Wonderful, well-cared for brick 2 Flat in Avondale. Incredible opportunity for investors and owner-occupied buyers as the property provides a strong cashflow, has a cap rate of 5.7%, and a healthy debt service coverage. The property features 3 units: A second floor 2 bed, 1 bath, and a heated enclosed porch/third bedroom unit, a first floor 2 bed, 1 bath unit, and a garden studio unit. The second and first floor units feature an eat in kitchen with a dishwasher, newer bathroom, hardwood floors, new stovetop, and lovely woodwork. The first floor unit has brand new hardwood floors in the living room. There is a new washer/dryer (free) shared between all units in the basement of the building along with tons of storage. The property has a large backyard that is perfect for hosting friends and a 2-car garage off the alley. Location is prime as the property is less than a 5-minute walk to the Addison Blue Line, less than a 5-minute drive to the Kennedy Expressway, Jewel Osco and Target. Close proximity to great local restaurants including Smoque BBQ, Honey Butter Fried Chicken, and many other hot spots. Easy street permit parking available. Located in a friendly neighborhood.
Property Map
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Property Details
Utilities
Heating Radiators
Cooling
Water Lake Michigan, Public
Sewer Sewer-Public
Additional Information
Parking
Garage Door Opener(s), Garage On Site, Owned
Schools
Schurz High School, Schurz High School, Reilly Elementary School
Payment Calculator
Listing History
03-18-2020
Listed at $484,000
05-19-2020
Price decreased by $1,000 to $483,000
05-28-2020
Price decreased by $1,000 to $482,000
06-25-2020
Status changed to Under Contract
08-19-2020
Status changed to Closed
08-17-2020
Sold at $482,000
Last Modified 8/19/20 10:11 AM
Nearby Transportation
Bus 152
0.2 mi
Bus 53
0.2 mi
Bus 56
0.3 mi
Bus 77
0.3 mi
Bus 82
0.5 mi
Bus 80
0.7 mi
Bus 76
0.8 mi
Bus 54A
0.8 mi
Bus 78
1.2 mi
Bus 54
1.2 mi
Union Pacific Northwest
0.7 mi
Milwaukee North
1.0 mi
Blue Line
0.3 mi
I 90 East
0.3 mi
I 94 East
0.3 mi
I 90 West
0.3 mi
I 94 West
0.3 mi
I 290 West
4.8 mi
I 290 East
4.8 mi
For More Information
(312) 528-9200
For more information about 3422 N Hamlin, Chicago, IL 60618 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Coldwell Banker Residential
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
