3847 W SCHOOL ST new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60618
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12465813
Style American 4-Sq.
Bedrooms 6
Year Built 1909
Annual Tax Amount $8,201
Tax Year 2023
Lot Size 3,484 Sqft
Property Sub-Type Two to Four Units
Property Description
Everything is new from 2019 - no deffered maintenance - perfect armchair investment in Avondale. 80,400 in gross lease income (both leases end 5/31/26-they are lined up for the next owner). Unit 1 is a 4 bed duplex down, and the second unit is a 3 bed duplex up-all finishes and mechanicals from 2019. A 30-foot-wide lot offers great floor plans and a massive backyard. This is perfect for owner occupied buyers or potential short-term rentals with long term renters. Fenced in yard and large garage with separate stalls (walls between spots). Only bills paid by owners are common insurance (4200 a year), common electric for garages, and water/sewer/trash (approx. 120 a month). This is the perfect building for someone looking for cash flow AND building appreciation. Listing agent has an owner's interest in the building. 2023 tax 8201
Location
State IL
County Cook
Area Chi - Avondale
Zoning MULTI
Interior
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+
Exterior
Garage Spaces 2.0
Community Features Clubhouse,Park,Curbs,Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Frame, Yes
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Lorca Elementary School
Middle Schools Lorca Elementary School
High Schools Schurz High School
School District 299 ,299, 299
Others
Special Listing Condition List Broker Must Accompany