3224 North Linder Avenue

Chicago, IL 60641

$627,500
Last Sold Price
8
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Six unit, fully leased investment property located in Portage Park. All brick exterior; building has been very well maintained. Total of 6 units: 4 one-bed/one-bath units, and 2 two-bed/one-bath units. All units feature hardwood floors and vintage finishes. Value-add opportunity thru rent increase. Current owner has added coin-operated laundry, added a new roof coat, and done tuck-pointing.Six unit, fully leased investment property located in Portage Park. All brick exterior; building has been very well maintained. Total of 6 units: 4 one-bed/one-bath units, and 2 two-bed/one-bath units. All units feature hardwood floors and vintage finishes. Value-add opportunity thru rent increase. Current owner has added coin-operated laundry, added a new roof coat, and done tuck-pointing.

Listing Agent

  1. Ben Lalez

    Ben Lalez

    Listing Agent

    Compass

    ben.lalez@compass.com

    P: 312.789.4054

Sold By Baird & Warner

Property Details for 3224 North Linder Avenue

Area
CHI - Portage Park
Num Of Parking Spaces
0.0

Location

Add your commute
LISTING UPDATED: 08/03/2023 12:36 PM

Property Details for 3224 North Linder Avenue

StatusClosed
MLS #10619986
Days on Market58
Taxes$9,093 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built-
Lot Size0.09 AC / 4,050 SF
CountyCook County

Building

Location

Add your commute

Building Information for 3224 North Linder Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.09 AC / 4,050 SF

Payment Calculator

$4,182 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,425

Property Taxes

$758

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3224 North Linder Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 27X150
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 10
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: $318.00
  • Fuel Expense: $3,505.00
  • Gross Income: $66,720.00
  • Gross Scheduled Income: $66,720.00
  • Insurance Expense: $2,948.00
  • Maintenance Expense: $1,500.00
  • Electric Expense Source: Actual
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 5560
  • Water Expense Source: Actual
  • Net Operating Income: $45,101.00
  • Operating Expense: $21,618.00
  • Other Expense: $1,000.00
  • Trash Expense: $1,459.00
  • Water Sewer Expense: $1,795.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • 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 3224 North Linder 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 3224 North Linder Avenue

Taxable ValueLand$9,607Additions$40,392Total$49,999
Tax Record2022$10,290 ($857 / month)
Home Facts
Baths6Total Finished SqFt4,308 SqFtAbove Grade Finished SqFt4,308 SqFtStories2Lot Size3,843 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN13-21-327-016

Schools near 3224 North Linder 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
Camras Elementary School
PublicPK to 8

Foreman High School
Public9 to 12

Chicago Academy High School
Public9 to 12

Chicago Academy Elementary School
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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.