2723 N Hamlin Avenue
Chicago, IL, 60647
$699,000
4 Beds
4 Baths
0 SqFt
0 Acres
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$699,000
2723 N Hamlin Avenue
Chicago, IL, 60647
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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
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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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2723 N Hamlin Avenue
Chicago, IL