306 North Hamlin Avenue

Chicago, IL 60624

$475,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 306 North Hamlin Avenue, a fantastic multi-family property that offers an incredible investment opportunity in the vibrant East Garfield Park neighborhood. Long-term tenants currently occupy the property, ensuring a stable rental income. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms. With long-term tenants already in place, you can enjoy a steady rental income from day one. Unit 1 received a full remodel in 2021, while Unit 2 was updated in 2022 with...Welcome to 306 North Hamlin Avenue, a fantastic multi-family property that offers an incredible investment opportunity in the vibrant East Garfield Park neighborhood. Long-term tenants currently occupy the property, ensuring a stable rental income. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms. With long-term tenants already in place, you can enjoy a steady rental income from day one. Unit 1 received a full remodel in 2021, while Unit 2 was updated in 2022 with Vinyl Flooring. New stove and HVAC system installed in Unit 3 ensuring comfort for its occupants throughout the year. Recent updates have also been made to the building's exterior, with both front and back gates being replaced in 2021. Inside each unit, you'll find separate utilities and in-unit laundry facilities, providing convenience and privacy for all residents. Perfectly situated for easy commuting, this property offers quick access to the CTA Green and Pink Lines, as well as the nearby Eisenhower Expressway (I-290). Don't miss out on this wonderful opportunity to own a well-maintained multi-family property in the rapidly developing East Garfield Park neighborhood. This turnkey investment is sure to meet your needs.
  1. Listed by Christy Clayborn • Equitable Investment Group Inc

Property Details for 306 North Hamlin Avenue

Area
CHI - West Garfield Park
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Heat/Fuel
Natural Gas, Forced Air

Location

Listing Courtesy of Equitable Investment Group Inc
Add your commute
LISTING UPDATED: 02/26/2024 12:07 AM

Property Details for 306 North Hamlin Avenue

StatusActive
MLS #11984971
Days on Market123
Taxes$9,049 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built2008
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Equitable Investment Group Inc
Add your commute

Building Information for 306 North Hamlin Avenue

Stories-Residences3Year Built2008Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$3,346 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$754

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 306 North Hamlin Avenue

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: 24
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Double Sink
  • Basement Type: None
  • Bedrooms Possible: 9
  • 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: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Limestone
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 306
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 4100
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 22
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $480.00
  • Electric Expense Source: Actual
Unit 1
  • Unit Type Actual Rent: $1,585.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 01/25
Unit 2
  • Unit Type Actual Rent: $1,510.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/25
Unit 3
  • Unit Type Actual Rent: $1,475.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 03/25

Property History for 306 North Hamlin 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 306 North Hamlin Avenue

Taxable ValueLand$4,842Additions$40,157Total$44,999
Tax Record2022$9,256 ($771 / month)
Home Facts
Baths4.5Total Finished SqFt4,827 SqFtAbove Grade Finished SqFt4,827 SqFtStories3Lot Size4,121 SqFtStyleMulti-Family Res (5+ Units)Year Built2006CountyCOOKAPN16-11-304-041

Schools near 306 North Hamlin 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
Charter - K to 7
Rating
School
Distance
Ward L Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Raby High School
Public9 to 12

KIPP One Academy
CharterK to 7

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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306 North Hamlin Avenue is a multi-family home for sale in Chicago, IL 60624. This property was listed for sale on February 20, 2024 by Equitable Investment Group Inc, it's currently listed at $475,000. It has been on the market for a total of 123 days and was last sold on February 11, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Ward L Elementary School, Orr Academy High School and Raby High School. 306 North Hamlin Avenue is a 9-bed, 6-bath, multi-family home built in 2008.

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 Equitable Investment Group Inc

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 02/26/2024 12:07 AM. 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.