2928 Mango Avenue, Belmont Cragin, Chicago, Illinois 60634
$595,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1929 |
| Property Taxes: | $6,129 |
| Days On Market: | 371 |
| Lot Size: | 0,00 |
Description
**Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago** Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: - **Large, Well-Maintained Traditional Chicago Yellow Brick Building:** Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. - **Spacious Units with Elegant Features:** Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. - **Modern Kitchens and Bathrooms:** Both units offer large eat-in kitchens with plenty of cabin ets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. - **Comfortable Living Spaces:** The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. - **Income-Generating Garage and Impressive Financials:** The two-car garage is currently leased for extra rental income, and with an Operating Income (NOI) of 58,000 per year, this property promises strong returns on investment. - **Fully Finished Basement:** Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. - **Recent Upgrades:** The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. - **Prime Location:** Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1929 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
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| — / — | |
| — | |
| — | |
| — | |
| 12208136 | |
| 13292200260000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 9 Apr, 2009 | Sold | $271,000 | MRED MLS |
| 11 Mar, 2009 | Under contract | $270,000 | MRED MLS |
| — | Last price change | $350,000 | MRED MLS |
| 10 Feb, 2009 | Listed for sale | $350,000 | MRED MLS |
| 10 Feb, 2023 | Sold | $479,000 | MRED MLS |
| 13 Jan, 2023 | Under contract | $489,900 | MRED MLS |
| 29 Dec, 2022 | Listed for sale | $489,900 | MRED MLS |
| 3 Feb, 2025 | Sold | $595,000 | MRED MLS |
| 27 Dec, 2024 | Under contract | $625,000 | MRED MLS |
| 11 Nov, 2024 | Listed for sale | $625,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: Accessible Shower
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
| 2 | |
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| — | |
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| 25 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $5 |
| 2023 | $5,836 |
| 2025 | $6,129 |
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