2820 N Kolmar Avenue
Chicago, IL 60641

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $650,000
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About this home

Attention investors! Seize the opportunity to own a piece of Belmont Gardens on the North side of Chicago! This multifaceted 3-unit building presents an exceptional investment opportunity with a unique blend of charm, convenience, and potential income generation. You can find this property located directly across from the esteemed Barry Elementary School, situated on a double lot with a shed and a detached garage. The unit mix is comprised of two spacious 3-bedroom, 1-bathroom units and a garden apartment with 2 bedrooms and 1 bath. The first and second floor units are currently occupied by tenants, but the garden apartment is a blank canvas that allows flexibility for new owners to live in that unit or attract new tenants enhancing this properties income potential. NEW ROOF 2024!

Property details

Property / Lot Details
Acreage 0.15
Lot Dimensions 6900 SQUARE FEET
Lot Size Source County Records
Lot Size Less Than .25 Acre
Other Structures Shed(s)
Ownership Fee Simple
Style of House Contemporary
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 61-70 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1960
Parking Total 2
Exterior Building Type Brick
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Hermosa
Corporate Limits Chicago
Directions Take Pulaski to Belmont to Kolmar
Equipment Ceiling Fan(s)
Elementary School Barry Elementary School
Elementary Sch Dist 299
Heat/Fuel Radiator(s), Baseboard
High Sch Kelvyn Park High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Barry Elementary School
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 23
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 1000
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Security Deposit 1400
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1230
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1750
Appliances And Features Stove, Refrigerator, Dishwasher
Full Baths Total 1
Lease Expiration Date 4/15
Rooms Total 6
Security Deposit 1750
Tenant Pays Electric,Gas
Floor Number 3
Square Feet 1230

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13271240130000
Special Assessments N
Taxes $8,380
Tax Year 2022
$650,000 Listing Price:
MLS # 12073560
Investment Profile Residential Income
Listing Market Time 60 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 06/03/2024
Year Built 1960
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