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$ 699,000

Est. payment -/mo

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3449 W Diversey AVE Chicago, IL 60647

5 Beds

UPDATED:

08/18/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12131069

Bedrooms 5

Year Built 1910

Annual Tax Amount $9,081

Tax Year 2022

Lot Dimensions 30 X 94

Property Description

This exceptional two-flat property combines vintage charm with significant income potential, making it an excellent investment opportunity. Located in the highly sought-after Logan Square neighborhood, this residence is just minutes from a vibrant selection of restaurants, cafes, and boutique shops along Milwaukee Avenue. The Logan Square Farmers Market and Blue Line station are conveniently located just 0.4 miles away. Unit 1 features 2 bedrooms and 1 bath, with potential for conversion into a 3-bedroom unit. Unit 2 is a spacious 3-bedroom, 1-bath residence. Both units showcase preserved vintage details including hardwood floors, fireplace mantels, baseboards, window casings, doors, and built-in cabinets, complemented by updated kitchens and bathrooms. The building includes two sets of laundry machines in the basement (currently free for tenant use), updated separate electrical panels and meters, separate gas meters, two hot water heaters, and two furnaces. The unfinished basement and attic with stunning views provide additional opportunities for expansion, such as duplexing Unit 1 down and Unit 2 up. Off-street parking is available at the rear of the property, accessible from the alley. Additionally, the property is situated in an ADU (Additional Dwelling Unit) zoning district, offering the potential to add a coach house, attic or garden unit, which could help offset taxes and mortgage costs. Property being sold as-is.

Location

State IL

County Cook

Area Chi - Logan Square

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment Sump Pump

Fireplace N

Exterior

Community Features Sidewalks, Street Lights

Waterfront false

Roof Type Asphalt

Parking Type Off Alley

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Monroe Elementary School

Middle Schools Monroe Elementary School

High Schools Kelvyn Park High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Danny McGovern • RE/MAX Properties Northwest

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