1530 S Spaulding Avenue
Chicago, IL 60623

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $499,900
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About this home

FULLY RENTED! Lease through Sep/2024! Instant income generating property! All three floors have been recently updated and are in move-in-ready condition! NEW! Roof, Windows, Doors, and Plumbing, and new back porch. Updated Kitchen and Baths, Shaker style cabinets, and Granet countertops in all units. This is a GREAT investment for the owner-occupant or savvy investor with multiple paying rents in the building. Investment Opportunity? Live in one of the units and rent the others. Get Top rents for these units for sure!! The 1st and 2nd floors have 2BD/1BA. The 3rd-floor unit is also has 3BD/1BA. All units have separate HVAC systems! Laundry facility in the basement outside the 1st floor unit. All units have spacious open floor plans and hardwood floors throughout, ceramic tile in the kitchen. Turn-key ready for your new tenant/tenants!! Tastefully landscaping in the backyard. Fully paved parking area and full gate and fence. The property & and location can't be beat! A very nice block and pride in homeownership is evident as you drive up to this home. Walk to the parks, schools, shopping, public transportation, and much more...

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1907
Parking Total 3
Exterior Building Type Brick
Parking Features Unassigned, Off Alley, Alley Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2023
MRD Virtual Tour Image360
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - North Lawndale
Zoning Type MULTI
Corporate Limits Chicago
Directions East of West on 16th Street to Spaulding Ave. North on Spaulding Ave to PROPERTY: 1530 South
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full ,Walkout
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 3
Full Baths in Building Count 3
Total Rooms 16
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1950
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 5
Security Deposit 1950
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
Square Feet 1000
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1950
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 5
Security Deposit 1950
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
Square Feet 1000
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1950
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 6
Security Deposit 1950
Tenant Pays All, Electric, Gas, Heat
Floor Number 3
Square Feet 1000
Property / Lot Details
Lot Dimensions 3125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Greystone
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16232270320000
Special Assessments N
Taxes $999
Tax Year 2022
$499,900 Listing Price:
MLS # 12069658
Investment Profile Residential Income
Listing Market Time 24 days
Basement Full ,Walkout
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 05/30/2024
Year Built 1907
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