2529 West Congress Parkway

Chicago, IL 60612

$800,000
Last Sold Price
6
Beds
6
Baths
3,600 Sq. Ft.
$222 / Sq. Ft.
3,600
Sq. Ft.
$222
per Sq. Ft.

Description

2529 W Congress Pkwy is a luxury newer construction 3-unit rental building. Amazing investment opportunity. All units are identical floor plans, they feature 2 bed/2 bath, modern kitchen with stainless steel appliances, quartz countertops, and plenty of counter, storage, and cabinet space, and in-unit laundry. The primary bed features an en-suite bath with a large spa-like shower, double vanity, and walk in closet. All units have a rear balcony/entrance, and 1 parking space is allotted per unit....2529 W Congress Pkwy is a luxury newer construction 3-unit rental building. Amazing investment opportunity. All units are identical floor plans, they feature 2 bed/2 bath, modern kitchen with stainless steel appliances, quartz countertops, and plenty of counter, storage, and cabinet space, and in-unit laundry. The primary bed features an en-suite bath with a large spa-like shower, double vanity, and walk in closet. All units have a rear balcony/entrance, and 1 parking space is allotted per unit. The property is located just outside the Illinois Medical District in Tri-Taylor neighborhood, roughly 2 miles from the heart of downtown. In addition, public transit is located in close proximity, a 5 min walk to the blue line CTA, which runs between downtown and Chicago's O'Hare Int'l Airport. Units always stay rented, asset has a cap rate of 6.1% with plenty of rental upside. This property is being sold as a part of a 3 building, 12-unit package.

Listing Agent

Property Details for 2529 West Congress Parkway

Area
CHI - Near West Side
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Num Of Cars
3.0
Heat/Fuel
Natural Gas

Location

Sold By Hometown Real Estate

Add your commute
LISTING UPDATED: 01/12/2022 09:19 AM

Property Details for 2529 West Congress Parkway

StatusClosed
MLS #11227454
Days on Market109
Taxes$9,430 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built2019
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Sold By Hometown Real Estate

Add your commute

Building Information for 2529 West Congress Parkway

Stories-Residences3Year Built2019Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$5,152 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$786

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2529 West Congress Parkway

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 On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 1-5 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X150
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 500
  • East Coordinate: 0
  • West Coordinate: 2529
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 8
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,875.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: SEP22
Unit 2
  • Unit Type Actual Rent: $1,975.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: SEP22
Unit 3
  • Unit Type Actual Rent: $2,050.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: SEP22

Property History for 2529 West Congress Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2529 West Congress Parkway

Taxable ValueLand$5,342Additions$42,604Total$47,946
Tax Record2019$9,665 ($805 / month)
Home Facts
Total Finished SqFt3,483 SqFtAbove Grade Finished SqFt3,483 SqFtStories3Lot Size2,544 SqFtStyleMulti-Family Res (5+ Units)Year Built2019CountyCOOKAPN16-13-232-007

Schools near 2529 West Congress Parkway

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

Manley Career Academy High School
Public9 to 12

Ombudsman Chicago West
Public9 to 12

OMBUDSMAN CHICAGO NORTHWEST HS
Public9 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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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.

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.