Closed

$600,000

3750 Albany Avenue, Chicago, IL 60618
6 Beds2 Baths27 days
3750 Albany Avenue·Chicago, IL 60618
6Bedrooms
2Bathrooms
1898Year Built
About This Home

Explore the potential of 3750 N Albany Ave, a captivating two-unit property in Chicago's vibrant Avondale neighborhood. This building offers an outstanding opportunity for both investors and house hackers. The first-floor unit, operated as a lucrative Airbnb, generates a remarkable $55,000 annually, providing a cash flow of over $4,000 per month-more than double the average rental rate for similar 3-bedroom, 1-bath units in the area. Both units in this property have been exquisitely updated to cater to modern living standards. They feature three well-appointed bedrooms, stylish bathrooms, and kitchens equipped with the latest appliances. In-unit laundry facilities add to the convenience, ensuring a comfortable living experience for tenants. Enhanced energy efficiency is guaranteed with new windows, Ducane furnaces, Rheem Performance water heaters, and Ruud AC units, all under a 10-year warranty, significantly reducing maintenance concerns. For those considering house hacking, the second unit provides a perfect residential solution. Live comfortably in one unit while benefiting from the income generated by the Airbnb-operated first-floor unit. The inclusion of a detached two-car garage, equipped with Level 2 EV chargers, further enhances the appeal for eco-conscious residents and aligns with modern urban living standards. Positioned for convenience, this property is minutes from the Kennedy Expressway and the CTA Blue Line, offering easy access to downtown Chicago and popular local attractions like Wrigley Field and Logan Square. Investing in 3750 N Albany Ave means securing a property with robust cash flow, modern amenities, and a lifestyle of convenience and luxury in one of Chicago's most sought-after neighborhoods. Schedule your visit today and discover why this Avondale gem should be your next investment or home.

MLS# 12088815Listed June 19, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1898
Lot Size25 X 125

Location

CountyCook
TownshipJefferson
Zip Code60618

Financial

List Price$600,000
Annual Taxes (2022)$6,519
Monthly Tax Est.$543
Parcel #13241170240000
Interior Features

Heating

Natural GasForced Air

Basement

Crawl SpacePartial
Exterior & Lot

Construction

Aluminum SidingVinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$6,519
Tax Year 2022
Monthly Tax Est.
$543
per month
Property Location

3750 Albany Avenue, Chicago, IL 60618Cook County

$600,000
3750 Albany Avenue
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
27 days on market
2-car garage
25 X 125
$6,519/yr taxes
$3,697
estimated monthly payment
Principal & Interest
$3,153/mo
Property Tax
$543/mo
$600,000
20% — $120,000
3%50%
6.875%
3%12%
Loan Amount
$480,000
Down Payment
$120,000

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

Listed by
MoHall Commerical & Urban Development
Agent: Moses Hall
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