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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Square
MLS Listing ID 11799860
Sold Date 07/29/23
Style Farmhouse
Bedrooms 4
Year Built 1902
Annual Tax Amount $11,836
Tax Year 2021
Lot Dimensions 40X148.50
Property Sub-Type Two to Four Units
Property Description
INVESTORS JONESING FOR CASH FLOW TWO FLAT WITH EYE ON FUTURE LAND DEVELOPMENT OR CONVERSION BACK TO A SINGLE FAMILY...HAVE A LOOK. EACH OF THE TWO LEGAL UNITS IN THIS FARMHOUSE IN LOGAN SQUARE PAYING WELL BELOW MARKET RENT OF $1650 A MONTH. SECOND FLOOR LEASE EXPIRES JUNE 30 AND FIRST FLOOR EXPIRES END OF AUGUST. IMPORTANTLY THE LOGAN SQUARE TWO FLAT IS SITUATED ON IMPOSSIBLE TO FIND WIDE AND DEEP LOT OF 40' X 148.5 (5940 SQUARE FEET) PER ATTACHED SURVEY WITH LEGAL CURB CUT ON BELDEN & DRIVEWAY WITH VERY ROUGH EXISTING TWO CAR GARAGE AT BACK OF LOT ON ALLEY. BASEMENT IS SOLID. HIGH CEILINGS IN BOTH UNITS. NEW ROOF IN 2011. RS-3 ZONING. RARE OPPORTUNITY WITH LOTS OF POTENTIAL IN A VARIETY OF WAYS.
Location
State IL
County Cook
Area Chi - Logan Square
Zoning MULTI
Rooms
Basement Walkout
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Patio
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Margaret Tange • Keller Williams ONEChicago
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Jay English
Licensed Broker & Investor | License ID: 475.212444
Licensed Broker & Investor License ID: 475.212444