3750 Albany Avenue, Irving Park, Chicago, Illinois 60618
$600,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1898 |
| Property Taxes: | $6,519 |
| Days On Market: | 447 |
| Lot Size: | 0,00 |
Description
Explore the potential of 3750 N Albany Ave, a captivating two-unit property in Chicago's vibrant Avondale neighborhood. This building offers an outstanding opportunity for both investors and house hackers. The first-floor unit, operated as a lucrative Airbnb, generates a remarkable $55,000 annually, providing a cash flow of over $4,000 per month-more than double the average rental rate for similar 3-bedroom, 1-bath units in the area. Both units in this property have been exquisitely updated to cater to modern living standards. They feature three well-appointed bedrooms, stylish bathrooms, and kitchens equipped with the latest appliances. In-unit laundry facilities add to the convenience, ensuring a comfortable living experience for tenants. Enhanced energy efficiency is guaranteed with new windows, Ducane furnaces, Rheem Performance water heaters, and Ruud AC units, all under a 10-year warranty, significantly reducing maintenance concerns. For those considering house hacking, the second unit provides a perfect residential solution. Live comfortably in one unit while benefiting from the income generated by the Airbnb-operated first-floor unit. The inclusion of a detached two-car garage, equipped with Level 2 EV chargers, further enhances the appeal for eco-conscious residents and aligns with modern urban living standards. Positioned for convenience, this property is minutes from the Kennedy Expressway and the CTA Blue Line, offering easy access to downtown Chicago and popular local attractions like Wrigley Field and Logan Square. Investing in 3750 N Albany Ave means securing a property with robust cash flow, modern amenities, and a lifestyle of convenience and luxury in one of Chicago's most sought-after neighborhoods. Schedule your visit today and discover why this Avondale gem should be your next investment or home.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1898 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12088815 | |
| 13241170240000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 31 Jan, 2014 | Sold | $185,000 | MRED MLS |
| 1 Jan, 2014 | Under contract | $165,000 | MRED MLS |
| — | Last price change | $179,900 | MRED MLS |
| 13 May, 2013 | Listed for sale | $179,900 | MRED MLS |
| 26 Jun, 2014 | Sold | $239,000 | MRED MLS |
| 3 Apr, 2014 | Under contract | $249,900 | MRED MLS |
| 25 Mar, 2014 | Listed for sale | $249,900 | MRED MLS |
| 13 Oct, 2016 | Sold | $310,000 | MRED MLS |
| 4 Aug, 2016 | Under contract | $320,000 | MRED MLS |
| — | Last price change | $330,000 | MRED MLS |
| 24 May, 2016 | Listed for sale | $330,000 | MRED MLS |
| 23 Aug, 2024 | Sold | $600,000 | MRED MLS |
| 15 Jul, 2024 | Under contract | $600,000 | MRED MLS |
| 19 Jun, 2024 | Listed for sale | $600,000 | 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: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Crawl,Other
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
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| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $4,609 |
| 2014 | $3,082 |
| 2016 | $3,185 |
| 2024 | $6,519 |
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Listing Provided By
MoHall Commerical & Urban Development
