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2955 N Spaulding Ave
Chicago, IL 60618
Multifamily Property For Sale
·
7 Units
EXECUTIVE SUMMARY
Avondale 7-Unit. This well-maintained property offers a diverse mix of apartments, including a spacious four-bedroom duplex-up, three two-bed/one-bath units, two one-bed/one-bath units, and a garden apartment that also leases the attached coach house. Together, they provide over 7,000 sq. ft. of rentable space across a 3&1/2-story all-brick front building and a single-story all-brick coach house. Each unit features refinished hardwood floors, updated kitchens and baths, and individual gas heat and hot water tanks. Four units enjoy private in-unit laundry, while additional common laundry is available in the basement. The property has benefited from significant recent capital improvements, including a new sewer connection (2022), gutters (2021), basement sump pump and flood prevention system (2020), and new basement windows (2020). Ideally located just two blocks from the Blue Line and steps from the heart of Logan Square's dining and entertainment scene, this property consistently attracts tenants. A strong cash-flowing investment in one of Chicago's most in-demand neighborhoods.
PROPERTY FACTS
| Price Per Unit | $228,571 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 7 | Building Size | 5,500 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1886 |
| Apartment Style | Low-Rise | ||
| Zoning | RS-3 | ||
| Price Per Unit | $228,571 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,500 SF |
| No. Stories | 3 |
| Year Built | 1886 |
| Zoning | RS-3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,425 | - |
| 2+1.5 | 4 | $1,525 | - |
| 4+2 | 1 | $3,000 | - |
PROPERTY TAXES
| Parcel Number | 13-26-220-002-0000 | Improvements Assessment | $41,736 |
| Land Assessment | $12,841 | Total Assessment | $54,577 |
PROPERTY TAXES
Parcel Number
13-26-220-002-0000
Land Assessment
$12,841
Improvements Assessment
$41,736
Total Assessment
$54,577
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