NOT LISTED FOR SALE

3148 N Christiana Ave Chicago, IL 60618

Avondale Neighborhood
7 Beds
3 Baths
-- Sq Ft
1901 Built

Last Sold February 16, 2022

Last sale price $710,000

30 Days on Market

Highlights

  • Fenced Yard
  • 1-minute walk to Belmont Station (Blue Line)
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of February 2022

Great multi-family investment or redevelopment opportunity in Avondale on a double lot. There is a three unit, turn-key multifamily building on one lot, and a vacant side lot with two car garage on the other. The property is well located right behind the recently renovated Belmont Blue line "L" train stop and one block from the Kennedy expressway. Additional opportunity lies in changing the zoning over time, and then developing condos or apartments on the lot, taking advantage of the great TOD location. Current zoning is RS-3 and the lots can not be split in its existing form. The building includes two 3 bedroom/1 bathroom units, and one studio unit (which is really a 1 bed/1 bath). The property also includes 2 car garage parking and 4 parking pad spaces in the rear. The existing units were renovated in 2020, which included new kitchens, bathrooms, windows, floors and appliances throughout the building. Perfectly located on a nice neighborhood block but very close to public transportation, highway, and shopping. Lots of options for an owner occupant, investor, or developer. Unique covered land play in Avondale.

Last Agent to Sell the Property

Davis Edgerly

33 Realty License #475159923 Listed on: 11/15/2021

Last Buyer's Agent

Davis Edgerly

33 Realty License #475159923 Listed on: 11/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,830

Year Built

  • Built in 1901 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 50x123
  • Fenced Yard
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Tri-Level Property
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $57,900
  • Net Operating Income $43,713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,830

Year Built

Built in 1901 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tri-Level
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Space Heater
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X123
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 43713
  • GrossIncome: 57900
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7830.05
  • Tax Year: 2020
  • Tax Exemptions: None

MLS Schools

  • Other Public Sch Dist: 299

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
02/16/2022 02/16/22 Sold $710,000 -11.2% --
12/17/2021 12/17/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $799,999 +68.4% --
03/26/2019 03/26/19 Sold $475,000 -13.6% -- View Prior Sale
01/27/2019 01/27/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $550,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11271033

Midwest Real Estate Data (MRED)