3750 N Albany Avenue

Chicago, Illinois 60618
New / MLS #12055627 / Multiple Unit (2-4) / Irving Park
Listing information updated 5/15/2024 at 9:03am
Discover a lucrative investment in one of Chicago's fastest-growing neighborhoods, Avondale. This impeccably maintained two-unit building is a revenue-generating powerhouse. The ground floor unit is a highly successful Airbnb, earning an impressive $55,000 annually. This property is perfect for investors aiming to maximize cash flow and achieve substantial income potential. Both units feature three bedrooms and one bathroom each. Recent renovations include new flooring, updated kitchens with modern appliances, and in-unit washers and dryers for tenant convenience. New water heaters, energy-efficient windows on the second floor, and a meticulously sealed roof enhance the property's long-term value and reduce maintenance costs. Both units and the detached two-car garage are equipped with Level 2 EV chargers, appealing to eco-conscious tenants and increasing rental desirability. Situated on a 25 X 125 lot in Jefferson Township, the property offers unparalleled access to public transport, expressways, the Blue Line, parks, and schools. It's a gateway to experiencing the best of Chicago, from downtown to Wrigley Field. Additional upgrades such as a crawl space encapsulation system, new water spigot, and updated siding on the garage and front porch ensure a worry-free investment. Significant updates already completed minimize future capital expenditures, enhancing net returns. 3750 N Albany Ave stands out as an exceptional opportunity for savvy investors. With its blend of modern amenities, historical charm, and high income potential, this property is positioned to deliver significant returns. Whether you're looking to expand your portfolio or seeking a dependable income-generating asset, this Avondale gem offers the perfect balance of stability and profitability.

Full Features

Exterior Type:
Aluminum Siding,Vinyl Siding
Basement:
Crawl,Other
Beds Above Grade:
6
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Parking Type:
Garage
Room Count:
12
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre

Taxes & Assessments

Tax Amount:
$6,518
Tax Year:
2022

Location

Zip Code:
60618
City:
Chicago
County:
Cook

Schools

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

Listing Office: MoHall Commerical & Urban Development

Listing Office Phone: 312.826.9925

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 5/15/2024 at 9:03am. 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.

Map of 3750 N Albany Avenue, Chicago, IL 60618

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3750 N Albany Avenue is a multiple unit (2-4) currently listed at $600,000. 3750 N Albany Avenue features 6 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties since May 14th, 2024 and was built in 1898. The nearest transit stops include Addison CTA Blue line.