3138 N Luna Avenue
Chicago, IL 60641

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $450,000
Gallery single image view Gallery grid view Street view Map view

About this home

2-unit Income Generating property near Belmont & Central offers a 3 car garage and some newer mechanicals. Both units are currently rented month-to-month way below market so there's lots of potential here! Finished basement includes a large common rec room area with additional sleeping space, bathroom, small kitchenette, storage area, and laundry equipment. This is not a separate standalone apartment but would be an ideal private space to host guests or for an multi-generational type living arrangement. Each unit has its own HVAC system with gas/forced air and central air, plus their own water heaters. Tenant pays gas and electric. New Electrical Panels in 2023, one water heater new in 2024, the other 2022, first floor electric oven replaced in 2022, and one of the washing machines new in 2023. Great addition of a new, brick 3-car garage includes a storage loft! Super convenient location near tons of shopping and dining options, CTA lines, local library branch, and several schools.

Property details

Property / Lot Details
Acreage 0.08
Lot Dimensions 30 X 126
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Interior Features
Additional Rooms Recreation Room
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 9
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1000
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Garage/Space, Laundry Hook-Up
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit 1000
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 1244
unit 2
Beds Total 2
Baths Total 1
Actual Rent 900
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Garage/Space, Laundry Hook-Up
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit 900
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1077
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1923
Parking Total 3
Exterior Building Type Brick
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Belmont Cragin
Corporate Limits Chicago
Directions Belmont Ave W of Cicero L on N Luna Ave
Equipment TV-Dish, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
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

Financials

Financing Conventional
Gross Rental Income $22,800
Insurance Expense $1,554
Insurance Expense Source Actual
Net Oper Income $16,540
Rental Income 22800
Scavenger Expense $228
Investment Profile Residential Income
Water Expense $973

Tax/Assessments/Liens

PIN 13281000280000
Special Assessments U
Taxes $3,505
Tax Year 2022
$450,000 Listing Price:
MLS # 12021951
Investment Profile Residential Income
Listing Market Time 43 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 04/11/2024
Year Built 1923
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...