3434 W Schubert Avenue
Chicago, IL, 60647
$1,245,000
Beds
0 Baths
SqFt
0 Acres
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$1,245,000
3434 W Schubert Avenue
Chicago, IL, 60647
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Great opportunity with tons of potential…3-flat plus coach house on 35′ lot in the heart of Logan Square. 5 apartments total: three in classic brick three flat with wonderful curb appeal, and two in rear coach house. In the front building are two 3BR/1BA simplex units and a 3BR/2BA duplex. Two 1BR apartments in the coach house. All apartments have hardwood floors, decks, and separate utilities, heat, and A/C. Common laundry on site. Attractive apartments are in great shape and easily rentable. Current rents are well under-market, and there is huge potential to raise rents further with easy updates to kitchens and baths. Existing pad for two tandem parking spots could generate more income (currently not used). Amazing location for tenants: pretty tree-lined street, 2 blocks to Milwaukee Ave shops and restaurants, 3 blocks to Blue Line, and Unity Park is at the end of the block. A rare find in this red hot neighborhood.

Property Details

Price:
$1,245,000 / $1,100,000
MLS #:
MRD11905836
Status:
Closed ((Apr 26, 2024))
Beds:
0
Baths:
0
Address:
3434 W Schubert Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Oct 10, 2023
State:
IL
ZIP:
60647
Year Built:
1913

Schools

Interior

Cooling
Central Individual

Exterior

Roof
Rubber

Financial

Buyer Agent Compensation
2.5% – $475Net Sale Price
Net Operating Income
$65,629
Tax Year
2022
Taxes
$18,093
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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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3434 W Schubert Avenue
Chicago, IL