2542 South Albany Avenue
2542 South Albany Avenue
$749,000
6
4
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Description
True FULL Gut Rehab down to the studs, on a lovely tree lined street in booming East Little Village. All units with modern, high end finishes; stainless steel appliances, quartz counters, in unit laundry, and hardwood floors throughout. The basement is also prepped to add 2 first floor units. Seller will build these 2 units out for an additional fee of $75,000/unit after closing in a massive value add opportunity. As a legal 6-unit with market rents (all current rents are massively under market)...True FULL Gut Rehab down to the studs, on a lovely tree lined street in booming East Little Village. All units with modern, high end finishes; stainless steel appliances, quartz counters, in unit laundry, and hardwood floors throughout. The basement is also prepped to add 2 first floor units. Seller will build these 2 units out for an additional fee of $75,000/unit after closing in a massive value add opportunity. As a legal 6-unit with market rents (all current rents are massively under market) the proforma monthly income should be $7,500.
- Listed by Lawrence Dunning • Main Street Real Estate Group
Property Details for 2542 South Albany Avenue
Area
CHI - South Lawndale
TownshipSouth Chicago
OwnershipCondo
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Heat/FuelNatural Gas
Location
LISTING UPDATED: 04/12/2024 12:16 AM
Property Details for 2542 South Albany Avenue
Status | Active |
---|---|
MLS # | 11940951 |
Days on Market | 151 |
Taxes | $8,432 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1897 |
Lot Size | 0.06 AC / 2,613 SF |
County | Cook County |
Location
Building Information for 2542 South Albany Avenue
Stories-Residences4Year Built1897Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$4,790 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2542 South Albany Avenue
Property History for 2542 South Albany 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 2542 South Albany Avenue
Taxable ValueLand$3,525Additions$38,407Total$41,932
Tax Record2022$8,625 ($719 / month)
Home Facts
Baths2Total Finished SqFt3,120 SqFtAbove Grade Finished SqFt3,120 SqFtStories2Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyCOOKAPN16-25-122-040
Schools near 2542 South Albany 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 - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Kanoon Elementary Magnet School PublicPK to 8 | ||
Farragut Career Academy High School Public9 to 12 | ||
Spry Community Links High School Public9 to 12 | ||
Saucedo Elementary Scholastic Academy PublicPK 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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