Address
2838 S Union Avenue Chicago, IL
Price
$ 899,000
Property Attributes
  • MLS#10740340
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Bridgeport
  • NeighborhoodBridgeport
  • Zip60616
  • Style
  • Taxes9923
  • Price$ 899,000
  • Bedrooms11
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Richland Global Inc
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. 1-year home warranty provided for peace of mind.

Price History
6/9/2020 Listed $899,000

General Features

Community Features Park, Street Lights, Street Paved
Heating Natural Gas
New Construction No
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active

Interior Features

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

Exterior Features

Exterior Brick
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 50X121.72
Water Source Public

Room Details

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • 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 $750K
$900K
Taxes
AVG $8,425
$9,923
Visits
AVG 58
76
Walkscore
AVG 83
84
Data Provided by Walkscore ® not using MLS data