3809 N Kenmore Avenue
Chicago, IL, 60613
$1,290,000
7 Beds
3 Baths
SqFt
0.14 Acres
$1,290,000
3809 N Kenmore Avenue
Chicago, IL, 60613
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Sold on the PLN. 4-Units – Great investor opportunity to own a High Income, multi-unit property in Lakeview/Wrigleyville. Classic Chicago apartment building layout with 3 apartments plus a finished attic apartment for 4 total units. The attic unit rents for $1,450/mo. Annual income of $92,820 and NOI of $74,158. This building generates more income than most similar properties in the neighborhood and has VERY LOW operating expenses. Unit mix is: #G = 2 bed / 1 bath, #1 = 3 bed / 1 bath, #2 = 2 bed / 1 bath and #3 = 1,000 sq ft open, loft style studio. The apartments are always in demand and rent easily. Property also has a rear brick patio & 2 car garage. Utilities are separated with GFA heat & AC for all units and tenants pay gas/electric. Laundry located in basement. Located on leafy Kenmore Ave, close to Wrigley Field but not too close. Literally walking distance to everything in Wrigleyville: stadium – games & concerts, CTA Red line, shops, dining, bars, etc. This building is perfect for someone who is looking for high income and wants to start collecting rent from day 1 – all leases were just extended into 2023. Schedule today!

Property Details

Price:
$1,290,000 / $1,290,000
MLS #:
MRD11680745
Status:
Closed ((Apr 24, 2023))
Beds:
7
Baths:
3
Address:
3809 N Kenmore Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Nov 30, 2022
State:
IL
ZIP:
60613
Year Built:
1893

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Financial

Buyer Agent Compensation
2.5% MINUS $350Net Sale Price
Net Operating Income
$74,158
Tax Year
2021
Taxes
$15,619
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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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3809 N Kenmore Avenue
Chicago, IL