2955 N Gresham Ave Chicago, IL 60618
Avondale NeighborhoodEstimated payment $4,813/month
About This Home
Logan Square / Avondale turnkey two-flat in a prime location. This well-maintained property features updated granite kitchens with stainless steel appliances, custom tile work, hardwood floors, 2017 renovations included plumbing, electrical, HVAC, and windows. The first-floor unit is a spacious 2 bed / 1 bath, recently renewed at $2,000/month with a lease secured through 5/31/2027, providing immediate stable income. The second-floor unit is an expansive 4 bed / 2 bath duplex-up with a large, versatile flex space, currently rented at $2,500/month with lease expiring 6/15/2026, offering future upside potential. Tenants pay their own electric, gas, and heat, minimizing owner expenses. The property also includes a generous backyard and a large garage. Ideal for investors or owner-occupants alike, this property is just a short walk to public transportation, including the Blue Line, and steps from the vibrant Milwaukee Avenue corridor with its restaurants, shops, and nightlife.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,301
Year Built
- Built in 1887 | Remodeled in 2015
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Crawl Space
- Lot Dimensions are 25 x 125
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Gross Income $44,400
- Net Operating Income $34,253
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,806 | $61,000 | $13,594 | $47,406 |
| 2024 | $10,806 | $61,000 | $13,594 | $47,406 |
| 2023 | $10,532 | $51,001 | $10,938 | $40,063 |
| 2022 | $10,532 | $51,001 | $10,938 | $40,063 |
| 2021 | $10,296 | $51,002 | $10,940 | $40,062 |
| 2020 | $9,654 | $46,256 | $5,000 | $41,256 |
| 2019 | $9,794 | $51,974 | $5,000 | $46,974 |
| 2018 | $9,594 | $51,974 | $5,000 | $46,974 |
| 2017 | $8,508 | $42,878 | $4,375 | $38,503 |
| 2016 | $8,593 | $42,878 | $4,375 | $38,503 |
| 2015 | $7,862 | $42,878 | $4,375 | $38,503 |
| 2014 | $2,840 | $17,866 | $3,750 | $14,116 |
| 2013 | $2,773 | $17,866 | $3,750 | $14,116 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2026 05/05/26 | Pending | -- | -- | -- | |
| 04/25/2026 04/25/26 | For Sale | $700,000 | +337.5% | -- | |
| 01/17/2014 01/17/14 | Sold | $160,000 | -13.5% | -- | View Prior Sale |
| 12/18/2013 12/18/13 | Pending | -- | -- | -- | |
| 12/04/2013 12/04/13 | For Sale | $184,900 | 0.0% | -- | |
| 11/21/2013 11/21/13 | Pending | -- | -- | -- | |
| 10/29/2013 10/29/13 | For Sale | $184,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Insurance Comp | |
| Special Warranty Deed | -- | Premier Title | |
| Sheriffs Deed | -- | Premier Title | |
| Corporate Deed | $305,000 | None Available | |
| Legal Action Court Order | -- | Attorneys Title Guaranty Fun | |
| Warranty Deed | $386,500 | Chicago Title Insurance Comp | |
| Warranty Deed | $290,000 | Multiple |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $289,750 | Purchase Money Mortgage | |
| Previous Owner | $309,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $275,500 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12627555
APN: 13-26-215-034-0000
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Ask me questions while you tour the home.