184 North Lamon Avenue

Chicago, IL 60644

$700,000
Price
8
Beds
5
Baths
4,600 Sq. Ft.
$152 / Sq. Ft.
4,600
Sq. Ft.
$152
per Sq. Ft.

Description

Don't miss out on this NEW 3 unit building (Built in 2022 ) that was built and designed as condos. Custom kitchen cabinets with Quartz counter tops and custom glass back splash. Hardwood floors, and custom lighting. All units have washer/dryer, water heaters and ceiling fans. Whirlpool and GE Appliances. Building has 3 parking spaces in rear of building. Building owner is using a unique rental plan (SRO) of renting out each bedroom to medical workers/student, Amazon and state workers. As of April...Don't miss out on this NEW 3 unit building (Built in 2022 ) that was built and designed as condos. Custom kitchen cabinets with Quartz counter tops and custom glass back splash. Hardwood floors, and custom lighting. All units have washer/dryer, water heaters and ceiling fans. Whirlpool and GE Appliances. Building has 3 parking spaces in rear of building. Building owner is using a unique rental plan (SRO) of renting out each bedroom to medical workers/student, Amazon and state workers. As of April 1, 2024 the building is generating $6100 in income per month, with the potential to generate $8,500 per month using the present plan when all bedroom are full. Buyer can convert units to full unit rentals or sell as condos. Close to shopping and interstate. Income and expenses are from September thru February 2024. Need 24hrs to show.
  1. Listed by Clarence Thompson • Baird & Warner

Property Details for 184 North Lamon Avenue

Area
CHI - Austin
Township
Jefferson
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 04/03/2024 05:48 PM

Property Details for 184 North Lamon Avenue

StatusActive
MLS #11965790
Days on Market105
Taxes$1,589 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built2022
Lot Size0.09 AC / 3,750 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 184 North Lamon Avenue

Stories-Residences3Year Built2022Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$3,953 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 184 North Lamon Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned, Off Alley, Alley Access
  • Parking On Site: true
  • Parking Ownership: Fee/Leased
  • Open Parking Spaces: 3.0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 1-5 Years
  • Lot Description: Corner Lot, Fenced Yard, Sidewalks, Streetlights
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Interstate Access
  • North Coordinate: 184
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 4900
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Green Supporting Documents: N
  • Photos Count: 13
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $1,283.00
  • Fuel Expense: $1,749.00
  • Gross Income: $36,600.00
  • Insurance Expense: $2,588.00
  • Maintenance Expense: $6,700.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Water Expense Source: Actual
  • Net Operating Income: $23,499.00
  • Professional Management Expense: $150.00
  • Water Sewer Expense: $381.00
  • Other Expenses $: 550
Unit 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Actual Rent: $2,900.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: M/M
Unit 3
  • Unit Type Actual Rent: $2,200.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: M/M

Property History for 184 North Lamon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 184 North Lamon Avenue

Taxable ValueLand$7,182Additions-Total$7,182
Tax Record2022$1,477 ($123 / month)
Home Facts
Beds0Stories3Lot Size7,560 SqFtStyleMiscellaneous Vacant LandYear Built1913CountyCOOKAPN16-09-417-014

Schools near 184 North Lamon Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 12
Public - 9 to 11
Rating
School
Distance
Spencer Technology Acad Elementary School
PublicPK to 8

Marshall Metropolitan High School
Public9 to 12

Camelot Safe Academy - Garfield Park
Public6 to 12

Bridgescape Academy North Lawndal
Public9 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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184 North Lamon Avenue is a multi-family home for sale in Chicago, IL 60644. This property was listed for sale on January 26, 2024 by Baird & Warner, it's currently listed at $700,000. It has been on the market for a total of 105 days and was last sold on October 28, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Spencer Technology Acad Elementary School, Marshall Metropolitan High School and Camelot Safe Academy - Garfield Park. 184 North Lamon Avenue is a 8-bed, 5-bath, 4,600 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.