3115 N Davlin Court Chicago, IL $ 950,000
3115 N Davlin Court
$ 950,000
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3115 N Davlin Court

Chicago, IL, 60618
$ 950,000
Bedrooms9 Baths4.0 Sq 2,880

Monthly Estimate*

$ 6,636

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Multi-Family Home for sale in Chicago, IL

for $950,000 with 9 bedrooms and 4 full baths. This 2,880 square foot home was built in 1914.

ASSUMABLE VA MORTAGE AT 2.75%! VA Mortgages do not have PMI and non-veterans can assume them! Extremely rare opportunity to purchase an updated brick 4 unit on an oversized lot in Avondale with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other three. The building consists of (3) 2 bed 1 bath above grade units, and a 4th non-conforming garden unit with 3 beds 1 bath. Hardly anything to do as all units have many updates! Property has newer silver coat on roof, newer vinyl windows, 2 units with furnaces and central AC, coin laundry, sump pump, mostly copper water lines, 5 storage units, and 2 car garage with newer motor. Unit 2 just finished a gut rehab. Current tenants are month to month and far under market rate. Amazing location that is walking distance to Milwaukee Ave with nearby coffee shops, Restaurants, and Avondale bowl. We may never see 2.75% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption.

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Multi-Family Contingent

Price

$ 950,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,902

Style

Year Built

1914

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12006590

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air Radiant
Possession Negotiable
Roof Rubber Flat
Garage Spaces 2
Year Built 1914
Township Jefferson
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 49788
County Cook
Net Operating Income 32235
Insurance Expense 2580
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions Belmont just W of Milwaukee to Harding S to Barry E to Davlin Ct and N to property
City Chicago
High School District 299
MLS Area CHI - Avondale
Waterfront Y/N N
Street Name Davlin
Tax Annual Amount 5902
Electric Expense 1068
Fuel Expense 1380
Water Sewer Expense 1644
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=KgakAskw4hE&mls=1
Days on Market 40
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Finished
Street Suffix Court
Total Bedrooms 9
Total Baths 4
Bedrooms Possible 9
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 30X138
Lot Size Acres 0
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Greystone Realty

Broker

jwagner@greystonerealtychicago.com

Email

Affordability Calculator

$7,128
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$492
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
Pricing History
DatePricePrice ChangeDescription
3/18/2024$950,000 Listed Price

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3115 N Davlin Court, Chicago, IL, 60618 is a Multi-Family Home for sale at $950,000 with 2,880 sqft. 3115 N Davlin Court has 9 bedrooms, 4.0 baths, and was built in 1914. The property's zip code is 60618 which is in Chicago, IL