2955 N Spaulding Ave Chicago, IL 60618
Avondale NeighborhoodEstimated payment $9,229/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Pending | -- | -- | -- |
| 09/11/2025 09/11/25 | For Sale | $1,600,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12463238
APN: 13262200020000
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