$349,900

beds

baths

3707 S Michigan Avenue

Chicago, Illinois 60653

Active / MLS #12049861 / Multiple Unit (2-4) / Douglas

Listing information updated 5/13/2024 at 12:23am

DON'T MISS AN OPPORTUNITY TO PURCHASE A LEGAL 2-UNIT BUILDING WITH AN ADDITIONAL GARDEN UNIT IN A RED HOT AREA. EACH UPDATED UNIT IN THIS BUILDING IS RENTAL READY AND FEATURES 3 BEDROOMS AND 1 FULL BATH. LOTS OF RECENT EXTERIOR / INTERIOR IMPROVEMENTS. THE GARDEN UNIT CAN BE USED TO RENT OUT FOR ADDITIONAL INCOME OR USED FOR IN-LAW LIVING AS WELL. SEPARATE UTILITIES INCLUDING 2 CENTRAL AC UNITS EACH FOR 1ST AND 2ND FLOOR UNITS. INVESTMENT RETURN ON ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT APARTMENTS IS EXTREMELY HIGH! IT'S ALSO A LUCRATIVE BUSINESS OPPORTUNITY FOR AIRBNB. PROPERTY IS CLOSE TO THE RED LINE AND GREEN LINE, GUARANTEED RATE FIELD - CHICAGO WHITE SOX, SOLDIER FIELD - CHICAGO BEARS, MCCORMICK PLACE, SHEDD AQUARIUM, ADLER PLANETARIUM, CHINATOWN, AND ALL MAJOR BEACHES. LOW REAL ESTATE TAXES & NO HOA FEES.

Full Features

Exterior Type:

Brick

Basement:

Finished

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

71-80 Years

Roof Type:

Flat

Parking Type:

None

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$3,949

Tax Year:

2022

Location

Zip Code:

60653

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: HomeSmart Realty Group

Listing Office Phone: 708.320.0002

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 5/13/2024 at 12:23am. 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.

Douglas, IL

Douglas is a neighborhood steeped in history. Before there was a thriving community within this picturesque neighborhood, the land was purchased by a speculator and later used as a Union training camp during the Civil War. Today, the area has undergone a revitalization and has many condominiums and...

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CTA

Green line at Indiana

CTA

Red line at Sox/35th

$263,007

Average Sale Price

100

Average Days On The Market

95%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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Popular Neighborhoods near Douglas, IL

3707 S Michigan Avenue is a multiple unit (2-4) currently listed at $349,900. 3707 S Michigan Avenue features 6 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties since May 7th, 2024 and was built in 1948. The nearest transit stops include Indiana CTA Green line.