2828 North Lawndale Avenue

Chicago, IL 60618

$1,230,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully occupied, professionally managed 6-flat in HOT Avondale. Each unit has its own furnace and central AC. Building and units rehabbed in 2017-18. 1- and 2-bedroom units include: in-unit laundry, stainless kitchens with quartz countertops and white shaker cabinets and modern bathrooms. Roof replaced in 2020. New gates and fencing, and new rear siding in 2023. Tenants pay Electric and Gas. Enjoy turnkey, up and running, top rent money maker in AVONDALE. Gross income for this building is $113,220....Fully occupied, professionally managed 6-flat in HOT Avondale. Each unit has its own furnace and central AC. Building and units rehabbed in 2017-18. 1- and 2-bedroom units include: in-unit laundry, stainless kitchens with quartz countertops and white shaker cabinets and modern bathrooms. Roof replaced in 2020. New gates and fencing, and new rear siding in 2023. Tenants pay Electric and Gas. Enjoy turnkey, up and running, top rent money maker in AVONDALE. Gross income for this building is $113,220. 48 hour notice required. Tenant rights
  1. Listed by William Ashcraft • BS Realty Services LLC

Property Details for 2828 North Lawndale Avenue

Area
CHI - Avondale
Township
Jefferson
Zoning
MULTI

Location

Listing Courtesy of BS Realty Services LLC
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LISTING UPDATED: 04/26/2024 04:07 PM

Property Details for 2828 North Lawndale Avenue

StatusActive
MLS #11935183
Days on Market159
Taxes$16,934 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1896
Lot Size0.07 AC / 3,150 SF
CountyCook County

Location

Listing Courtesy of BS Realty Services LLC
Add your commute

Building Information for 2828 North Lawndale Avenue

Stories-Residences6Year Built1896Building Size-Lot Size0.07 AC / 3,150 SF

Payment Calculator

$8,124 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,713

Property Taxes

$1,411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2828 North Lawndale Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: Other,Parking-Street
  • Open Parking Spaces: 2.0
Location and General Information
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 6
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 6
  • # Of Dryers: 6
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Security Gate,Security Lighting
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 3150.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Other
  • Roof Structure: Flat
  • Building Area Total: 4500
  • Lot Size Source: County Records
  • # Of Ranges: 6
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 2
  • Document Date: 2024-02-18T14:05:43
  • Photos Count: 22
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: 6
Income & Expenses
  • Electric Expense: $592.00
  • Fuel Expense: $.00
  • Gross Income: $113,220.00
  • Gross Scheduled Income: $113,220.00
  • Insurance Expense: $1,500.00
  • Maintenance Expense: $510.00
  • Manager Expense: $11,631.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 600
  • Manager Expense Source: AC
  • Net Operating Income Year: 2022
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 9435
  • Water Expense Source: Actual
  • Net Operating Income: $80,104.00
  • Operating Expense: $32,893.00
  • Other Expense: $180.00
  • Trash Expense: $1,942.00
  • Water Sewer Expense: $1,922.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2828 North Lawndale 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 2828 North Lawndale Avenue

Taxable ValueLand$11,028Additions$70,975Total$82,003
Tax Record2022$16,934 ($1,411 / month)
Home Facts
Baths4.5Total Finished SqFt6,924 SqFtAbove Grade Finished SqFt6,924 SqFtStories3Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN13-26-128-041

Schools near 2828 North Lawndale 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 - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Monroe Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Aspira Charter - Bus and Fin
Charter9 to 12

ASPIRA Charter - Early College Pr
Charter9 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.

Similar Homes

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2828 North Lawndale Avenue is a multi-family home for sale in Chicago, IL 60618. This property was listed for sale on November 22, 2023 by BS Realty Services LLC, it's currently listed at $1,230,000. It has been on the market for a total of 159 days and was last sold on October 12, 2010. This listing's school district is City Of Chicago School District 299. Nearby schools include Monroe Elementary School, Schurz High School and Aspira Charter - Bus and Fin. 2828 North Lawndale Avenue is a 9-bed, 6-bath, multi-family home built in 1896.

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 BS Realty Services 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.