1717 N Albany Avenue, Chicago, Illinois 60647

$649,900
8
BD
4
BA
List Price
$649,900
MLS#
MRD11039640
Status
ACTIVE
Type
Multifamily
Subtype
Two to Four Units
Bedrooms
8
Bathrooms
4
County
Cook
City
Chicago
Neighborhood
Logan Square
Days On Market
19

Property Description

Incredible opportunity to own a fully renovated income-generating 2-flat plus coach house in the heart of the booming Logan Square/North Humboldt neighborhood less than a block to the 606! 6.5+ CAP RATE! First floor unit is a 3BR/1BA rented thru 7/31/21 at $1600/month. This unit was remodeled in summer 2020 and features an updated kitchen with brand new stainless steel appliances as well as new flooring and fresh paint throughout. Second floor 2BR/1BA owner's unit boasts a fully updated kitchen and bathroom (2018), fresh paint throughout (2019) and a huge private deck overlooking a beautifully manicured backyard. Coach house is a 3BR/2BA house rented thru 7/31/21 at $1800/month which was also completely remodeled in 2017 and offers a large master bedroom with walk-in closet, new kitchen (cabinets, counters, & stainless appliances), new bathrooms, and gorgeous hardwood floors throughout. Tons of additional storage spanning the entire ground level of both the main house and the coach house. Other recent upgrades include landscaping improvements (new grass and planter boxes in front yard & new turf in backyard) and new washer/dryer (2017). 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! Beautiful curb appeal and all of the modern finishes today's renters are looking for. Highly desirable location with easy access to the 606, Humboldt Park, Palmer Square, multiple transit options, and all of the cafes, dining, and nightlife options that Logan Square, Humboldt Park and Bucktown have to offer. Absolutely amazing value! Sold As-Is. Don't miss out - schedule your showing today!

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2019
Year Built
1894
Exterior Building Type
Vinyl Siding, Brick
Exterior Property Features
Balcony, Patio, Dog Run
Lot Dimensions
25X118
Lot Size Range
Standard Chicago Lot
Units
3
Parking
None
Heating
Natural Gas
Sewer
Public Sewer
Basement
Yes
Rent Unit One
1600
Rent Unit Three
1800

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Redfin Corporation.



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