$1,089,000
1828 N Springfield Avenue
Chicago, IL, 60647
Incredible Hermosa location bordering Logan Square! Enjoy a pristine & profitable 7-unit! This beautiful turnkey building is located across the street from Sharon Christa McAuliffe Elementary School & Playground with easy access to the 606 Trail, public transportation, shopping, restaurants, and multiple parks! Enjoy a well-maintained property consisting of (3) 1-bedroom units, (3) 2-bedroom units, (1) 3-bedroom unit, (4) coin laundry machines, (6) tandem parking spaces, & (2) bonus storage rooms! As you approach this home, note the ample off-street parking for guests, stunning brick curb appeal, gated lot, and easy-to-maintain landscaping. Step into the main entrance to be greeted by a formal foyer with durable tile flooring, built-in mailboxes, stunning woodwork, & security doors. Proceed to the sunny lower-level unit offering 3 bedrooms (with potential for 4th) & 1 bathroom; all the while boasting tall ceiling heights, above-grade views, & sunny windows throughout. Proceed up the main foyer to access upper-level units; each updated and pridefully well-kept by responsible tenants. Each floor boasts a mix of one (1) bedroom and one (2) bedroom unit featuring beautiful wood flooring/wood laminate flooring, fresh paint, upgraded appliances, updated fixtures, upgraded kitchens/baths, upgraded windows, updated mechanicals, & MORE! Each apartment offers 2 separate entrances, a dedicated in-unit furnace, and 2 apartments feature central air. All apartments are spacious, feature stunning restored woodwork, and offer abundant natural light. All units are separately metered, and tenants are responsible for their own gas and electric. Perfect opportunity for a savvy investor. Current rents are under market value with area for improvement! Prime location within walking distance to dining, shopping, the “606 trail”, and entertainment ensures a strong rental demand. Don’t miss this opportunity to secure a reliable and attractive addition to your investment portfolio in one of Chicago’s most up-and-coming neighborhoods. Contact us today to seize this prime real estate investment in Hermosa! Pre-approval/proof of funds required for showings. Please do not walk grounds or disturb tenants. Tours by appointments with minimum 48hr notice required; Proof of Funds/Pre Approvals required Showings begin 1/7/24; Line up your tour time with the listing agent
Property Details
Price:
$1,089,000
MLS #:
MRD12215111
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1828 N Springfield Avenue
Type:
Commercial
Neighborhood:
CHI – Hermosa
City:
Chicago
Listed Date:
Nov 25, 2024
State:
IL
ZIP:
60647
Year Built:
1916
Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$10,382
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1828 N Springfield Avenue
Chicago, IL
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