$1,200,000
2036 N Spaulding Avenue
Chicago, IL, 60647
Ladies and gentlemen, prepare to be enchanted as we unveil a true investment powerhouse nestled within the heart of Logan Square, a neighborhood known for its vibrant energy and eclectic charm! Behold, mere steps away from the verdant beauty of BLVD park, lies an extraordinary cash cow that defies all expectations – a Turnkey Residence/Investment beyond compare! As you step into the premises, let your senses revel in the splendor of a meticulously crafted yard, a verdant oasis that beckons you forth. But hold onto your hats, for the real magic awaits at the rear, where a sprawling expanse unveils itself, boasting not just one, not two, but a MULTI-CAR parking space – a rare treasure indeed in this bustling cityscape! Not only that, but three of those spaces are currently rented out, generating an additional $300 in income each month! But wait, dear friends, for the wonders do not end there! Imagine, if you will, a stately 2-flat building, where each floor boasts 3 spacious bedrooms and 1 bathroom, offering comfort and tranquility at every turn. But that’s not all – venture down into the depths of the basement, where you’ll discover a hidden gem, complete with a cozy wet bar, an additional bedroom, and a full bathroom, ready to accommodate your every need, whether it be extra living space or a sanctuary for relaxation and repose! And now, dear friends, turn your gaze towards the COACH house, a true marvel of architectural ingenuity! Within its walls reside THREE units of pure delight – two of which boast 2 beautifully updated bedrooms and 1 bath each, while the third unit dazzles with 3 commodious beds and 1 bath of its own, promising a haven of comfort and luxury for all who enter. But let us not forget the piece de resistance – a grand total of 14 BEDROOMS and 6 FULL baths, plus that additional grandfathered-in unit, poised and ready to generate serious rental income! These renovated apartments stand as a testament to craftsmanship and attention to detail, offering move-in ready accommodations that are sure to delight even the most discerning of residents. And with ample parking space (including income-producing spots!) and a sprawling yard, the possibilities are truly endless – from family gatherings to sizzling cookouts and everything in between, this is a space designed for living life to the fullest and maximizing your return on investment! So seize the moment, dear friends, and grasp hold of this unparalleled opportunity to own a piece of Logan Square’s future! With income potential as vast as the sky above, and a location that’s second to none, there’s never been a better time to make your mark on this thriving neighborhood! Schedule your private showing today, and step into a world of endless possibilities!
Property Details
Price:
$1,200,000
MLS #:
MRD11982149
Status:
Active Under Contract
Beds:
14
Baths:
6
Address:
2036 N Spaulding Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Feb 15, 2024
State:
IL
ZIP:
60647
Year Built:
1890
Schools
School District:
299
Interior
Heating
Forced Air
Exterior
Community Features
Sidewalks, Street Lights
Exterior Features
Deck, Porch
Parking Features
Off Alley, Alley Access, Parking Lot
Parking Spots
8
Roof
Shake
Financial
Buyer Agent Compensation
2%-$399Net Sale Price
Tax Year
2022
Taxes
$14,100
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2036 N Spaulding Avenue
Chicago, IL
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