1827 N Kedvale Avenue
Chicago, IL 60639

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $435,000

About this home

Presenting an exceptional investment property featuring three income-generating units. The first floor offers three bedrooms and one bath, occupied by a reliable tenant whose rent is pre-paid quarterly by a trust fund organization, totaling $3, 200 every three months. The second floor accommodates a two-bedroom unit with a CHA Section 8 tenant, paying $1, 400 monthly, while the third floor features a three-bedroom unit leased to another CHA Section 8 tenant, providing $1, 600 in monthly rental income. Each unit has separate utilities and gas forced air, ensuring consistent cash flow. With all units on month-to-month leases, the new owner can choose to reside in one unit while collecting rent from the others, or continue renting all units for a profitable investment. Don't miss this opportunity to maximize your real estate investment portfolio.

Property details

Property / Lot Details
Acreage 0.1
Lot Dimensions 4687
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1895
Exterior Building Type Aluminum Siding, Vinyl Siding
Parking None
Rehab Year 2016
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Hermosa
Zoning Type MULTI
Corporate Limits Chicago
Directions GO NORTH FROM NORTH AVE TO KEDVALE. ONE WAY
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 17
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1066
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1600
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 3

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13344130020000
Special Assessments N
Taxes $4,954
Tax Year 2022
$435,000 Listing Price:
MLS # 11914079
Investment Profile Residential Income
Listing Market Time 94 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking None
List Date 10/21/2023
Year Built 1895
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