344 S Hamlin Boulevard
Chicago, IL 60624

Status: Sold
Multi Family
18 beds
0 baths
0 sq.ft
Listing Price: $615,000

About this home

LEGAL 4 UNIT! Gorgeous Garfield Park 3-unit Greystone with coach house and vacant lot. Lot size is enormous 75x150. Each individual unit has their own furnace and water heater. Great potential here for growth both with the lot size, rents and the number of units. Building is fully rented. Income information is accurate. Units are huge with 2 baths each, coach house is 4-bedroom 2 bath. Agent and owner make no representation of garden apartment (5th unit). Super deal here, don't miss out! Lot sizes and info: 16141110310000 37.5x150 (taxes $7624) 16141110300000 12.5x150 (taxes $444). Survey and zoning in additional comments. Sale includes all 3 lots (75x150). Seller nor broker represent the legality of the garden apartment. Zoning is RM-5

Property details

Property / Lot Details
Acreage 0.12
Lot Dimensions 75X150
Lot Size Oversized Chicago Lot
Model GREYSTONE
Ownership Fee Simple
Type Unit 4 Flat, Coach House
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 Yes
Approx Year Built 1903
Exterior Building Type Brick
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Garfield Park
Zoning Type MULTI
Corporate Limits Chicago
Directions WEST ON JACKSON N ON HAMLIN TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 18
Bedrooms Possible 18
Baths Count 10
Full Baths in Building Count 6
Half Baths in Building Count 4
Total Rooms 33
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 1650
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date M/M
Rooms Total 6
Security Deposit 00
Tenant Pays All
Floor Number C
unit 2
Beds Total 4
Baths Total 2
Actual Rent 1200
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date M/M
Rooms Total 7
Tenant Pays All
Floor Number 2
unit 3
Beds Total 4
Baths Total 2
Actual Rent 1700
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date M/M
Rooms Total 7
Tenant Pays All
Floor Number 3
unit 4
Beds Total 4
Baths Total 2
Actual Rent 1700
Appliances And Features Stove, Refrigerator
Full Baths Total 2
Lease Expiration Date MTM
Rooms Total 8
Tenant Pays All
Floor Number C

Financials

ElectricExpense 720
Electric Expense Source Owner Projection
Financing Conventional
Fuel Expense $900
Fuel Expense Source Actual
Gross Rental Income $77,700
Insurance Expense $3,900
Insurance Expense Source Actual
Net Oper Income $61,291
Other Addl Income Coin Laundry
Rental Income 6475
Investment Profile Residential Income
Water Expense $4,100

Tax/Assessments/Liens

PIN 16141110310000
Special Assessments N
Taxes $9,280
Tax Exemptions None
Tax Year 2022
$615,000 Listing Price:
MLS # 11974537
Investment Profile Residential Income
Listing Market Time 122 days
Basement Full
Type Unit 4 Flat, Coach House
Number of Units in Building 4
Parking None
List Date 02/05/2024
Year Built 1903
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