Skip To Content

    4135 N Meade Avenue

    Chicago, IL 60634
    • $399,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 11193552
    Price Reduced
    UPDATED: 62 min ago
    $399,000
    • 3
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Information

    Elementary School:
    High School:
    School District:
    299

    Description

    Extensively renovated and leased 2 unit building on a quiet, residential street in Portage Park. 2 bed/1ba unit on the first floor pays $1,550 and the 1 bed/1ba second floor unit rents for $1,300 with tenant paid utilities. Projected NOI for the 12 months following April 2021 is $24,000. Both units completely gutted in early 2021 with new kitchens, bathrooms, vinyl floors, quartz countertops, new white cabinets, vinyl floors, stainless steel appliance package, and all new fixtures. Major capital expenditures completed in 2021 include the installation of two brand new individual HVAC systems, new copper plumbing, new front siding, new electric, & roof repairs. The property could appeal to an owner occupant who could take possession of the second floor unit in April 2022 and collect rent from the first floor tenant. Also a tremendous investment opportunity for long term cash flow and appreciation.

    Monthly Payment Calculator



    © 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 2021-09-19T12:00:43.517 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
    www.chicagosuburbanrealestate.com/homes/120598348
    Print Image

    4135 N Meade Avenue Chicago, IL 60634

    • Price: $399,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 11193552
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1925
    Built
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Elementary School:
    Smyser Elementary School
    High School:
    Taft High School
    School District:
    299
    Property Description
    Extensively renovated and leased 2 unit building on a quiet, residential street in Portage Park. 2 bed/1ba unit on the first floor pays $1,550 and the 1 bed/1ba second floor unit rents for $1,300 with tenant paid utilities. Projected NOI for the 12 months following April 2021 is $24,000. Both units completely gutted in early 2021 with new kitchens, bathrooms, vinyl floors, quartz countertops, new white cabinets, vinyl floors, stainless steel appliance package, and all new fixtures. Major capital expenditures completed in 2021 include the installation of two brand new individual HVAC systems, new copper plumbing, new front siding, new electric, & roof repairs. The property could appeal to an owner occupant who could take possession of the second floor unit in April 2022 and collect rent from the first floor tenant. Also a tremendous investment opportunity for long term cash flow and appreciation.
    Exterior Features

    Exterior Building Type Vinyl Siding Foundation Details Concrete Perimeter Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Space/S Parking Details Space/S Parking Features Off Alley Parking Onsite Yes Parking Ownership Owned Parking Total 3 Roof Asphalt Waterfront YN No

    Interior Features

    Basement Unfinished Basement Bathrooms YN No Basement Details Partial Bathroom Separate Shower Bedrooms Below Grade 0 Bedrooms Total 3 Full Baths In Building 2 Half Baths In Building 0 Heating Natural Gas Rooms Total 9

    Property Features

    Age 91-100 Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 34200 New Construction YN No Ownership Fee Simple Rebuilt Year 2021 Rebuilt YN Yes Rehab Year 2021 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4086.89 Tax Year 2020 Total Numberof Unitsin Building 2 Total Rental Income 34200 Township Jefferson Type Two To Four Units Water Source Lake Michigan

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of 33 Realty.


    © 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 2021-09-19T12:00:43.517 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
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_2_11193552-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_2_11193552-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_2_11193552-1.jpg
    Logo
    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540