Address
2838 S Union Avenue Chicago, IL
Price
$ 888,000
Property Attributes
  • MLS#11017284
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Bridgeport
  • NeighborhoodBridgeport
  • Zip60616
  • Style
  • Taxes$ 9923
  • Price$ 888,000
  • Bedrooms11
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Richland Global Inc
Data Source:
Midwest Real Estate Data LLC
Property Description

Great turnkey investment opportunity with proforma 7.5% CAP rate, expected rental income of $6565/month including 4-car tandem garage when fully rented, very good existing tenants who have always paid rent on time; it also functions as an owner-occupied property while rental incomes can help mortgage payments. One of a kind, luxuriously remodeled, solid brick legal 3-unit with an additional in-law unit at the basement, situated on double lots 50'x121.7' with 2 separate PINS, in prime Bridgeport area, within Healy school district, close to parks and grocery, features a high-class kitchen, smart 4-door refrigerator, granite island and countertops, exhaust hood, soft close cabinets, backlighting LED tray ceilings; rainfall full body shower system, smart Nest thermostat, electric fireplace, new high-efficiency HVAC and water tanks, etc. The in-law unit has its own kitchen, central heat, washer/dryer hookup, and separate egress; Broker owned.

Price History
3/11/2021 Listed $888,000

General Features

Basement Full, Walkout
Community Features Park, Street Lights, Street Paved
Contingency Attorney/Inspection
Elementary School District 299
Garage Spaces 4
Heating Natural Gas
High School District 299
Middle/Junior School District 299
New Construction No
Ownership Fee Simple
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer
Standard Status Active Under Contract
Tax Annual Amount 9923.05
Total Rooms 20
Township South Chicago
Water Sewer Expense 1318

Interior Features

Basement Finished
Bathrooom Whirlpool, Separate Shower, Full Body Spray Shower
Bedroomspossible 11
Full Baths 5
Full Baths Building 5
Full Baths Unit 1 2
Full Baths Unit 2 1
Full Baths Unit 3 1
Full Baths Unit 4 1
Room Type Workshop
Total Baths 5
Total Bedrooms 11

Exterior Features

Exterior Brick
Foundation Details Concrete Perimeter
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 50X121.72
Lot Features Fenced Yard, Landscaped
Lot Size Acres 0.13
Water Source Public
Waterfront Y/N No

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60616

Price
AVG $410K
$890K
Taxes
AVG $6,193
$9,923
Visits
AVG 61
23
Walkscore
AVG 83
84
Data Provided by Walkscore ® not using MLS data

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