2036 N Spaulding Avenue
Chicago, IL 60647

Status: Sold
Multi Family
14 beds
0 baths
0 sq.ft
Listing Price: $1,200,000

About this home

Ladies and gentlemen, prepare to be enchanted as we unveil a true investment powerhouse nestled within the heart of Logan Square, a neighborhood known for its vibrant energy and eclectic charm! Behold, mere steps away from the verdant beauty of BLVD park, lies an extraordinary cash cow that defies all expectations - a Turnkey Residence/Investment beyond compare! As you step into the premises, let your senses revel in the splendor of a meticulously crafted yard, a verdant oasis that beckons you forth. But hold onto your hats, for the real magic awaits at the rear, where a sprawling expanse unveils itself, boasting not just one, not two, but a MULTI-CAR parking space - a rare treasure indeed in this bustling cityscape! Not only that, but three of those spaces are currently rented out, generating an additional $300 in income each month! But wait, dear friends, for the wonders do not end there! Imagine, if you will, a stately 2-flat building, where each floor boasts 3 spacious bedrooms and 1 bathroom, offering comfort and tranquility at every turn. But that's not all - venture down into the depths of the basement, where you'll discover a hidden gem, complete with a cozy wet bar, an additional bedroom, and a full bathroom, ready to accommodate your every need, whether it be extra living space or a sanctuary for relaxation and repose! And now, dear friends, turn your gaze towards the COACH house, a true marvel of architectural ingenuity! Within its walls reside THREE units of pure delight - two of which boast 2 beautifully updated bedrooms and 1 bath each, while the third unit dazzles with 3 commodious beds and 1 bath of its own, promising a haven of comfort and luxury for all who enter. But let us not forget the piece de resistance - a grand total of 14 BEDROOMS and 6 FULL baths, plus that additional grandfathered-in unit, poised and ready to generate serious rental income! These renovated apartments stand as a testament to craftsmanship and attention to detail, offering move-in ready accommodations that are sure to delight even the most discerning of residents. And with ample parking space (including income-producing spots!) and a sprawling yard, the possibilities are truly endless - from family gatherings to sizzling cookouts and everything in between, this is a space designed for living life to the fullest and maximizing your return on investment! So seize the moment, dear friends, and grasp hold of this unparalleled opportunity to own a piece of Logan Square's future! With income potential as vast as the sky above, and a location that's second to none, there's never been a better time to make your mark on this thriving neighborhood! Schedule your private showing today, and step into a world of endless possibilities!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1890
Parking Total 8
Exterior Building Type Combination
Exterior Property Features Deck ,Porch
Parking Features Off Alley, Alley Access, Parking Lot
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Shake
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights
Area Major CHI - Logan Square
Zoning Type COMMR
Corporate Limits Chicago
Directions West on Armitage, North on Spaulding, East of Kimball.
Elementary Sch Dist 299
Heat/Fuel Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Partially Finished
Basement Partial
Bedrooms Count 14
Bedrooms Possible 14
Baths Count 6
Full Baths in Building Count 6
Total Rooms 28
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer
Full Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 6
Security Deposit N/A
Tenant Pays All
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2300
Appliances And Features Stove, Refrigerator, Washer, Dryer
Full Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 6
Security Deposit 2300
Tenant Pays None
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 2400
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 5
Security Deposit 2400
Tenant Pays All
Floor Number 1
unit 4
Beds Total 3
Baths Total 1
Actual Rent 1850
Appliances And Features Stove, Washer, Dryer
Full Baths Total 1
Lease Expiration Date MO/MO
Rooms Total 6
Security Deposit 1850
Tenant Pays None
Floor Number 2
Property / Lot Details
Lot Dimensions 8,101 SQFT
Lot Description Fenced Yard, Pasture
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat, Coach House
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 13352330200000
Special Assessments U
Taxes $14,100
Tax Exemptions None
Tax Year 2022
$1,200,000 Listing Price:
MLS # 11982149
Investment Profile Residential Income
Listing Market Time 106 days
Basement Partial
Type Unit 2 Flat, Coach House
Number of Units in Building 4
Parking Space/s
List Date 02/15/2024
Year Built 1890
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...