The Dobbs Group Website Emblem
3649 N Marshfield Avenue
Chicago, IL, 60613
$900,000
6 Beds
5 Baths
0 SqFt
0 Acres
$900,000
3649 N Marshfield Avenue
Chicago, IL, 60613
Outstanding investment or live-in investor opportunity awaits in unbeatable Southport Corridor/Lakeview location! Over 7.3% cap rate! This is a perfect alternative to a single-family home, choose your renter, and live mortgage free with all the luxuries of single-family home living! With over a 7.3% cap rate, this 3-story 2- flat on a quiet, tree-lined street is comprised of two huge duplexes, a 3 bed/3 bath duplex up, and a 3 bed/2 bath duplex down that are fully move-in ready and always easy to rent! Each unit features open living and dining with hardwood floors, in-unit laundry, granite counters, newer stainless steel appliances, central heat/air, large private decks for grilling and entertaining, as well as a shared yard and 2 car garage! Both units were recently painted and have brand new carpeting. Building currently generates great rents, but still offers many value-add opportunities with minimal cosmetic updates. Perfect for the investor looking for an instant income producer, single-family alternative, or a live-in owner who can have tenants pay your mortgage! Walk to all of the shops, dining, nightlife, as well as public transportation that Southport Corridor has to offer including Crosby’s Kitchen, Coda di Volpe, Tuco and Blondie, Amazon Books, Athleta, SEPHORA, as well as the Southport or Paulina brown line and Jewel Osco. This is exactly the opportunity you’ve been waiting for! Priced to sell! Current duplex down was rented for $3000. Other unit was previously rented for $3400.

Property Details

Price:
$900,000
MLS #:
MRD11474594
Status:
Active
Beds:
6
Baths:
5.00
Address:
3649 N Marshfield Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Jul 26, 2022
State:
IL
ZIP:
60613
Year Built:
1910

Schools

School District:
299
Elementary School:
Hamilton Elementary School
High School:
Lake View High School

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Exterior Features
Deck, Patio, Porch, Storms/ Screens, Cable Access
Roof
Asphalt

Financial

Buyer Agent Compensation
3%
Tax Year
2020
Taxes
$11,590
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 38 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

3649 N Marshfield Avenue
Chicago, IL