Chicago, IL 60618,2702 W George AVE

$1,124,000

Est. payment /mo

$1,195,000

5.9%
Est.Price: ?

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2702 W George AVE Chicago, IL 60618

10 Beds

6 Baths

SOLD DATE : 09/30/2024

Key Details

Sold Price $1,124,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12105447

Sold Date 09/30/24

Bedrooms 10

Annual Tax Amount $15,033

Tax Year 2022

Lot Dimensions 24X125

Property Sub-Type Two to Four Units

Property Description

Absolutely perfect corner building owner-occupant opportunity in a tree lined, highly desirable Avondale location. Four legal units. All units separately metered and top floor and 1R have central air. All units have in unit washer-dryers. Opportunity to increase rents on the rental units presents additional income potential. Kick-out clause in place for multiple units in the event an owner wants to occupy one of the units. Offered at an attractive 6.6% cap rate with room to increase. Property features a nice, private backyard and two car garage. No basement means minimal common area expenses. Agent owned interest. Come see this ideal apartment building and enjoy the benefits of multifamily ownership.

Location

State IL

County Cook

Area Chi - Avondale

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Michael Hagenson • New Era Chicago, LLC
Bought with Jordan Euson • Compass
agent

Michael Schatz

+1(312) 961-4450

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