$1,600,000

2955 N Spaulding Ave Chicago, IL 60618

Avondale Neighborhood

Estimated payment $9,363/month

Total Views 563
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Avondale 7-Unit. This well-maintained property offers a diverse mix of apartments, including a spacious four-bedroom duplex-up, three two-bed/one-bath units, two one-bed/one-bath units, and a garden apartment that also leases the attached coach house. Together, they provide over 7,000 sq. ft. of rentable space across a 3&1/2-story all-brick front building and a single-story all-brick coach house. Each unit features refinished hardwood floors, updated kitchens and baths, and individual gas heat and hot water tanks. Four units enjoy private in-unit laundry, while additional common laundry is available in the basement. The property has benefited from significant recent capital improvements, including a new sewer connection (2022), gutters (2021), basement sump pump and flood prevention system (2020), and new basement windows (2020). Ideally located just two blocks from the Blue Line and steps from the heart of Logan Square's dining and entertainment scene, this property consistently attracts tenants. A strong cash-flowing investment in one of Chicago's most in-demand neighborhoods.

Listing Agent

Steven Powers

Century 21 S.G.R., Inc. License #475146920 Listed on: 09/11/2025

Century 21 S.G.R., Inc.

Co-Listing Agent

Daniel Brandner

Century 21 S.G.R., Inc. License #475176760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,050

Year Built

  • Built in 1886

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 200+ Amp Service

Additional Features

  • 3-Story Property
  • Lot Dimensions are 24 x 123

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $867
  • Insurance Expense $2,246
  • Maintenance Expense $1,670
  • Trash Expense $342
  • Water Sewer Expense $1,541
  • Operating Expense $20,038
  • Gross Income $144,300
  • Net Operating Income $124,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,050

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1886
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Possible Use: Multi-Family
  • Fireplaces: 3
  • Dishwashers: 7
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 3
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone
  • Frontage Type: City Street
  • List Price: 1600000

Utilities

  • Cooling: None
  • Electric: Service - 201 to 600 Amps
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas,Hot Water,Separate Per Unit

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 342
  • Water Sewer Expenses: 1541
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24 X 123
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 124262
  • Insurance Expense: 2246
  • ElectricExpense: 867
  • GrossIncome: 144300
  • Maintenance Expense: 1670
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 20038
  • Expense Year: 2024
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10050
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $1,600,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12463238

Midwest Real Estate Data (MRED)

APN: 13262200020000