$625,000
2928 N MANGO Avenue
Chicago, IL, 60634
**Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago** Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: – **Large, Well-Maintained Traditional Chicago Yellow Brick Building:** Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. – **Spacious Units with Elegant Features:** Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. – **Modern Kitchens and Bathrooms:** Both units offer large eat-in kitchens with plenty of cabin ets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. – **Comfortable Living Spaces:** The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. – **Income-Generating Garage and Impressive Financials:** The two-car garage is currently leased for extra rental income, and with an Operating Income (NOI) of 58,000 per year, this property promises strong returns on investment. – **Fully Finished Basement:** Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. – **Recent Upgrades:** The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. – **Prime Location:** Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.
Property Details
Price:
$625,000
MLS #:
MRD12208136
Status:
Active Under Contract
Beds:
6
Baths:
3
Address:
2928 N MANGO Avenue
Type:
Multi Family
Neighborhood:
CHI – Belmont Cragin
City:
Chicago
Listed Date:
Nov 11, 2024
State:
IL
ZIP:
60634
Year Built:
1929
Schools
School District:
299
Interior
Heating
Radiator(s)
Exterior
Architectural Style
Traditional
Parking Spots
2
Roof
Flat
Financial
Tax Year
2023
Taxes
$6,129
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2928 N MANGO Avenue
Chicago, IL
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