NOT LISTED FOR SALE

3843 N Spaulding Ave Chicago, IL 60618

Irving Park Neighborhood
5 Beds
2 Baths
-- Sq Ft
1914 Built

Last Sold October 09, 2020

Last sale price $470,000

Highlights

  • Property is near a park
  • Sun or Florida Room
  • Fenced Yard
  • Traditional Architecture
  • Lower Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of October 2020

MATTERPORT/3D VIRTUAL TOUR LINK AVAILABLE! CLEVELAND SCHOOL DISTRICT! WALK TO ALL THAT IRVING PARK HAS TO OFFER INCL MULTIPLE PARKS & PUB TRANS FROM THIS RARELY AVAILABLE/TURN-KEY/UPDATED/CASH-FLOW POSITIVE (WOULD ABSOLUTELY PRINT MONEY AS AN AirBnB!!) GORGEOUS BRICK 2-FLAT ON OVERSIZED 30x126 LOT W/GREAT BACK YARD;PERFECT FOR OWNER-OCCUPANT (SELLER LIVED IN BUILDING FROM 2012-2018) OR INVESTOR W/AMAZING 3BD+SUN RM OWNER'S UNIT & 2BD+SUN ROOM ADD'L UNIT BOTH W/SEPARATE DINING ROOMS & UPDATED KITCHENS W/WALK-IN PANTRY & UPDATED BATHS;INDIV GAS/ELECTRIC W/CENTRAL AIR AND GAS-FORCED HEAT IN EACH UNIT (NEW IN 2012);ENDLESS POSSIBILITIES INCL PERFECT OWNER-OCCUPIED 2-FLAT,SFH CONVERSION CANDIDATE OR BUY/HOLD & RENT OUT BOTH UNITS;NEW ROOF & TUCKPOINTING (2012) AND NEW INDIVIDUAL WATER HEATERS (2015);2-CAR GARAGE,GREAT BACK YARD & HUGE UNFINISHED/DRY BASEMENT W/GREAT CEILING HEIGHT PERFECT FOR DUPLEXING DOWN TO EASILY CREATE A MASSIVE OWNER'S UNIT!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 09/21/2020

Compass

Last Buyer's Agent

Mario Greco

Compass License #475105845 Listed on: 09/21/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1914 | Remodeled in 2012

Lot Details

  • Lot Dimensions are 30x126
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Cleveland Elementary School
  • Schurz High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Professional Management Expense $2,400
  • Water Sewer Expense $900
  • Gross Income $39,600
  • Net Operating Income $28,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,803

Year Built

Built in 1914 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Professional Management Expense: 2400
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Foyer, Sun Room, Utility Room-Lower Level
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter, Stone
  • List Price: 499500
  • Lot Features: Fenced Yard
  • OtherStructures: None
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 900
  • Other Expenses $: 0
  • Trash Expense Year: 2019

Schools

  • Elementary School: Cleveland Elementary School
  • High School: Schurz High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X126
  • 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: 28100
  • Insurance Expense: 1200
  • GrossIncome: 39600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6803.36
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

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
10/09/2020 10/09/20 Sold $470,000 -5.9% --
09/21/2020 09/21/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $499,500 +29.7% --
09/09/2014 09/09/14 Sold $385,000 -2.5% --
07/18/2014 07/18/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $395,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mario Greco

    Seller's Agent in 2020

    Mario Greco

    Compass

    (773) 255-6562

    13 in this area

    1,120 Total Sales

    Mario Greco
    Section Image

  • J

    Buyer Co-Listing Agent in 2020

    Jay Elsberry

    Compass

    (712) 541-8267

    3 in this area

    70 Total Sales

    Jay Elsberry
    Section Image
  • Earl Ruthman

    Seller's Agent in 2014

    Earl Ruthman

    Century 21 Circle

    (312) 513-4490

    84 Total Sales

    Earl Ruthman
    Section Image

  • F

    Buyer's Agent in 2014

    Frederick Kidd

    Winnemac Properties

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10876619

Midwest Real Estate Data (MRED)

Illinois Cook County Chicago 60618 Irving Park

3843 N Spaulding Ave, Chicago, IL

This home is located at 3843 N Spaulding Ave, Chicago, IL 60618 since 21 September 2020. This property was built in 1914. 3843 N Spaulding Ave is a home located in Cook County with nearby schools including Cleveland Elementary School, Schurz High School, and CICS Irving Park.

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