$699,000
2723 N Hamlin Avenue
Chicago, IL, 60647
This 7 bedroom, 4 bathroom multi-unit brings in $5,400 a month with long term tenants and room to increase rents. Come see this beautifully updated property in the highly desirable Avondale-Logan Square neighborhood that is perfect for owner-occupiers and investors alike. This legal two-unit property features a 2 bedroom unit on the first floor rented MTM for $1,550 and has in unit laundry. The second floor is rented MTM for $1,350. In addition, it has a non-conforming 2 bedroom garden unit rented for $1,100 and non-conforming top floor 1 bedroom unit rented for $1,400. Market rents for the 2 bedroom units are $1,600-$1,900 with no updates needed. The property has had many updates over the last few years including upgrades to the kitchens, baths, appliances, and mechanicals. Please see info sheet for details and dates of updates. The neighborhood offers one of the city’s most exciting and diverse dining scenes, an array of small businesses, great shops, energetic street life and a strong community atmosphere. Located near the vibrant Milwaukee corridor, less than a mile to the CTA Blue Line Logan Square, and easy access to public transportation on Diversey Ave and quick access to Interstate 90/94. Good sized backyard with 2 car garage which is currently vacant and can be easily rented to increase cash flow. Common laundry in the basement. Seller or Listing Agent make no representation on legality of attic and garden units.
Property Details
Price:
$699,000
MLS #:
MRD12267571
Status:
Active Under Contract
Beds:
4
Baths:
4
Address:
2723 N Hamlin Avenue
Type:
Multi Family
Neighborhood:
CHI – Logan Square
City:
Chicago
Listed Date:
Jan 9, 2025
State:
IL
ZIP:
60647
Year Built:
1906
Schools
School District:
299
Interior
Heating
Forced Air, Steam, Sep Heating Systems – 2+, Indv Controls
Exterior
Exterior Features
Deck
Parking Spots
2
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$7,364
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Second City Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
2723 N Hamlin Avenue
Chicago, IL
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