3422 Hamlin Avenue, Avondale, Chicago, Illinois 60618


$482,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1931
Property Taxes: $5,659
Days On Market: 2002
Lot Size: 0,07
Map
Street View

Description

Wonderful, well-cared for brick 2 Flat in Avondale. Incredible opportunity for investors and owner-occupied buyers as the property provides a strong cashflow, has a cap rate of 5.7%, and a healthy debt service coverage. The property features 3 units: A second floor 2 bed, 1 bath, and a heated enclosed porch/third bedroom unit, a first floor 2 bed, 1 bath unit, and a garden studio unit. The second and first floor units feature an eat in kitchen with a dishwasher, newer bathroom, hardwood floors, new stovetop, and lovely woodwork. The first floor unit has brand new hardwood floors in the living room. There is a new washer/dryer (free) shared between all units in the basement of the building along with tons of storage. The property has a large backyard that is perfect for hosting friends and a 2-car garage off the alley. Location is prime as the property is less than a 5-minute walk to the Addison Blue Line, less than a 5-minute drive to the Kennedy Expressway, Jewel Osco and Target. Close proximity to great local restaurants including Smoque BBQ, Honey Butter Fried Chicken, and many other hot spots. Easy street permit parking available. Located in a friendly neighborhood.

Property Specifics

Multi-unit
1931
Full
No
0.07
Cook
— / —
Lake Michigan,Public
Public Sewer
10670786
13233120330000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Reilly Elementary School
299
Middle School
Schurz High School
299 Not in DB
High School
Schurz High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
6 Nov, 2015 Sold $390,000 MRED MLS
23 Sep, 2015 Under contract $399,000 MRED MLS
17 Sep, 2015 Listed for sale $399,000 MRED MLS
17 Aug, 2020 Sold $482,000 MRED MLS
22 Jun, 2020 Under contract $482,000 MRED MLS
Last price change $483,000 MRED MLS
18 Mar, 2020 Listed for sale $484,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Finished

Other Specifics

2
25 X 125
Not in DB

Tax History

Year Property Taxes
2015 $4,459
2020 $5,659

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Contact Agent

Listing Provided By

Coldwell Banker Residential