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2955 N Spaulding Ave
Chicago, IL 60618
Multifamily Property For Sale
·
7 Units


EXECUTIVE SUMMARY
Avondale 7-Unit. This well-maintained property offers a diverse mix of apartments, including a spacious four-bedroom duplex-up, three two-bed/one-bath units, two one-bed/one-bath units, and a garden apartment that also leases the attached coach house. Together, they provide over 7,000 sq. ft. of rentable space across a 3&1/2-story all-brick front building and a single-story all-brick coach house. Each unit features refinished hardwood floors, updated kitchens and baths, and individual gas heat and hot water tanks. Four units enjoy private in-unit laundry, while additional common laundry is available in the basement. The property has benefited from significant recent capital improvements, including a new sewer connection (2022), gutters (2021), basement sump pump and flood prevention system (2020), and new basement windows (2020). Ideally located just two blocks from the Blue Line and steps from the heart of Logan Square's dining and entertainment scene, this property consistently attracts tenants. A strong cash-flowing investment in one of Chicago's most in-demand neighborhoods.
PROPERTY FACTS
| Price Per Unit | $315,184 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 7 | Building Size | 5,500 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1886 |
| Apartment Style | Low-Rise | ||
| Zoning | RS-3 | ||
| Price Per Unit | $315,184 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,500 SF |
| No. Stories | 3 |
| Year Built | 1886 |
| Zoning | RS-3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,965 CAD | - |
| 2+1.5 | 4 | $2,103 CAD | - |
| 4+2 | 1 | $4,137 CAD | - |
PROPERTY TAXES
| Parcel Number | 13-26-220-002-0000 | Improvements Assessment | $58,852 CAD |
| Land Assessment | $18,107 CAD | Total Assessment | $76,960 CAD |
PROPERTY TAXES
Parcel Number
13-26-220-002-0000
Land Assessment
$18,107 CAD
Improvements Assessment
$58,852 CAD
Total Assessment
$76,960 CAD
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