2702 W George Avenue Chicago, IL ^$ 1,195,000

2702 W George Avenue

^$ 1,195,000

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2702 W George Avenue

Chicago, IL, 60618

^$ 1,195,000

Bedrooms10 Baths6.0 Sq 1,300

Monthly Estimate*

^$ 7,157

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Multi-Family Home for sale in Chicago, IL

for $1,195,000 with 10 bedrooms and 6 full baths. This home is 1,300 square feet.

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.

Multi-Family Contingent

Price

^$ 1,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,033

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12105447

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 2

Township West Chicago

Tax Year 2022

Percent Ownership Fee Simple

County Cook

Net Operating Income 78797

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 19

Status Contingent

Directions California to George west to property.

City Chicago

High School District 299

MLS Area CHI - Avondale

Waterfront Y/N N

Tax Annual Amount 15033.82

Days on Market 42

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None Slab

Total Bedrooms 10

Total Baths 6

Bedrooms Possible 10

Full Baths Building 6

Half Baths Building 0

Total Number of Units 4

Exterior

Water Source Public

Total Parking 2

Lot Dimensions 24X125

Garage Onsite Yes

Garage Type Detached

Exterior Vinyl Siding Frame

* Excluded Features

List By

New Era Chicago, Llc

Broker

mikehagenson@gmail.com;mike@newerachicago.com

Affordability Calculator

$8,410

Per Month

Monthly Principal & Interest: $7,157
Monthly Property Taxes: $1,253
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$631,575

Percent of Sale Price 47%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/9/2024	$1,195,000		Listed Price

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2702 W George Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $1,195,000 with 1,300 sqft. 2702 W George Avenue has 10 bedrooms and 6.0 baths. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 9/22/2024.

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2702 W George Avenue

Multi-Family Home for sale in Chicago, IL

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