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    1717 N Albany Avenue

    Chicago, IL 60647
    • $650,000
    • STATUS: Active Under Contract
    • ON SITE: 45 days
    • MLS #: 11186882
    Under Contract
    UPDATED: 35 min ago
    $650,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1894
    County:

    School Ratings & Info

    School District:
    299

    Description

    Amazing opportunity to own a recently renovated income generating property with a rare coach house right off the 606 trail and the Logan Square/Humboldt Park neighborhoods! The property has a CAP RATE of 9! All three units were updated over the last 5 years and include hardwood flooring in the main living areas, kitchen with quartz countertops, shaker style cabinets, and stainless steel appliances, baths with porcelain tile floors, subway tiled baths, and sleek modern vanities. The first floor unit is a 3BR/1BA rented thru 7/31/22 at $1700/month. The 2nd floor unit is a 2BR/1BA with a large private back deck off the updated kitchen - currently occupied by the owners but would also rent for $1,700/month. The coach house has 3BR/2BA and is currently rented for $1,800 month to month. It offers a large main bedroom with a walk-in closet, spacious living space, and good sized bedrooms. There is a beautifully manicured backyard that is perfect for summertime entertaining or relaxing. Tons of additional storage spanning the entire ground level of both the main house and the coach house. This property has everything renters are looking for and then some! Located close to multiple transit options, cafes, dining, and nightlife. Move right into the top floor unit and let the other two cover your mortgage, or rent all three for an excellent armchair investment with great cash flow! Being sold AS-IS. CLICK THE 3D TOUR LINK AND TAKE A VIRTUAL WALKTHROUGH OF THE UNIT WITH MATTERPORT TECHNOLOGY!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-09-26T22:59:51.213 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1717 N Albany Avenue Chicago, IL 60647

    • Price: $650,000
    • Status: Active Under Contract
    • Updated: 35 min ago
    • MLS #: 11186882
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1894
    Built
    Neighborhood:
    Chi - Humboldt Park
    County:
    Cook
    Area:
    Chi - Humboldt Park
    School District:
    299
    Property Description
    Amazing opportunity to own a recently renovated income generating property with a rare coach house right off the 606 trail and the Logan Square/Humboldt Park neighborhoods! The property has a CAP RATE of 9! All three units were updated over the last 5 years and include hardwood flooring in the main living areas, kitchen with quartz countertops, shaker style cabinets, and stainless steel appliances, baths with porcelain tile floors, subway tiled baths, and sleek modern vanities. The first floor unit is a 3BR/1BA rented thru 7/31/22 at $1700/month. The 2nd floor unit is a 2BR/1BA with a large private back deck off the updated kitchen - currently occupied by the owners but would also rent for $1,700/month. The coach house has 3BR/2BA and is currently rented for $1,800 month to month. It offers a large main bedroom with a walk-in closet, spacious living space, and good sized bedrooms. There is a beautifully manicured backyard that is perfect for summertime entertaining or relaxing. Tons of additional storage spanning the entire ground level of both the main house and the coach house. This property has everything renters are looking for and then some! Located close to multiple transit options, cafes, dining, and nightlife. Move right into the top floor unit and let the other two cover your mortgage, or rent all three for an excellent armchair investment with great cash flow! Being sold AS-IS. CLICK THE 3D TOUR LINK AND TAKE A VIRTUAL WALKTHROUGH OF THE UNIT WITH MATTERPORT TECHNOLOGY!
    Exterior Features

    Exterior Building Type Vinyl SidingBrick Exterior Features BalconyPatioDog Run Lot Size Standard Chicago Lot Multi Family Type 2 FlatCoach House Other Structures Second Residence Parking None Parking Details None Waterfront YN No

    Interior Features

    Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural Gas Rooms Total 15

    Property Features

    Age 100+ Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Corporate Limits Chicago General Information None New Construction YN No Other Equipment Tv-CableCo Detectors Ownership Fee Simple Rebuilt YN No Rehab Year 2020 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 8695 Tax Year 2019 Total Numberof Unitsin Building 3 Township West Chicago Type Two To Four Units Water Source Public

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Next.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-09-26T22:59:51.213 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Naperville IL, 60540