Closed

$900,000

3649 Marshfield Avenue, Chicago, IL 60613
6 Beds5 Baths24 days
3649 Marshfield Avenue·Chicago, IL 60613
6Bedrooms
5Bathrooms
1910Year Built
About This Home

Outstanding investment or live-in investor opportunity awaits in unbeatable Southport Corridor/Lakeview location! Over 7.3% cap rate! This is a perfect alternative to a single-family home, choose your renter, and live mortgage free with all the luxuries of single-family home living! With over a 7.3% cap rate, this 3-story 2- flat on a quiet, tree-lined street is comprised of two huge duplexes, a 3 bed/3 bath duplex up, and a 3 bed/2 bath duplex down that are fully move-in ready and always easy to rent! Each unit features open living and dining with hardwood floors, in-unit laundry, granite counters, newer stainless steel appliances, central heat/air, large private decks for grilling and entertaining, as well as a shared yard and 2 car garage! Both units were recently painted and have brand new carpeting. Building currently generates great rents, but still offers many value-add opportunities with minimal cosmetic updates. Perfect for the investor looking for an instant income producer, single-family alternative, or a live-in owner who can have tenants pay your mortgage! Walk to all of the shops, dining, nightlife, as well as public transportation that Southport Corridor has to offer including Crosby's Kitchen, Coda di Volpe, Tuco and Blondie, Amazon Books, Athleta, SEPHORA, as well as the Southport or Paulina brown line and Jewel Osco. This is exactly the opportunity you've been waiting for! Priced to sell! Current duplex down was rented for $3000. Other unit was previously rented for $3400.

MLS# 11627147Listed September 12, 2022Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms5
Total Rooms21

Size & Structure

Garage Spaces2
Year Built1910
Lot Size25X125

Location

CountyCook
TownshipLake View
Zip Code60613

Financial

List Price$900,000
Annual Taxes (2020)$11,590
Monthly Tax Est.$966
Parcel #14192320030000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedRec/Family AreaSleeping AreaStorage SpaceWalk-Out Access
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Patio & Porch

DeckPatioPorch
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Hamilton Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$11,590
Tax Year 2020
Monthly Tax Est.
$966
per month
Property Location

3649 Marshfield Avenue, Chicago, IL 60613Cook County

$900,000
3649 Marshfield Avenue
6 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
2-car garage
25X125
$11,590/yr taxes
$5,696
estimated monthly payment
Principal & Interest
$4,730/mo
Property Tax
$966/mo
$900,000
20% — $180,000
3%50%
6.875%
3%12%
Loan Amount
$720,000
Down Payment
$180,000

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

Listed by
Compass
Agent: Hayley Westhoff
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