4515 N Hamlin Ave Chicago, IL 60625
Albany Park NeighborhoodEstimated payment $11,857/month
Total Views
7,614
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Price per Sq Ft
About This Home
PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HIGHLY DESIRABLE NORTHWEST SIDE OF CHICAGO ACROSS FROM HAUGAN PUBLIC SCHOOL, THIS WELL-MAINTAINED CORNER YELLOW BRICK BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF THREE (3) 2BD/1BA AND NINE (9) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY WITH TWO (2) COMMERCIAL COIN-OPERATED GAS DRYERS + TWO (2) COMMERCIAL COIN-OPERATED WASHING MACHINES, A BACK COURTYARD AND A 1-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE RESIDENTS ARE RESPONSIBLE FOR THIER COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: - OVERSIZED RESIDENT STORAGE UNITS - BUILDING OWNED LAUNDRY FACILITY - (1) CAR DETACHED PARKING GARAGE - GATED BACK COURTYARD
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,277
Year Built
- Built in 1929
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Gas
Additional Features
- 2-Story Property
- Lot Dimensions are 62 x 125
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,497
- Fuel Expense $9,165
- Insurance Expense $7,194
- Maintenance Expense $1,200
- Other Expense $600
- Trash Expense $2,188
- Water Sewer Expense $10,333
- Operating Expense $64,927
- Gross Income $185,460
- Net Operating Income $120,532
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $1,896,000 | 0.0% | -- |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/26/2025 04/26/25 | For Sale | $1,896,000 | 0.0% | -- |
| 02/14/2016 02/14/16 | Rented | $895 | 0.0% | -- |
| 02/05/2016 02/05/16 | Under Contract | -- | -- | -- |
| 11/27/2015 11/27/15 | For Rent | $895 | 0.0% | -- |
| 11/19/2015 11/19/15 | Sold | $1,200,000 | -14.3% | -- |
| 10/30/2015 10/30/15 | Pending | -- | -- | -- |
| 09/18/2015 09/18/15 | For Sale | $1,400,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12346660
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