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$570,000
Favorite
7
beds
3
baths

3502 W Palmer Street

Chicago, Illinois 60647
Closed / MLS #11219716 / Multiple Unit (2-4) / Logan Square
Listing information updated 11/10/2021 at 2:23am
Beautifully maintained and updated 2 Flat with finished attic and 2 car garage in HOT Logan Square. Building features newer roof on main house and garage, newer windows and exterior doors, newer siding, newer cement walkways, gas forced heat, central air and sump pump/exterior drainage system. 1st floor unit has separate entrance, 3 beds, 1 updated bath, living room, dining room, eat in kitchen w/stainless appliances, private laundry room and access to patio and fenced in yard. 2nd floor owners unit has central AC, 10' ceilings, hardwood floors throughout, 3 beds (WIC in primary bedroom), 1 updated bath, eat in stainless steel kitchen with island, private laundry room and private deck. Finished attic is a great in-law suite with gas heat, 1 bedroom, living room, large kitchen and two additional rooms. Each apartment has separate utilities and there are no common spaces so annual operating expenses are minimal. This turn-key property is a MONEY MAKER! Est Cap Rate of 7.17% and COC of 11.94%. The property is in the ADU zone for Logan Square so new owner can apply for attic to be an ADU.

Full Features

Exterior Type:
Vinyl Siding,Frame
Basement:
None
Beds Above Grade:
7
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Roof Type:
Asphalt
Parking Type:
Garage
Parking Spaces:
2
Garage:
Garage Door Opener(s)
Room Count:
23
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.07

Taxes & Assessments

Tax Amount:
$4,486
Tax Year:
2020

Location

Zip Code:
60647
City:
Chicago
County:
Cook

Schools

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

Listing Office: Compass

Listing Office Phone: 773.482.1917

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 11/10/2021 at 2:23am. 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.

Logan Square, IL

Logan Square proves that it is hip to be square after all. The neighborhood attracts residents with its artistic vibe, park-like boulevards, and thriving dining scene. The Logan Square Boulevards District, lined with beautiful homes and mature trees, is a designated Chicago landmark. Although it’s...

CTA

CTA
Blue line at Logan Square

Metra

Metra
Milwaukee District North line at Healy Metra
$690,567
Average Sale Price
55
Average Days On The Market
99%
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 3502 W Palmer Street, Chicago, IL 60647

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3502 W Palmer Street is a multiple unit (2-4) which sold for $570,000. 3502 W Palmer Street features 7 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since September 15th, 2021 and was built in 1890. The nearest transit stops include Logan Square CTA Blue line and Healy Metra Metra Milwaukee District North line.

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