Chicago, IL 60645,2700 W Albion Avenue
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Chicago, IL 60645,2700 W Albion Avenue
Chicago, IL 60645,2700 W Albion Avenue
Chicago, IL 60645,2700 W Albion Avenue
Chicago, IL 60645,2700 W Albion Avenue

$860,000

Est. payment /mo

$900,000

4.4%
Est.Price: ?

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2700 W Albion Avenue Chicago, IL 60645

SOLD DATE : 12/20/2024

Key Details

Sold Price $860,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12148539

Sold Date 12/20/24

Year Built 1918

Annual Tax Amount $11,393

Tax Year 2023

Lot Dimensions 125 X 25

Property Description

Well-maintained long-time family-owned, legal 6-flat offers an exceptional opportunity for investors. Recently updated with a full tear-off roof in 2023 and a newly replaced parapet wall, this property is primed for long-term stability. Each unit is on a month-to-month lease with under-market rents, providing significant potential for increased passive income. The building features a 2-car garage, with all units equipped with their own furnace, and four units with central air conditioning (HVAC 2016). Located in the desirable West Ridge neighborhood, this property represents a solid investment with room for value growth. Don't miss out on this opportunity to enhance your portfolio and capitalize on its potential.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air, Central Individual, Window Unit(s)

Fireplace Y

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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Listed by Michael Saladino • Keller Williams ONEChicago
Bought with Mita Shewakramani • Mita Shewakramani
agent

Bruce Glazer

+1(765) 914-8199

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