3649 Marshfield Avenue, Lake View, Chicago, Illinois 60613
$885,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $11,590 |
| Days On Market: | 1159 |
| Lot Size: | 0,00 |
Description
Outstanding investment or live-in investor opportunity awaits in unbeatable Southport Corridor/Lakeview location! Over 7.3% cap rate! This is a perfect alternative to a single-family home, choose your renter, and live mortgage free with all the luxuries of single-family home living! With over a 7.3% cap rate, this 3-story 2- flat on a quiet, tree-lined street is comprised of two huge duplexes, a 3 bed/3 bath duplex up, and a 3 bed/2 bath duplex down that are fully move-in ready and always easy to rent! Each unit features open living and dining with hardwood floors, in-unit laundry, granite counters, newer stainless steel appliances, central heat/air, large private decks for grilling and entertaining, as well as a shared yard and 2 car garage! Both units were recently painted and have brand new carpeting. Building currently generates great rents, but still offers many value-add opportunities with minimal cosmetic updates. Perfect for the investor looking for an instant income producer, single-family alternative, or a live-in owner who can have tenants pay your mortgage! Walk to all of the shops, dining, nightlife, as well as public transportation that Southport Corridor has to offer including Crosby's Kitchen, Coda di Volpe, Tuco and Blondie, Amazon Books, Athleta, SEPHORA, as well as the Southport or Paulina brown line and Jewel Osco. This is exactly the opportunity you've been waiting for! Priced to sell! Current duplex down was rented for $3000. Other unit was previously rented for $3400.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1910 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11627147 | |
| 14192320030000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Hamilton Elementary School |
299 | — | |
|
High School
Lake View High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 21 Sep, 2021 | Sold | $950,000 | MRED MLS |
| 27 Jun, 2021 | Under contract | $950,000 | MRED MLS |
| — | Last price change | $985,000 | MRED MLS |
| 6 Apr, 2021 | Listed for sale | $985,000 | MRED MLS |
| 10 Jan, 2023 | Sold | $885,000 | MRED MLS |
| 5 Oct, 2022 | Under contract | $900,000 | MRED MLS |
| 12 Sep, 2022 | Listed for sale | $900,000 | 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: 5
Bathroom Amenities: Double Sink
Bathroom in Basement: —
Rooms: —
Basement Description: Finished,Rec/Family Area,Sleeping Area,Storage Space
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $13,382 |
| 2023 | $11,590 |
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