2511 North Harlem Avenue

Chicago, IL 60707

$430,000
Last Sold Price
9
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great income property to add to your portfolio. 5-Unit brick building located in a great shopping area. Building features 4 (2-bdrm) units and 1 (1-bdrm) unit. Comes with all separated electrical meters. 2-Car garage located in the rear of the building. Coin-op washer and dryer located in laundry area for added income. Building is fully rented.Great income property to add to your portfolio. 5-Unit brick building located in a great shopping area. Building features 4 (2-bdrm) units and 1 (1-bdrm) unit. Comes with all separated electrical meters. 2-Car garage located in the rear of the building. Coin-op washer and dryer located in laundry area for added income. Building is fully rented.
  1. Listed by Luan Do • Kale Realty

Sold By Keller Williams Experience

Property Details for 2511 North Harlem Avenue

Area
CHI - Montclare
Township
Jefferson
Num Of Parking Spaces
2.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 10/15/2021 09:52 PM

Property Details for 2511 North Harlem Avenue

StatusClosed
MLS #11084843
Days on Market155
Taxes$5,047 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1931
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Add your commute

Building Information for 2511 North Harlem Avenue

Stories-Residences5Year Built1931Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$2,767 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2511 North Harlem Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces,Detached
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • # Of Washers: 1
  • Basement Description: Finished, Exterior Access
  • Heat/Ventilation: Forced Air,Gas,Hot Water,Radiators
  • # Of Refrigerators: 5
  • # Of Dryers: 1
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Security Gate,Security Lighting,Storms and Screens (as exist)
Property/Lot Information
  • Tenant Pays: Electricity, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25' X 125'
  • Lot Size Square Feet: 3125.0
  • Stories: 2
  • Exterior Building Type: Vinyl Siding, Brick, Frame
  • Construction: Brick
  • Roof Type: Rubber
  • Roof Structure: Pitched
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 2679
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Documents Available: Rent Roll
  • Public Document Count: 2
  • Document Date: 2021-05-24T00:56:27
  • Photos Count: 12
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $360.00
  • Fuel Expense: $2,125.00
  • Gross Income: $4,875.00
  • Gross Scheduled Income: $60,300.00
  • Insurance Expense: $1,800.00
  • Maintenance Expense: $520.00
  • Electric Expense Source: Actual
  • Expense Year: 2020
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 200
  • Net Operating Income Year: 2020
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 5025
  • Water Expense Source: Actual
  • Net Operating Income: $46,708.00
  • Operating Expense: $13,592.00
  • Other Expense: $.00
  • Trash Expense: $1,140.00
  • Water Sewer Expense: $2,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 4
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 940
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 995
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 5
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1040
  • Monthly Income Max - 3: 1200
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 3
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 1025
  • Monthly Income Max - 4: 1090
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 4
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 875
  • Monthly Income Max - 5: 990
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 2511 North Harlem 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 2511 North Harlem Avenue

Taxable ValueLand$7,818Additions$15,187Total$23,005
Tax Record2022$4,734 ($395 / month)
Home Facts
Baths2Total Finished SqFt1,786 SqFtAbove Grade Finished SqFt1,786 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyCOOKAPN13-30-316-020

Schools near 2511 North Harlem 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
Locke J Elementary School
PublicPK to 8

Steinmetz Academic Centre High School
Public9 to 12

Acero Chtr Roberto Clemente Cmps
CharterK to 8

CICS West Belden
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.

Neighborhood Map and Transit

Similar Homes

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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 Kale Realty

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. Based on information submitted to the MLS GRID as of 10/15/2021 09:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.