3601 N Sacramento Avenue
Chicago, IL 60618

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $475,000

About this home

Investment opportunity in the highly desired East Irving Park location! This legal 2-flat offers two units along with a spacious basement. The first unit, situated on the main floor, features 3 generously sized bedrooms and 1 bathroom, while the second unit, on the 2nd floor, offers 2 comfortable bedrooms and 1 bathroom. Each unit is equipped with its own individual Gas and Electric meters with efficient and separate forced central heat. The property's prime location is truly a gem, with easy access to everything Irving Park has to offer, including an array of restaurants, nearby parks, reputable schools, a newly established LA Fitness center, shopping venues, the iconic Wrigley Field, convenient access to CTA and Metra transportation, and swift routes via the I-90 and I-94 expressways. For added convenience, there is a washer and dryer hookup available in the full, finished basement, along with dedicated storage rooms for each unit and the third full bath. In the rear of the property, you'll find a spacious 2-car parking pad with off-street access and plenty of room to build a spacious new garage. The lot size measures a substantial 36 x 125 and offers 4500 sqft of space. Perfect for a savvy investor, or owner occupant who wants to duplex down and offset the mortgage with rental income. Previously zoned as a SFH but currently zoned as a 2-flat there is potential to rehab and convert it back into a dream come true single family home. Neighboring SFH rehabbed homes selling for well over $1M. Current taxes do not reflect any exemptions which can offer additional savings for an owner occupant. Don't miss the opportunity to own this remarkable property offering endless possibilities in a highly sought-after location!

Property details

Property / Lot Details
Acreage 0.1
Lot Dimensions 36X126
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
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1910
Parking Total 2
Exterior Building Type Vinyl Siding
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
MRD Virtual Tour None
Virtual Tour Date 11/30/2023 4:06 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Irving Park
Corporate Limits Chicago
Directions Property located on the corner of Addison St and Sacramento Ave
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 3
Full Baths in Building Count 3
Total Rooms 9
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date VCNT
Rooms Total 5
Security Deposit VCNT
Tenant Pays None
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date VCNT
Rooms Total 4
Security Deposit VCNT
Tenant Pays None
Floor Number 2

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13241280210000
Special Assessments N
Taxes $9,496
Tax Year 2022
$475,000 Listing Price:
MLS # 11939091
Investment Profile Residential Income
Listing Market Time 51 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 11/29/2023
Year Built 1910
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