1114 Albany Avenue, North Lawndale, Chicago, Illinois 60612
$370,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 3 |
| Baths: | 0 |
| Year Built: | 2005 |
| Property Taxes: | $4,542 |
| Days On Market: | 1920 |
| Lot Size: | 0,00 |
Description
***Motivated Seller*** Rare value-add opportunity to own a 2005 new construction building in Chicago's Hot East Garfield Park neighborhood. May be sold as part of a package ($1,125,000 / $375K/Building), or individually. Existing rents drastically below market and haven't been increased since 2006. Addresses Include: 3018 W Lexington St, 2949 W Arthington St, 1114 S Albany Ave, Chicago, IL 60612 Perfect for an owner occupant, or an investor. Both can take advantage of less deferred maintenance than older buildings. Condo quality construction that features 1,300 SF units: 3 bedroom/ 2 bathroom / 2 car parking. Each unit boasts hardwood flooring, fridge, stove, laundry W/D hookup, master bathroom with balcony, central AC. Buildings located just minutes from public transportation & Kedzie-Homan Blue Line Train Station (0.7 miles), & Interstate I-290. Nearby amenities include the United Center ( Home of the Chicago Bulls & Blackhawks ), University of Illinois and Illinois Medical District (IMD). The Illinois Medical District (IMD) is one of the largest urban medical districts in the U.S. and is strategically located west of Chicago's downtown core, "The Loop." This special-use zoning district consists of 560 acres of medical research facilities, laboratories, a biotech business incubator, raw development land, universities, and more than 40 healthcare-related facilities. SCB was commissioned by the Illinois Medical District leadership to develop a new master plan to guide the district development and support economic growth.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 2005 | |
| None | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan,Public | |
| Public Sewer | |
| 10804886 | |
| 16133250240000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 23 Oct, 2020 | Sold | $370,000 | MRED MLS |
| 1 Sep, 2020 | Under contract | $374,900 | MRED MLS |
| 3 Aug, 2020 | Listed for sale | $374,900 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: None
Other Specifics
| — | |
| — | |
| — | |
| — | |
| Fenced Yard | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $4,542 |
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Listing Provided By
Goldbay Advisors Inc.
