Closed

$700,000

346 31st Street, Chicago, IL 60616
8 Beds3 Baths4 days
346 31st Street·Chicago, IL 60616
8Bedrooms
3Bathrooms
1984Year Built
About This Home

Fantastic Value-Add Investment 2-Flat Multi-unit Property with an in-law garden unit arrangement in Amour Square / Bridgeport! Each unit has 3 bedrooms and 1 bath with approximately 1,050 square feet. Full finished basement has a 2 bedroom and 1 bath in-law apartment and utility room with shared laundry washer and dryer. Each apartment has separate utilities, central heat in all units, central air conditioning on floors 1 and 2. The 2.5 car garage allows for extra storage. Easy access to public transit, highway, White Sox stadium, Bridgeport restaurants, Arts District, grocery stores, Chinatown, downtown Loop and the lakefront. Below market rents for family occupied and long term tenants with all Leases ending June 30. Live in one unit and rent the others and maximize cash flow with market rate rents. AS-IS SALE. Don't miss this opportunity to start your nest egg or add to your multiunit portfolio!

MLS# 12068369Listed June 6, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms16

Size & Structure

Garage Spaces2
Year Built1984
Lot Size25 X 110

Location

CountyCook
TownshipSouth Chicago
Zip Code60616

Financial

List Price$700,000
Annual Taxes (2022)$11,313
Monthly Tax Est.$943
Parcel #17284330140000
Interior Features

Heating

Natural GasElectric

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Schools
Elementary
James Ward Elementary School
District: 299
High School
Phillips Academy High School
District: 299
Tax & Financial
Annual Taxes
$11,313
Tax Year 2022
Monthly Tax Est.
$943
per month
Property Location

346 31st Street, Chicago, IL 60616Cook County

$700,000
346 31st Street
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
25 X 110
$11,313/yr taxes
$4,622
estimated monthly payment
Principal & Interest
$3,679/mo
Property Tax
$943/mo
$700,000
20% — $140,000
3%50%
6.875%
3%12%
Loan Amount
$560,000
Down Payment
$140,000

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

Listed by
Compass
Agent: Jovanka Novakovic
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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