 Spaulding Avenue, Chicago, IL 60623Cook County

$249,000
2538-2540 Spaulding Avenue
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
26 days on market
4-car garage
6125
$4,646/yr taxes
Price reduced $30,000
$1,696
estimated monthly payment
Principal & Interest
$1,309/mo
Property Tax
$387/mo
$249,000
20% — $49,800
3%50%
6.875%
3%12%
Loan Amount
$199,200
Down Payment
$49,800

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

Listed by
Re/Max Properties
Agent: Peter Hernandez
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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