Sold for $885,000 on 1/10/23
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
6 |
— |
1910 |
— |
2 |
$11,590 |
964 days |
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.
Listing courtesy of Compass
3649 N Marshfield Ave. is a multi-unit home built in 1910, and is located in Chicago, IL, in the Lake View neighborhood. It has 6 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $11,590. This home goes to Hamilton Elementary School, Hamilton Elementary School, and Lake View High School.
Marco Amidei
(888) 32-Marco (847) 630-4886
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