2020 N Kilbourn Avenue
Chicago, IL 60639

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $419,900

About this home

Nestled in the vibrant heart of Chicago's Hermosa Neighborhood, this multifamily residence presents an enticing investment opportunity for both investors and homeowners. The property features practical amenities such as coined laundry facility, a privately fenced backyard ideal for outdoor activities, and a spacious carport. For investors, the strong rental demand in the area makes this property an attractive choice. It's also a turnkey investment, ready for immediate occupancy or rental. Homeowners can benefit from a live-in investment, offsetting mortgage payments by renting out the other unit. The classic architecture blends seamlessly with modern living conveniences, providing a unique experience. Newer roof (2023), siding (2023), water heater (2022), electrical panel with 200-amp service (2021), windows (2017), iron gate fence, privacy-fence, and landscaping (2021), and cement patio (2021). Situated in one of Chicago's most sought-after locations, this property promises a exceptional opportunity.

Property details

Property / Lot Details
Acreage 0.07
Deconversion N
Lot Dimensions 25' X 125'
Lot Description Fenced Yard
Lot Size Standard Chicago Lot
Ownership Fee Simple
Style of House A-Frame
Type Unit 2 Flat
Number Of Units in Building 2
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 1906
Parking Total 2
Exterior Building Type Aluminum Siding, Frame
Exterior Property Features Storms/Screens
Foundation Concrete Perimeter
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
Virtual Tour Date 08/19/2024 5:37 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Hermosa
Zoning Type MULTI
Corporate Limits Chicago
Directions Armitage to Kilbourn, north to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Radiator(s)
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1200
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 800
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1200
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 900

Financials

Financing FHA
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13341270280000
Special Assessments N
Taxes $4,870
Tax Exemptions None
Tax Year 2023
$419,900 Listing Price:
MLS # 12138280
Investment Profile Residential Income
Listing Market Time 120 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 08/19/2024
Year Built 1906
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