3502 Palmer Street, Logan Square, Chicago, Illinois 60647
$570,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1890 |
| Property Taxes: | $4,486 |
| Days On Market: | 1504 |
| Lot Size: | 0,07 |
Description
Beautifully maintained and updated 2 Flat with finished attic and 2 car garage in HOT Logan Square. Building features newer roof on main house and garage, newer windows and exterior doors, newer siding, newer cement walkways, gas forced heat, central air and sump pump/exterior drainage system. 1st floor unit has separate entrance, 3 beds, 1 updated bath, living room, dining room, eat in kitchen w/stainless appliances, private laundry room and access to patio and fenced in yard. 2nd floor owners unit has central AC, 10' ceilings, hardwood floors throughout, 3 beds (WIC in primary bedroom), 1 updated bath, eat in stainless steel kitchen with island, private laundry room and private deck. Finished attic is a great in-law suite with gas heat, 1 bedroom, living room, large kitchen and two additional rooms. Each apartment has separate utilities and there are no common spaces so annual operating expenses are minimal. This turn-key property is a MONEY MAKER! Est Cap Rate of 7.17% and COC of 11.94%. The property is in the ADU zone for Logan Square so new owner can apply for attic to be an ADU.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1890 | |
| None | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 11219716 | |
| 13352130260000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 5 Nov, 2021 | Sold | $570,000 | MRED MLS |
| 4 Oct, 2021 | Under contract | $574,900 | MRED MLS |
| 15 Sep, 2021 | Listed for sale | $574,900 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: None
Other Specifics
| 2 | |
| Concrete Perimeter | |
| — | |
| Balcony, Deck, Patio, Porch, Stamped Concrete Patio, Storms/Screens | |
| — | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Curbs, Sidewalks, Street Lights | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $4,486 |
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