2733 N Austin Avenue
Chicago, IL, 60639
$999,000
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0 Baths
0 SqFt
0 Acres
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$999,000
2733 N Austin Avenue
Chicago, IL, 60639
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This exceptionally located 8-unit brick building in the Belmont Cragin neighborhood of Chicago is perfect for a local investor. There are 4 beautifully renovated units collecting $1295 per month and feature with stainless appliances, updated cabinets, new flooring, updated bathrooms with new tile and vanities, and more. There are 4 older units in various condition with longer-term tenants that currently pay $1150-1200. The building is on a boiler with two hot water tanks, window a/c for the tenants, has coin laundry in the basement, and a 4-car garage. Two units have parking included, and two spots are rented for $200 to an outside renter. This building is a great investment for someone who wants to gradually do some value-add work and increase their income. Lot size estimated at 49×125. Broker interest.

Property Details

Price:
$999,000
MLS #:
MRD12065458
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
2733 N Austin Avenue
Type:
Commercial
City:
Chicago
Listed Date:
May 28, 2024
State:
IL
ZIP:
60639
Year Built:
1931

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
2.5%-$385Net Sale Price
Net Operating Income
$86,338
Tax Year
2022
Taxes
$14,515
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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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2733 N Austin Avenue
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