NOT LISTED FOR SALE

3318 N Leclaire Ave Chicago, IL 60641

Cragin Neighborhood
8 Beds
6 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold June 24, 2020

Last sale price $635,000

6 Days on Market

About This Home

As of June 2020

INCREDIBLE OPPORTUNITY!!! INVESTORS' DREAM, LEGAL 6 FLAT!! THIS BUILDING SCREAMS OWNER PRIDE OF OWNERSHIP!! LONG TIME OWNER OF THIS CORNER BUILDING IN GREAT LOCATION! UNBELIEVABLE CHARM, BUILDING IN GREAT SHAPE IN ALL OF ITS GLORY! HAS BEEN WELL PRESERVED THROUGHOUT THE YEARS! ALL ORIGINAL WOODWORK IN GREAT SHAPE, UNITS HAVE AMAZING HARDWOOD FLOORS THROUGHOUT, ALSO WITH MAPLE FLOORS IN KITCHEN! VERY SPACIOUS APARTMENTS THAT HAVE LARGE LIVING ROOMS AND RARE DINING ROOMS. THE UNITS HAVE TONS OF CLOSET SPACE, SOME HAVE WALK-IN CLOSETS AS WELL! 3 CAR BRICK GARAGE WITH NEW PITCH ROOF . BUILDING WELL TAKEN CARE OF WITH LOTS OF UPDATES INCL ROOF. HOT WATER HORIZONTAL COPPER PIPES! THIS BUILDING HAS A TON OF POTENTIAL FOR INCOME GROWTH LONG-TIME TENANTS' RENTS ARE BELOW MARKET. DON'T MISS THIS INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Frank Scaletta

xr realty License #471020604 Listed on: 03/12/2020

Co-Listed By

Marek Milewski

xr realty License #475176954

Last Buyer's Agent

Mitir Patel

Baird & Warner License #475157343

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 3,920

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Exterior Basement Entry
  • Window Unit Cooling System

Community Details

  • Fuel Expense $7,000
  • Insurance Expense $3,400

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 40613
  • Outdoor Parking: 1-5 Spaces
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 961
  • Total Annual Exp: 25927
  • Total Annual Income: 61200
  • Total Monthly Income: 5545
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1928
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Basement: Finished, Exterior Access

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.09
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces, Detached
  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Radiant
  • Water Expense: 4500

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger

Fee Information

  • Electricity Expense: 300

Lot Info

  • Lot Dimensions: 40X126
  • Land Amenities: Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 13214120170000

Rental Info

  • Gross Rental Income: 66540
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 7000
  • Insurance Expense: 3400
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 9766.67

Range of Values:

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Average Value
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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 Change Sq Ft Price
06/24/2020 06/24/20 Sold $635,000 -5.2% --
03/18/2020 03/18/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $669,900 -- --
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: MRD10664578

Midwest Real Estate Data (MRED)

APN: 13214120170000