1851 South Harding Avenue

Chicago, IL 60623

$484,000
Price
12
Beds
7
Baths
7,000 Sq. Ft.
$69 / Sq. Ft.
7,000
Sq. Ft.
$69
per Sq. Ft.

Description

Exciting Portfolio Investment Opportunity: 4-Unit Condo Quality Building in North Lawndale. This all-brick, multi-family property offers a total of 7,000 square feet of rentable space across its four units that offer central heating & A/C units, in-unit laundry, individual hot water tanks, laminate, and vinyl flooring. The top three floors consist of large 2,000 square feet units larger than most single-family homes in the area, each featuring 3 bedrooms and 2 bathrooms with 9-foot-high ceilings....Exciting Portfolio Investment Opportunity: 4-Unit Condo Quality Building in North Lawndale. This all-brick, multi-family property offers a total of 7,000 square feet of rentable space across its four units that offer central heating & A/C units, in-unit laundry, individual hot water tanks, laminate, and vinyl flooring. The top three floors consist of large 2,000 square feet units larger than most single-family homes in the area, each featuring 3 bedrooms and 2 bathrooms with 9-foot-high ceilings. The lower-level unit (G) spans 1,000 square feet and includes 3 bedrooms and 1 bathroom. Assigned parking spaces are available for all four units in the off street gated rear parking lot. Built in 1923, the building boasts a classic architectural style with a rubber and flat roof. Units G, 2 and 3 were recently fully renovated and units two and three are occupied by new tenants. G is ready to be leased while Unit 1 is vacant and still requires updating - the sale price contemplates this value-add requirement. Whether you're an experienced investor or looking to start your real estate portfolio, this property offers solid rental income and long-term growth potential with a value-add kicker. Don't miss out on this fantastic investment opportunity! Each unit has its own PIN so new owner can keep as separate condominium quality units or they can collapse to single PIN apartment building. No HOA in place. Property is located 1-block from CTA Pink Line station (Pulaski), 2.3 miles from Douglas Park, 1.3 miles from I-290, and 2.3 miles from I-55.
  1. Listed by Mikus Kins • Be Realty, LLC

Property Details for 1851 South Harding Avenue

Area
CHI - North Lawndale
Township
West Chicago
Ownership
Condo
Num Of Parking Spaces
4.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas

Location

Listing Courtesy of Be Realty, LLC
Add your commute
LISTING UPDATED: 04/29/2024 06:59 PM

Property Details for 1851 South Harding Avenue

StatusContingent
MLS #11976482
Days on Market82
Taxes$7,635 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1927
Lot Size0.07 AC / 3,225 SF
CountyCook County

Building

1851 S Harding Ave

4 Units3 StoriesBuilt in 1927

Location

Listing Courtesy of Be Realty, LLC
Add your commute

Building Information for 1851 South Harding Avenue

Stories3Residences4Year Built1927Building Size-Lot Size0.07 AC / 3,225 SF

Payment Calculator

$3,278 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,641

Property Taxes

$636

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1851 South Harding 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: Assigned Spaces, Off Street, Alley Access, Motorized Gate, Secured
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 4.0
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 12
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 7
  • # Half Baths in Building: 0
  • Num of Baths: 7.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3225
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber, Flat
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 1851
  • East Coordinate: 0
  • West Coordinate: 3950
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 26
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: VACAN
Unit 2
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 11/24
Unit 3
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 2/25
Unit 4
  • Unit Type Actual Rent: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: VACAN

Property History for 1851 South Harding 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 1851 South Harding Avenue

Taxable ValueLand$919Additions$4,589Total$5,508
Tax Record2019$419 ($35 / month)
Home Facts
Beds3Lot Size3,225 SqFtStyleCondominiumYear Built1923CountyCOOKAPN16-23-309-050-1001

Schools near 1851 South Harding Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Mason Elementary School
PublicPK to 8

Infinity Math Science & Tech High School
Public9 to 12

KIPP Chicago Chrtrs - Ascend Acad
CharterK to 8

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.

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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 Be Realty, LLC

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.