Closed

$575,000

736 Spaulding Avenue, Chicago, IL 60624
11 days
736 Spaulding Avenue·Chicago, IL 60624
1905Year Built
About This Home

Heavy attention to detail was paid when this classic Chicago greystone was gutted to the bricks and rehabbed. Tremendous floor plans, all featuring in-unit laundry, individual mechanicals and utilities, nice use of light throughout each apartment, and spacious common areas are just some examples of the benefits to an investor-owner buyer. Fully occupied building with great long-term tenants. Tear-off roof 5 years old, complete masonry overhaul 7 years old, and the rest of the gut-rehab project was done 10 years ago. New water service to the street. Convenient central Chicago location is a commuter's dream whether you work downtown or in any of the suburbs, by public transportation, car, or bicycle. 4 blocks to Kedzie Ave Metra stop (UP-W Line), 6 blocks to Kedzie Ave CTA el stop (Green Line). 4 blocks to The Hatchery Chicago, a non-profit food and beverage incubator dedicated to helping local entrepreneurs build & grow successful businesses. Some of Chicago's iconic parks are nearby, including Garfield Park and its famous Conservatory, sprawling and beautiful Humboldt Park, and the famed Chicago Boulevard system linking you to other historic neighborhoods of Chicago. Rentometer Average 2 BR/1BA Rents within 1 Mile Radius are $1,000-$1,150. ProForma NOI is $66,064 (11.5% Cap Rate).

MLS# 11945528Listed December 12, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1905
Lot Size31X125

Location

CountyCook
TownshipWest Chicago
Zip Code60624

Financial

List Price$575,000
Annual Taxes (2022)$5,136
Monthly Tax Est.$428
Parcel #16112050270000
Interior Features
Exterior & Lot

Construction

BrickStone
Tax & Financial
Annual Taxes
$5,136
Tax Year 2022
Monthly Tax Est.
$428
per month
Property Location

736 Spaulding Avenue, Chicago, IL 60624Cook County

$575,000
736 Spaulding Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
11 days on market
31X125
$5,136/yr taxes
$3,450
estimated monthly payment
Principal & Interest
$3,022/mo
Property Tax
$428/mo
$575,000
20% — $115,000
3%50%
6.875%
3%12%
Loan Amount
$460,000
Down Payment
$115,000

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

Listed by
Coldwell Banker Realty
Agent: Matthew Shrake
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