2553 N Spaulding Avenue
Chicago, IL, 60647
$1,295,000
11 Beds
4 Baths
SqFt
0 Acres
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$1,295,000
2553 N Spaulding Avenue
Chicago, IL, 60647
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The trophy building you’ve been waiting for. Rare opportunity to acquire huge corner brick building in A+++ Logan Square location on over sized (5592 square foot) lot. Building was gut renovated ~10 years ago with new everything — windows, roof, HVAC, plumbing, electric, kitchens, tuck-pointing, masonry, bathrooms, drywall, floors, etc. Extra side area to the south of the property that can be easily converted to parking spaces. All units have great natural sunlight and have large bedrooms. Very well maintained building with “turn-key” opportunity to easily manage. Rents can be increased in the current as-is condition or increased significantly with minimal upgrades. Building is in the ADU zone, so next owner can legally convert basement into 5th dwelling unit. With new loan programs coming, purchase this property with just 5% down and live in your own castle in Logan Square. (agent owned but not affiliated with listing agent)

Property Details

Price:
$1,295,000
MLS #:
MRD12014708
Status:
Active
Beds:
11
Baths:
4
Address:
2553 N Spaulding Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Mar 27, 2024
State:
IL
ZIP:
60647

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Financial

Buyer Agent Compensation
2.25% – $250% of Net Sale Price
Tax Year
2022
Taxes
$19,325
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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2553 N Spaulding Avenue
Chicago, IL