Closed

$625,000

2928 MANGO Avenue, Chicago, IL 60634
6 Beds3 Baths47 days
2928 MANGO Avenue·Chicago, IL 60634
6Bedrooms
3Bathrooms
1929Year Built
About This Home

**Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago** Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: - **Large, Well-Maintained Traditional Chicago Yellow Brick Building:** Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. - **Spacious Units with Elegant Features:** Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. - **Modern Kitchens and Bathrooms:** Both units offer large eat-in kitchens with plenty of cabin ets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. - **Comfortable Living Spaces:** The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. - **Income-Generating Garage and Impressive Financials:** The two-car garage is currently leased for extra rental income, and with an Operating Income (NOI) of 58,000 per year, this property promises strong returns on investment. - **Fully Finished Basement:** Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. - **Recent Upgrades:** The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. - **Prime Location:** Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.

MLS# 12208136Listed November 11, 2024Residential IncomeTraditional
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms17

Size & Structure

Garage Spaces2
Year Built1929
Lot Size25 X 125

Location

CountyCook
TownshipJefferson
Zip Code60634

Financial

List Price$625,000
Annual Taxes (2023)$6,129
Monthly Tax Est.$511
Parcel #13292200260000
Interior Features

Heating

Radiator(s)

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$6,129
Tax Year 2023
Monthly Tax Est.
$511
per month
Property Location

2928 MANGO Avenue, Chicago, IL 60634Cook County

$625,000
2928 MANGO Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
47 days on market
2-car garage
25 X 125
$6,129/yr taxes
$3,795
estimated monthly payment
Principal & Interest
$3,285/mo
Property Tax
$511/mo
$625,000
20% — $125,000
3%50%
6.875%
3%12%
Loan Amount
$500,000
Down Payment
$125,000

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

Listed by
Space Finder Inc
Agent: Carlos Alers
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