$699,000
3449 W Diversey Avenue
Chicago, IL, 60647
This exceptional two-flat property combines vintage charm with significant income potential, making it an excellent investment opportunity. Located in the highly sought-after Logan Square neighborhood, this residence is just minutes from a vibrant selection of restaurants, cafes, and boutique shops along Milwaukee Avenue. The Logan Square Farmers Market and Blue Line station are conveniently located just 0.4 miles away. Unit 1 features 2 bedrooms and 1 bath, with potential for conversion into a 3-bedroom unit. Unit 2 is a spacious 3-bedroom, 1-bath residence. Both units showcase preserved vintage details including hardwood floors, fireplace mantels, baseboards, window casings, doors, and built-in cabinets, complemented by updated kitchens and bathrooms. The building includes two sets of laundry machines in the basement (currently free for tenant use), updated separate electrical panels and meters, separate gas meters, two hot water heaters, and two furnaces. The unfinished basement and attic with stunning views provide additional opportunities for expansion, such as duplexing Unit 1 down and Unit 2 up. Off-street parking is available at the rear of the property, accessible from the alley. Additionally, the property is situated in an ADU (Additional Dwelling Unit) zoning district, offering the potential to add a coach house, attic or garden unit, which could help offset taxes and mortgage costs. Property being sold as-is.
Property Details
Price:
$699,000
MLS #:
MRD12131069
Status:
Active Under Contract
Beds:
5
Baths:
2
Address:
3449 W Diversey Avenue
Type:
Multi Family
Neighborhood:
CHI – Logan Square
City:
Chicago
Listed Date:
Aug 12, 2024
State:
IL
ZIP:
60647
Year Built:
1910
Schools
School District:
299
Elementary School:
Monroe Elementary School
Middle School:
Monroe Elementary School
High School:
Kelvyn Park High School
Interior
Heating
Natural Gas
Exterior
Community Features
Sidewalks, Street Lights
Other Structures
None
Parking Features
Off Alley
Parking Spots
2
Roof
Asphalt
Financial
Tax Year
2022
Taxes
$9,081
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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3449 W Diversey Avenue
Chicago, IL
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