2538-2540 S Spaulding Avenue
Chicago, IL 60623

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $249,000
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About this home

Investor's Dream in the Heart of Little Village! Welcome to an exceptional opportunity for investors looking to make a mark in the thriving Little Village neighborhood! 4-unit in need of total rehab with newer garage and extra adjacent lot with another garage for a total of 2 garages providing versatility and added value. The strategic location and multiple units make this property an ideal candidate for rental income. Take advantage of the rental market in Little Village and maximize your returns. Situated in the heart of Little Village, this property is conveniently located near shopping centers and transportation and all that La Villita has to offer. Don't miss out on this chance to be part of one of Chicago's most vibrant neighborhoods. An investor's delight awaiting transformation! This is a golden opportunity for cash buyers who understand the potential of a well-executed rehab project. The property is offered Cash Only and As Is.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1900
Parking Total 4
Exterior Building Type Brick
Garage Details Garage Door Opener(s), Transmitter(s), Multiple Garages
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 4
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - South Lawndale
Zoning Type MULTI
Corporate Limits Chicago
Directions 26STH ST TO SPAULDING AVE NORTH TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
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
Appliances And Features None
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 6125
Lot Size Less Than .25 Acre
Other Structures Garage(s)
Ownership Fee Simple
Type Unit 4 Flat, 2 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 16262290370000
Special Assessments N
Taxes $4,646
Tax Year 2021
$249,000 Listing Price:
MLS # 11968710
Investment Profile Residential Income
Listing Market Time 87 days
Basement None
Type Unit 4 Flat, 2 Story Unit/s
Number of Units in Building 4
Parking Garage
List Date 01/26/2024
Year Built 1900
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