2155 North Spaulding Avenue
2155 North Spaulding Avenue
$1,155,000
12
8
8,252
8,252
$140
Closed 9/15/23
Description
Four spectacularly large fully leased units span over 8,000 sq ft in brick building on 30 X 150 corner lot with brick 3-car garage. Serene residential block is steps from ultra green Palmer Square and vibrant Logan Square, surrounded by new luxury developments. An easy Sunday walk to the farmer's market in the center of Logan Square. Legal 4-unit property generates $116,400/yr in rental income with plenty of room to grow. Each unit occupies entire floor. See Virtual Tour and 3D Tour links with interactive...Four spectacularly large fully leased units span over 8,000 sq ft in brick building on 30 X 150 corner lot with brick 3-car garage. Serene residential block is steps from ultra green Palmer Square and vibrant Logan Square, surrounded by new luxury developments. An easy Sunday walk to the farmer's market in the center of Logan Square. Legal 4-unit property generates $116,400/yr in rental income with plenty of room to grow. Each unit occupies entire floor. See Virtual Tour and 3D Tour links with interactive floor plans. Units 1-3 are expansive 2,100+ sq ft, with 3br/2ba, a dining room, and a sunroom. The garden unit, also with 3br/2ba, spans 1,943 sq ft and has central air/heat. Natural oak floors and excellent natural light throughout. Current CAP rate at asking price over 6%. Current rents are as follows: Garden- $1,950 (exp 7/23), Unit 1- $2,500 (exp 7/24), Unit 2- $2,350 (exp 3/24), Unit 3- $2,300 (exp 4/24). 3 car garage generates additional $450/mo, and laundry machines bring in an extra $150/mo totaling a monthly income of $9,700. All windows replaced in 2021. New electric and plumbing in garden unit and 1st floor unit. Since garden unit has its own HVAC system, the tenant pays for heat and electricity. Tenants in units 1-3 cover their electricity costs. Building is equipped with a water meter, offering significant cost savings. Prior to the showing, interested buyers are encouraged to review the 3D tour and floor plans. No showings at this time. 2021 Property Taxes only $13,793. The brick and parapets are in excellent condition. Permits pulled and seller in process of having rear porches/stairwell entirely replaced.
- Listed by Jon Gerstein • @properties Christie's International Real Estate
Sold By @properties Christie's International Real Estate
Property Details for 2155 North Spaulding Avenue
Area
CHI - Logan Square
TownshipLake View
OwnershipFee Simple
Num Of Garage Spaces3.0
Num Of Cars3.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air, Hot Water/Steam
Location
LISTING UPDATED: 09/17/2023 03:01 AM
Property Details for 2155 North Spaulding Avenue
Status | Closed |
---|---|
MLS # | 11800553 |
Days on Market | 102 |
Taxes | $13,793 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1925 |
Lot Size | 0.10 AC / 4,500 SF |
County | Cook County |
Location
Building Information for 2155 North Spaulding Avenue
Stories-Residences4Year Built1925Building Size-Lot Size0.10 AC / 4,500 SF
Payment Calculator
$7,453 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2155 North Spaulding Avenue
Property History for 2155 North Spaulding Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2155 North Spaulding Avenue
Taxable ValueLand$13,500Additions$58,198Total$71,698
Tax Record2022$14,091 ($1,174 / month)
Home Facts
Baths4Total Finished SqFt7,791 SqFtAbove Grade Finished SqFt7,791 SqFtStories3Lot Size4,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN13-35-225-001
Schools near 2155 North Spaulding 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 - | 7 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Darwin Elementary School PublicPK to 8 | ||
Clemente Community Academy High School Public9 to 12 | ||
Marine Leadership Academy - Ames Public7 to 12 | ||
Aspira Charter Schools Charter6 to 12 |
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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