$575,000
8 Beds
Bath
SqFt
0.08 Acre Lot
3,484 Sqft Lot
Status Active
Property Type Two To Four Units
Year Built 1908
Neighborhood
Days on Website 21

Property Map

$575,000 – 4902 North Albany Avenue, Chicago, IL 60625

Street View

Courtesy of RedStar Property Management LLC.

Description

Act Fast! Excellent Brick Investment Property with solid returns and great bones. Owner Occupy or Just Collect Dependable Returns from long-term tenants. Recently Updated and Fully Occupied w/ three dwelling units, separately metered boiler heat, shared coin op laundry, spacious rear yard and garage for extra income. Don’t miss this gem! Owner and Agent do not warrant legality of 3rd Unit.

Property Details and Features

Listing

  • Source: Midwest Real Estate Data, LLC
  • 2019-02-26
  • Exclusive Right To Sell

Bedrooms

  • 8 bedrooms
  • 3 bedrooms in unit 1
  • 3 bedrooms in unit 2
  • 2 bedrooms in unit 3

Bathrooms

  • Full/half bathrooms: 0
  • 3 full bathrooms in building
  • 1 full bathroom in unit 1
  • 1 full bathroom in unit 2
  • 1 full bathroom in unit 3

Location

  • 4902
  • CHI – Albany Park
  • Cook

House

  • Built in 1908 (approximate)
  • 3 units in building
  • 16 rooms
  • 6 rooms in unit 1
  • 6 rooms in unit 2
  • 4 rooms in unit 3
  • 100+ Years

Property

  • Zoning type: MULTI
  • Two to Four Units

Lot

  • 0 acres
  • 3750 SQ FT
  • Fenced Yard
  • Less Than .25 Acre

Appliances and Equipment

  • Stove
  • Refrigerator
  • Garage/Space
  • Range Hood
  • Hardwood Floors
  • Stove
  • Refrigerator
  • Garage/Space
  • Hardwood Floors
  • Stove
  • Refrigerator
  • Microwave

Garage

  • Garage Door Opener(s)
  • Detached
  • 2 garage spaces

Parking

  • 2 cars
  • Garage

Heating

  • Gas
  • Radiators
  • Space Heater/s
  • Indv Controls

Utilities

  • Sewer-Public
  • Lake Michigan

Exterior Features

  • Brick

Roof

  • Asphalt/Glass (Rolled)

Basement

  • Finished
  • Full

Foundation

  • Block
  • Concrete

Schools

  • Elementary school district: 299
  • Middle school district: 299
  • High school district: 299

Taxes

  • 5522.57
  • Homeowner
  • Tax year: 2016

Miscellaneous

  • Gross expenses: $19,172
  • Gross rental income: $45,900
  • Net operating income: $26,728
  • Unit 1 rent: $1,400
  • Unit 2 rent: $1,325
  • Unit 3 rent: $1,100
  • Unit 1 security deposit: 0
  • Unit 2 security deposit: 0
  • Unit 3 security deposit: 0
  • Electric
  • Gas
  • Heat
  • Parking
  • Electric
  • Gas
  • Heat
  • Parking
  • Electric
  • Gas
  • Heat

Request More Information

Schedule a Showing