1806 N Mobile Avenue
Chicago, IL 60639

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $350,000

About this home

Nestled in the sought-after Galewood neighborhood of Austin in Chicago, this well-maintained 2-unit property presents an enticing opportunity for both investors and owner-occupants alike. Situated on a desirable block, this move-in-ready residence offers the perfect balance of convenience and investment potential. The second-floor unit is ready for immediate occupancy, providing a comfortable and stylish living space for the owner. Meanwhile, the first-floor unit already boasts a reliable tenant, offering a fantastic income stream from day one. The property's partially finished basement adds a unique dimension to the home, providing the potential for expansion or a duplex-down option from the first floor. This versatile space opens up possibilities for additional living areas or recreational spaces. With its prime location and the flexibility to customize, this property is a rare find in the Galewood neighborhood - a true gem for those seeking both a home and an investment. Don't miss out on the chance to make this property yours and capitalize on the potential it holds. Schedule a showing today! Sold AS-IS.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1925
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2022
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Corporate Limits Chicago
Directions South on N Mobile Ave
Elementary Sch Dist 299
Heat/Fuel Radiant, Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Partially Finished
Bath Amenities Soaking Tub
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 12
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 6
Tenant Pays Electric,Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Rooms Total 5
Tenant Pays Electric,Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 4531 SQ. FT.
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13323020310000
Special Assessments N
Taxes $3,260
Tax Exemptions Homeowner, Senior
Tax Year 2022
$350,000 Listing Price:
MLS # 11971527
Investment Profile Residential Income
Listing Market Time 66 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 02/02/2024
Year Built 1925
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