1620 N SPAULDING Avenue
Chicago, IL 60647

Status: Active
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $999,500

About this home

Fantastic arm chair investment located in Hot Humboldt Park! LEGAL four unit recently fully rehabbed building including: Kitchens, Baths, HVAC, Electric, Plumbing, Porches, Siding, Roof, the list goes on. All units are 2 bed/1bath featuring stainless steel appliances, quartz countertops, hardwood floors, & great ceiling height. All separate utilities and have separate furnaces, AC condensers and water heaters. Coin laundry in basement. 177 ft deep lot fully fenced lot with shared yard/patio for the tenants to enjoy. Parking pad in rear. All units have the same finishes. Building is fully leased - 1R & 2R under market rent due to long term tenants.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1891
Parking Total 3
Exterior Building Type Vinyl Siding, Frame
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2014
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - Humboldt Park
Zoning Type MULTI
Corporate Limits Chicago
Directions North Ave West to Kimball, south to Wabansia then east to spaulding and head south (one way).
Elementary School Stowe Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Clemente Community Academy Senio
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Stowe Elementary School
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 16
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1450
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 05/25
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 04/25
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1375
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 06/25
Rooms Total 4
Security Deposit 00
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 06/25
Rooms Total 4
Security Deposit 00
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Deconversion N
Lot Dimensions 25X177
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House American 4-Sq.
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Gross Rental Income $69,500
Insurance Expense $2,715
Insurance Expense Source Actual
Investment Profile Residential Income
Water Expense $1,500

Tax/Assessments/Liens

PIN 13354210310000
Special Assessments N
Taxes $5,965
Tax Exemptions None
Tax Year 2022
$999,500 Listing Price:
MLS # 11995646
Investment Profile Residential Income
Listing Market Time 32 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Space/s
List Date 04/17/2024
Year Built 1891
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...