3552 N Oleander Avenue #204

Chicago, Illinois 60634
Closed / MLS #11256061 / Condo / Dunning
Listing information updated 12/13/2021 at 8:23am
Welcome home to a rarely available, top-floor unit in an excellent area! Walk into a very spacious living room area highlighted by large, south facing windows for that crisp, natural sunlight as well as a private balcony: all while overlooking a pretty courtyard! Relax on your balcony. Or barbeque on it. Furthermore, the living room area opens up to a large, galley kitchen with a comfortably sized eat-in area characterized by north facing windows for additional light exposure. This unit also features two very spacious bedrooms with ample closet space. There is a full bathroom nestled between both bedrooms, which adds to this intelligently designed floor plan. There is also a spotless laundry room facility on the first floor and there is hardly ever a waiting line to use the washer or dryer; all machines are coin-operated at just $0.75 per load. This unit also comes with one exterior unassigned parking space and there is ample parking on Oleander and/or Addison at no additional cost. Own for less than rent! You can also rent this unit without restriction. FINANCING: Put down a 5% (or $7,750) at a $155,000 purchase price for a payment of approximately $1,203 per month at a 3% interest rate given a 740+ FICO score; this mortgage payment of $1,203 per month is based on a realistic and worst-case scenario property tax bill of $2,875 per year with a homeowners exemption along with a $266 monthly HOA payment, a $35 per month insurance bill and a $42 per month mortgage insurance premium. Or, put down 20% (or $31,000) for an approximate $1,063 mortgage payment. Please consult your loan officer for confirmation. RENTALS: A 2-bedroom, 1-bathroom unit at 7817 Belmont (Unit 2) rented for $1,395 per month. Please ask your agent to pull MLS# 10688173. Additionally, a 2-bedroom, 1-bathroom unit at 7701 Belmont (Unit 1) rented for $1,395 per month. Please ask your agent to pull MLS# 10954931. In short, you can easily expect to rent this unit for $1,400 per month after its rehab and earn nearly $175 per month in free cash flow, which comes out to $2,100 per year in positive cash flow. Easy to show. Close to plentiful shopping and restaurants, Kennedy Expressway, O'Hare Airport and much more. Easy to show!

Full Features

Exterior Type:
Brick
Basement:
None
Beds Above Grade:
2
Cooling System:
Window/Wall Units - 2
Heating System:
Natural Gas, Steam, Baseboard
Appliances:
Range, Refrigerator
Main Level Primary Bedroom:
Yes
Fireplace:
No
Pool:
No
Age:
61-70 Years
Roof Type:
Rubber
Parking Type:
Space/s - Assigned
Parking Spaces:
1
Room Count:
5
Water Front:
No
Square Feet:
1,000
Pet Information:
Cats OK, Dogs OK, Number Limit
Common Area Amenities:
Coin Laundry, Storage
Internal Features:
Storage
External Features:
Balcony, Storms/Screens

Room Information

Living Room:
15x20 - Main
Dining Room:
combo - Main
Kitchen:
10x20 - Main
Primary Bedroom:
11x16 - Main Level
2nd Bedroom:
10x13 - Main

Taxes & Assessments

Tax Amount:
$89
Tax Year:
2020
Assessments:
$266 / month

Location

Zip Code:
60634
City:
Chicago
County:
Cook

Schools

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

Listing Office: Peter Drossos Real Estate

Listing Office Phone: 773.593.5626

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 12/13/2021 at 8:23am. 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.


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3552 N Oleander Avenue #204 is a condo which sold for $142,500. 3552 N Oleander Avenue #204 features 2 Beds, 1 Bath. This condo has been listed on @properties since October 26th, 2021 and was built in 1960.