NOT LISTED FOR SALE

2959 N Hamlin Ave Chicago, IL 60618

Avondale Neighborhood
14 Beds
8 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $1,260,000

106 Days on Market

About This Home

As of October 2020

Large 3-story multi-family building with six legal residential units (good unit mix of two 3BD/2BA four 2BD/1BA) with parking. Dream opportunity for investors as the building was finished new in 2018 with brand new foundation work, concrete poured, interior framing, mechanicals, roof and siding. Located in a cozy residential district off of Milwaukee Ave in Chicago's Avondale neighborhood - walking distance to Logan Square theater and and nightlife. Easy access to CTA Belmont Blue Line, multiple CTA Bus routes, and I-90/94 interstate access.

Last Agent to Sell the Property

Patrick Stich

Volta Investments LLC License #475184179 Listed on: 06/11/2020

Last Buyer's Agent

Zachary Rudzki

Kale Realty License #475185415

Property Details

Home Type

  • Multi-Family

Year Built

  • 2016

Lot Details

  • 5,663

Utilities

  • Central Air

Community Details

  • Insurance Expense $5,283

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Zoning Type: MULTI
  • Estimated Age: 1-6 Years
  • Net Oper Income: 95375
  • Total Annual Exp: 30046
  • Total Annual Income: 129300
  • Total Monthly Income: 10775
  • Leased Washer Dryer: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 2016

Exterior Features

  • Acreage: 0.13
  • Construction: Wood Frame

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Separate Meters

Lot Info

  • Lot Dimensions: 5712
  • Lot Sq Ft: 5712
  • Parcel Identification Number: 13261150260000

Rental Info

  • Gross Rental Income: 129300
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Gross Rent Multiplier: 10
  • Insurance Expense: 5283
  • Other Expenses: 6299
  • Number Of Dishwashers: 6

Tax Info

  • Taxes: 18464

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $1,260,000 0.0% --
09/30/2020 09/30/20 Off Market $1,260,000 -- --
09/25/2020 09/25/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,299,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patrick Stich

    Volta Investments LLC

    (312) 868-0600

    13 Total Sales

    Patrick Stich
    Section Image

  • Z

    Buyer's Agent in 2020

    Zachary Rudzki

    Kale Realty

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10743708

Midwest Real Estate Data (MRED)

APN: 13261150260000

Illinois Cook County Chicago 60618 Avondale

2959 N Hamlin Ave, Chicago, IL

This home is located at 2959 N Hamlin Ave, Chicago, IL 60618 since 11 June 2020. This property was built in 2016. 2959 N Hamlin Ave is a home located in Cook County with nearby schools including Garcia Lorca Elementary School, Schurz High School, and Aspira Business & Finance High School.

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