2407 S SPAULDING Avenue
Chicago, IL, 60623
$664,900
Beds
0 Baths
0 SqFt
0 Acres
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$664,900
2407 S SPAULDING Avenue
Chicago, IL, 60623
MLS #MRD12294860 img 0MLS #MRD12294860 img 1MLS #MRD12294860 img 2MLS #MRD12294860 img 3MLS #MRD12294860 img 4MLS #MRD12294860 img 5MLS #MRD12294860 img 6MLS #MRD12294860 img 7MLS #MRD12294860 img 8MLS #MRD12294860 img 9MLS #MRD12294860 img 10MLS #MRD12294860 img 11MLS #MRD12294860 img 12MLS #MRD12294860 img 13MLS #MRD12294860 img 14MLS #MRD12294860 img 15MLS #MRD12294860 img 16MLS #MRD12294860 img 17MLS #MRD12294860 img 18MLS #MRD12294860 img 19MLS #MRD12294860 img 20MLS #MRD12294860 img 21MLS #MRD12294860 img 22
Great investment opportunity for a multifamily 5-unit brick building located in the heart of the vibrant Little Village neighborhood. This 5-unit property features a 3-flat brick building with a full unfinished attic in front with an exterior frame rear porch that allows for additional porch space plus a rear brick 2-unit coach house. Also, a separate 2 car frame detached garage all on the same lot. This fully fenced property offers a significant potential for rental increases with long term tenants. Each unit is equipped with its own furnace heating system, water heater, and separate utilities providing tenants with control over their utilities and reducing owner expenses, offering an attractive return on investment. A high-performing asset with both immediate cash flow and long-term value appreciation! Conveniently located close to the thriving 26th street corridor that offers attractive shopping, restaurants, grocery, financial institutions, schools, houses of worship and much more! Close to Ogden CTA Train, bus lines, I-290 & I-55 Expressways. Units 1F & 2F are vacant and available for showings. Estate Sale – Sold “AS-IS”.

Property Details

Price:
$664,900
MLS #:
MRD12294860
Status:
Active
Beds:
0
Baths:
0
Address:
2407 S SPAULDING Avenue
Type:
Commercial
Neighborhood:
CHI – South Lawndale
City:
Chicago
Listed Date:
Feb 20, 2025
State:
IL
ZIP:
60623
Year Built:
1908

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$28,826
Tax Year
2023
Taxes
$7,173
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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2407 S SPAULDING Avenue
Chicago, IL