2329 N Sacramento Ave., Chicago, IL 60647

2329 N Sacramento Ave., Chicago, IL 60647
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$690,900
Sold on 2/08/21
Beds Baths Sq. Ft. Taxes Built
5 2.00 0 $11,535.26 1895
On the market: 117 days
View full details, 15 photos, school info, and price history
Optimally located brick stone 2 unit building on oversized lot in prime East Logan Square a short distance to the California Ave blue line train for easy access to O'Hare airport or downtown Chicago, I-90/94 for access to suburbs, and Palmer Square Park to enjoy the lush environment. Longtime owner has maintained the building extremely well and has regularly updated the units, which are spacious, open and get great natural light. 1st floor unit is 2 bed 1 bath leased for $1,650 and Unit 2 is 3 bed 1 bath leased for $1,850.The units have been regularly updated and maintained with hardwood floors and newer appliances. There is a concrete patio in rear and a 2 car garage. The ease of rentability and increasing rents makes this property perfect for an owner occupant looking to offset their mortgage payment with rental income or an arm chair investor who will virtually always have a fully occupied building. New owner could also rent out parking spots ($100 each) and add coin laundry for extra income. Thousands of dollars of tuck pointing was just completed on the north elevation of building and chimney where bricks were totally replaced. Roof (rubber bitomized) about 10 years old and has just been power washed and has new silver coating. Windows about 15 years old but come with lifetime warranty. Electric has been well maintained and plumbing throughout is mainly copper. Owner pays hot water for all units, and cooking gas for unit 2. Floor 1 pays electric and cooking gas and 2 pays their own electric. Boiler has circuit breakers and sensor to adjust when overheating occurs (saves on gas bill) but is older and has been maintained well. 3 separate water tanks which are about 5-6 years old). Commercial grade downspouts in back and enclosed porch. Huge Potential for the oversized garage with an attic space that could be creatively repurposed
Listing courtesy of Ashley Donat, Compass