3615 W Diversey Ave., Chicago, IL 60647

3615 W Diversey Ave., Chicago, IL 60647
Photo 1 of 19
$592,000
Sold on 8/28/23
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $8,851.41 1912
On the market: 43 days
View full details, 15 photos, school info, and price history
Awesome building in the heart of Avondale! Super solid brick building with two x large 3 bed 1 bath units and an additional 1 bed 1 bath garden unit. Massive potential upside in income! All tenants M-T-M for new owner flexibility & well below market rent. Live in one and rent the others out - or just take the rents to market value and enjoy the cash flow. Unit 2: Incredibly bright and spacious top floor recent rehab (2020) - with new kitchen - featuring quartz countertops, stainless appliances and custom cabinetry, new bathroom, windows, lighting, refinished flooring & new paint. Unit 1: Long term tenants with super below market rent, needs updating. Same spacious layout as unit 2. With a cosmetic rehab you can double the rent! Unit G: English garden that was rehabbed in 2014 - with a refresh it will generate $1,150-$1,250, per month. Recent building work (2020-2022) includes: tuckpointing, new roof, new plumbing stack, new concrete sidewalk/rear & new windows. Common laundry in basement, currently free to tenants. Tenants pay all separate utilities Nice back yard & 2 car garage - currently included in rent
Listing courtesy of Sam Jenkins, Jameson Sotheby's Intl Realty