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2542 S Albany Avenue Chicago, IL $ 749,000
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$ 749,000 Get more info
2542 S Albany Avenue
$ 749,000
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2542 S Albany Avenue

Chicago, IL, 60623
$ 749,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 5,232

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Multi-Family Home for sale in Chicago, IL

for $749,000 with 6 bedrooms and 4 full baths. This home was built in 1897 on a lot size of 0.06.

True FULL Gut Rehab down to the studs, on a lovely tree lined street in booming East Little Village. All units with modern, high end finishes; stainless steel appliances, quartz counters, in unit laundry, and hardwood floors throughout. The basement is also prepped to add 2 first floor units. Seller will build these 2 units out for an additional fee of $75,000/unit after closing in a massive value add opportunity. As a legal 6-unit with market rents (all current rents are massively under market) the proforma monthly income should be $7,500.

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Multi-Family Active

Price

$ 749,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,432

Style

Lot Size

0.06

Year Built

1897

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11940951
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Year Built 1897
Township South Chicago
Tax Year 2021
Percent Ownership Condo
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status Active
Directions KEDZIE TO 26TH-- WEST TO ALBANY-- SOUTH TO 2542
City Chicago
High School District 299
MLS Area CHI - South Lawndale
Waterfront Y/N N
Street Name Albany
Tax Annual Amount 8432
Days on Market 132
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Unfinished
Street Suffix Avenue
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Public
Total Parking 2
Lot Dimensions 25X125
Lot Size Acres 0.06
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Main Street Real Estate Group

Broker

lawrence@mainstreetreg.com

Email

Affordability Calculator

$5,935
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,232
Monthly Property Taxes
$703
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2023$749,000 Listed Price

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2542 S Albany Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $749,000 with a lot size of 0.06. 2542 S Albany Avenue has 6 bedrooms, 4.0 baths, and was built in 1897. The property's zip code is 60623 which is in Chicago, IL

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