3271 S Bell Avenue
Chicago, IL 60608

Status: Active Under Contract
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $649,990
Gallery single image view Gallery grid view Street view Map view

About this home

All-brick, large legal 4-flat located in the best block of McKinley Park! Each unit offers approximately 1, 000 sq ft of space, 2 generously-sized bedrooms, 1 bathroom, spacious living room, kitchen, dining room, central heat/air, and high ceilings. Many updates: newer south/west and garage brick walls from 2015, newer parapet wall from 2021, completed tear-off roof from 2021, newer tuckpointed north wall from 2021, newer hot water tanks (2F and 2R) from 2022, newer central heat and air. Oversized brick 2 car garage. Conveniently located: 2 blocks to Orange Line, Bus #62/49/35/50, Target, Starbucks, Cermak Produce, Jewel, restaurants, 64-acre McKinley Park. Easy access to I-55/90/94. Minutes to downtown, Chinatown, lakefront, and more. Great investment opportunity with best cash flow! Fully-leased property with monthly rent at $5, 255, or projected rent at $5, 730/month, or $68, 760/year. Huge upside! Easy to rent; 0% vacancy!

Property details

Property / Lot Details
Acreage 0.06
Lot Dimensions 25 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1895
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - McKinley Park
Zoning Type MULTI
Corporate Limits Chicago
Directions north/south on Western to 33rd St, east to Bell, 1-way south to property.
Elementary School Everett Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Kelly High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Evergreen Academy Elementary Sch
Jr High/Middle Dist 299
Township South Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 20
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1175
Appliances And Features Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 06/25
Rooms Total 5
Security Deposit 975
Tenant Pays Other
Floor Number 1
Square Feet 1000
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1300
Appliances And Features Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 07/25
Rooms Total 5
Security Deposit 1300
Tenant Pays Other
Floor Number 1
Square Feet 1000
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1225
Appliances And Features Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 09/25
Rooms Total 5
Security Deposit 1050
Tenant Pays Other
Floor Number 2
Square Feet 1000
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1325
Appliances And Features Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 08/25
Rooms Total 5
Security Deposit 1300
Tenant Pays Other
Floor Number 2
Square Feet 1000

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 17311060170000
Special Assessments N
Taxes $6,752
Tax Year 2023
$649,990 Listing Price:
MLS # 12166055
Investment Profile Residential Income
Listing Market Time 9 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Garage
List Date 09/18/2024
Year Built 1895
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...