3422 North Hamlin Avenue

Chicago, IL 60618

$482,000
Last Sold Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Wonderful, well-cared for brick 2 Flat in Avondale. Incredible opportunity for investors and owner-occupied buyers as the property provides a strong cashflow, has a cap rate of 5.7%, and a healthy debt service coverage. The property features 3 units: A second floor 2 bed, 1 bath, and a heated enclosed porch/third bedroom unit, a first floor 2 bed, 1 bath unit, and a garden studio unit. The second and first floor units feature an eat in kitchen with a dishwasher, newer bathroom, hardwood floors, new...Wonderful, well-cared for brick 2 Flat in Avondale. Incredible opportunity for investors and owner-occupied buyers as the property provides a strong cashflow, has a cap rate of 5.7%, and a healthy debt service coverage. The property features 3 units: A second floor 2 bed, 1 bath, and a heated enclosed porch/third bedroom unit, a first floor 2 bed, 1 bath unit, and a garden studio unit. The second and first floor units feature an eat in kitchen with a dishwasher, newer bathroom, hardwood floors, new stovetop, and lovely woodwork. The first floor unit has brand new hardwood floors in the living room. There is a new washer/dryer (free) shared between all units in the basement of the building along with tons of storage. The property has a large backyard that is perfect for hosting friends and a 2-car garage off the alley. Location is prime as the property is less than a 5-minute walk to the Addison Blue Line, less than a 5-minute drive to the Kennedy Expressway, Jewel Osco and Target. Close proximity to great local restaurants including Smoque BBQ, Honey Butter Fried Chicken, and many other hot spots. Easy street permit parking available. Located in a friendly neighborhood.
  1. Listed by Jason Kotlowitz • Coldwell Banker Residential

Property Details for 3422 North Hamlin Avenue

Area
CHI - Avondale
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Radiator(s)

Location

Listing Courtesy of Coldwell Banker Residential

Sold By Luna Realty Group

Add your commute
LISTING UPDATED: 05/05/2021 09:08 AM

Property Details for 3422 North Hamlin Avenue

StatusClosed
MLS #10670786
Days on Market152
Taxes$5,659 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1931
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Residential

Sold By Luna Realty Group

Add your commute

Building Information for 3422 North Hamlin Avenue

Stories-Residences2Year Built1931Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,102 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,630

Property Taxes

$472

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3422 North Hamlin Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Reilly Elementary School
  • Jr High Middle School: Schurz High School
  • High School District: 299
  • High School: Schurz High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 81-90 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 3422
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 3800
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2020-03-24T03:46:15
  • Photos Count: 15
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 5
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors, Oven/Built-in
  • Sec Deposit $ - Unit 1: N/A
  • Tenant Pays - Unit 1: Other
Unit 2
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 6
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors, Oven/Built-in
  • Sec Deposit $ - Unit 2: N/A
  • Tenant Pays - Unit 2: Other

Property History for 3422 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 3422 North Hamlin Avenue

Taxable ValueLand$10,937Additions$27,649Total$38,586
Tax Record2022$7,968 ($664 / month)
Home Facts
Baths2.5Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyCOOKAPN13-23-312-033

Schools near 3422 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
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Reilly Elementary School
PublicPK to 8

Schurz High School
Public9 to 12

Antonia Pantoja High School
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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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 Coldwell Banker Residential

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.