3107 W Belden Ave.

Exceptionally well located steps to Palmer Square, Blue line, and everything Logan set on oversized 37.5 x 140 lot sequested on private cul de sac. Offers muliple investment objectives as investor or end user. Wide, expansive, diverse unit mix offers (2) 3 bedroom 1 bath (2) 2 bedroom 1 bath and (1) non conforming sprawling 3 bedroom 1 bath with dedicated direct access at exterior which shows like a model. Location is part of approved ADU Pilot porgram that offer a possible path of conformity. Alternatively operate as non conforming or duplex. Individual gas forced air and central air, separate hot water tanks, newer kitchens and baths, hardwood floors, window treatments, huge yard, laundry, storage, shop or studio space. Gross Monthly Income $8700.00 Annual Income $104,400 Fixed Annual Expense 2022 Insurance $3000 Water/Garbage $4,200 Electric $1,200 Gas $840 Taxes* $21,184 *Protested pending results for relief Total Expenses $30,424 Net Operating Income $76,976 CAPX Improvement has made in the last 10 years: 2012Tear off roof, new sheating, insulation and membrane, New mechanical systems for all units GFA/CA Marvinbwindows and side door replaced, New kitchen (cabinet, counters, appliances) for all units - 2014 New bathrooms Tuckpointing , New water heaters, replaced as needed 2012-2020 , Building is fully stablized with leases through Spring 2024. Zoning Certificate 4 units.