2239 Fullerton Avenue, Logan Square, Chicago, Illinois 60647
$568,500
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 3 |
| Year Built: | 1900 |
| Property Taxes: | $9,774 |
| Days On Market: | 1888 |
| Lot Size: | 0,05 |
Description
Do the math... 23% ROI (continue reading to the end for additional financial analysis). Ideal property for live-in owner or investor to get a great deal for a renovated turnkey building featuring a large duplex down (3) bedroom (2) bathroom unit and a (2) bedroom unit on the second floor. The large duplex down is currently available for a live-in owner. Don't miss this opportunity to acquire a prime income-producing property at historically low-interest rates in a rapidly appreciating area. Both units are condo quality offering: in-unit laundry, modern kitchens, luxurious bathrooms with radiant floor heat, hardwood floors, and outdoor space. The tranquil landscaped backyard offers mature trees, a patio, and low maintenance slate hardscaping. The property also includes a two-car garage. Instant highway access, while still allowing an easy walk to Bucktown's best shopping, restaurants, and public transportation. Income of $4,350/month with expenses of only $2,934/ month (expenses assumptions: 20% down payment, 3% interest rate, 30-year term, Taxes $9,774 & insurance $2,000 annually). 23% ROI analysis... Annual cash flow $16,992 + year one principal paydown of $9,670 = year one total return of $26,662... 23% ROI on 20% down payment ($115,800).
Property Specifics
| Multi-unit | |
| — | |
| Other | |
| 1900 | |
| Full,Walkout | |
| — | |
| No | |
| 0.05 |
| Cook | |
| Logan Square | |
| — / — | |
| — | |
| Lake Michigan,Public | |
| Public Sewer, Sewer-Storm | |
| 10959615 | |
| 14311010080000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 10 Jul, 2015 | Sold | $301,000 | MRED MLS |
| 4 Jun, 2015 | Under contract | $309,900 | MRED MLS |
| — | Last price change | $325,000 | MRED MLS |
| 7 May, 2015 | Listed for sale | $330,000 | MRED MLS |
| 25 Feb, 2021 | Sold | $568,500 | MRED MLS |
| 4 Jan, 2021 | Under contract | $579,000 | MRED MLS |
| 28 Dec, 2020 | Listed for sale | $579,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished,Exterior Access
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| Fenced Yard,Landscaped | |
| 24 X 100 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Park, Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $7,141 |
| 2021 | $9,774 |
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Listing Provided By
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