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    3319 W Belden Avenue

    Chicago, IL 60647
    • $875,000
    • STATUS: Active Under Contract
    • ON SITE: 55 days
    • MLS #: 11113699
    Under Contract
    UPDATED: 31 min ago
    $875,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Information

    Elementary School:
    Middle School:
    School District:
    299

    Description

    LOGAN SQUARE: Rarely available beautiful vintage brick 4 flat on oversized Chicago lot in a phenomenal Logan Square location with very good bones! This building generates over $80,000 in gross income per year, and the current owners have successfully year after year appealed the Real Estate taxes downward. This is a very rare opportunity to own a profitable massive 5250 sq ft building, with an additional 2500 sq ft basement. The basement provides the buyer with interesting and possible expansion abilities under the recently passed City of Chicago Additional Dwelling Units (ADU) Ordinance. Two more ideas may be to duplex the first floor 3 bedroom down to the basement, or to convert all units to condos. Original built in fireplaces, hutches and ornate tiled entry flooring. Entire property gated in with front yard professionally landscaped and a nice concrete back patio for relaxing and BBQs. Turnkey rental property with all four units rented with leases: two 3 bedroom and 1 bath, and two 1 bedroom and 1 bath. All 4 units have walk in closets and pantries with built in drawers. There are separate stairwells for the front and back units and both include huge enclosed back porches. Coin operated washer and dryer generates $100 per month and the two car garage brings in $350 per month. Tuckpointed in 2015, Concrete Patio added in 2012, New front door in 2011, Roof completed in 2009, and New side porch 2008. Walk to CTA Blue Line, Beautiful Neighborhood Parks, Grocery Stores, Restaurants & Nightlife! Agents to accompany all viewings. Floor Plans attached on MRED.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T16:54:53.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3319 W Belden Avenue Chicago, IL 60647

    • Price: $875,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • MLS #: 11113699
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1913
    Built
    Neighborhood:
    Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Elementary School:
    Darwin Elementary School
    Middle School:
    Darwin Elementary School
    High School:
    Clemente Community Academy Senio
    School District:
    299
    Property Description
    LOGAN SQUARE: Rarely available beautiful vintage brick 4 flat on oversized Chicago lot in a phenomenal Logan Square location with very good bones! This building generates over $80,000 in gross income per year, and the current owners have successfully year after year appealed the Real Estate taxes downward. This is a very rare opportunity to own a profitable massive 5250 sq ft building, with an additional 2500 sq ft basement. The basement provides the buyer with interesting and possible expansion abilities under the recently passed City of Chicago Additional Dwelling Units (ADU) Ordinance. Two more ideas may be to duplex the first floor 3 bedroom down to the basement, or to convert all units to condos. Original built in fireplaces, hutches and ornate tiled entry flooring. Entire property gated in with front yard professionally landscaped and a nice concrete back patio for relaxing and BBQs. Turnkey rental property with all four units rented with leases: two 3 bedroom and 1 bath, and two 1 bedroom and 1 bath. All 4 units have walk in closets and pantries with built in drawers. There are separate stairwells for the front and back units and both include huge enclosed back porches. Coin operated washer and dryer generates $100 per month and the two car garage brings in $350 per month. Tuckpointed in 2015, Concrete Patio added in 2012, New front door in 2011, Roof completed in 2009, and New side porch 2008. Walk to CTA Blue Line, Beautiful Neighborhood Parks, Grocery Stores, Restaurants & Nightlife! Agents to accompany all viewings. Floor Plans attached on MRED.
    Exterior Features

    Exterior Building Type Brick Exterior Features Porch Foundation Details Concrete Perimeter Garage Details Garage Door Opener(S) Garage On Site Yes Garage Ownership Owned Garage Type Detached Is Parking Includedin Price Yes Number Of Cars 2 Parking Garage Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 1 Unit4 Floor Level 2 Waterfront YN No

    Interior Features

    3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement FullWalkout Basement Description Partially FinishedExterior Access Bathrooms Total Integer 5 Bedrooms Below Grade 0 Bedrooms Possible 8 Full Baths In Building 5 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating Natural Gas2+ Sep Heating SystemsIndv Controls Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 1 Number Of Rooms Unit1 6 Number Of Rooms Unit2 6 Number Of Rooms Unit3 4 Number Of Rooms Unit4 4 Rooms Total 20

    Property Features

    Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information Commuter BusCommuter TrainInterstate Access Insurance Expense 2610 Lease Exp Date Mo Yr Unit1 06/22 Lease Exp Date Mo Yr Unit2 05/22 Lease Exp Date Mo Yr Unit3 04/22 Lease Exp Date Mo Yr Unit4 04/22 Lot Size Oversized Chicago Lot Lot Size Dimensions 32.3 X 150 Model 4 UNIT New Construction YN No Other Addl Income Parking Space/S Property Sub Type 4 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 0 Security Deposit Unit2 0 Security Deposit Unit3 0 Security Deposit Unit4 0 Sewer Public Sewer Special Assessments N Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 10198.24 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Unit1 Rent 1800 Unit2 Rent 1800 Unit3 Rent 1200 Unit4 Rent 1350 Water Sewer Expense 1225 Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-02T16:54:53.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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