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$838,000
Favorite
11
beds
5
baths

2838 S Union Avenue

Chicago, Illinois 60616
Closed / MLS #11017284 / Multiple Unit (2-4) / Bridgeport
Listing information updated 8/2/2021 at 10:43pm
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.

Full Features

Exterior Type:
Brick
Basement:
Finished
Beds Above Grade:
11
Heating System:
Natural Gas
Pool:
No
Age:
Unknown
Parking Type:
Garage
Parking Spaces:
4
Garage:
Garage Door Opener(s),Tandem
Room Count:
20
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.13

Taxes & Assessments

Tax Amount:
$9,923
Tax Year:
2019

Location

Zip Code:
60616
City:
Chicago
County:
Cook

Schools

School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Richland Global Inc

Listing Office Phone: 312.600.7128

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/2/2021 at 10:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Bridgeport

Bridgeport, IL

Bridgeport is the birthplace of five Chicago mayors and the home of the Chicago White Sox. But that’s only part of its story. Today, the close-knit neighborhood is experiencing a renaissance of sorts. In recent years, residential developers have jumped on opportunities to convert older warehouses...

CTA

CTA
Orange line at Halsted
$501,323
Average Sale Price
74
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2838 S Union Avenue, Chicago, IL 60616

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2838 S Union Avenue is a multiple unit (2-4) which sold for $838,000. 2838 S Union Avenue features 11 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties since March 11th, 2021. The nearest transit stops include Halsted CTA Orange line.

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