3407 N Avers Avenue Chicago IL 60618 MLS #MRD12530355

Premier Avondale multi-family building for sale in a prime location between the Addison and Belmont stations. This well-maintained 2-flat sits on one of the neighborhood’s best blocks and offers endless possibilities including investment or owner-occupied use. Improvements include NEW Boiler and newer Washer/Dryer available for free use to the tenants. The newer Electrical and newer Plumbing has been updated within the fully remodeled top floor unit. The second (2nd) floor unit just underwent MAJOR renovations less than 5 years ago with EVERYTHING NEW! The unit has three (3) bedrooms and one (1) bathroom with exceptional updates currently leasing for $2000 which includes an additional sunroom or den. The spacious first (1st) floor unit features two (2) bedrooms, one (1) full bath, a large living room, separate formal dining room, built-in closets and an enclosed back porch, but could use updating currently renting below market for $1100, lease is M-T-M. The unfinished basement offers laundry and storage to the owner/tenant including the buildings newer mechanicals. Perhaps ideal for future expansion or duplex-down potential. The exterior includes a 2-car detached garage, and a maintained landscaped grassed backyard on a standard 25×125 Chicago lot. Total building current under market rents sit at $3,100/month, excluding garage parking, currently used by the owner. Conveniently located near Parkview Playlot Park, Belmont Ave restaurants, shopping, 90/94, Metra, CTA lines, and all that Irving Park, Avondale and Logan Square have to offer. An incredible opportunity for you to become Avondale’s next multi-family building owner.