3707 South Michigan Avenue
3707 South Michigan Avenue
$369,900
6
3
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Description
Don't miss an opportunity to purchase a legal 2-unit building with an additional garden unit in a red hot area. Each updated unit in this building is rental ready and features 3 bedrooms and 1 full bath. Lots of recent exterior / interior improvements. The garden unit can be used to rent out for additional income or used for in-law living as well. Separate utilities including 2 central ac units each for 1st and 2nd floor units. Investment return on illinois institute of technology student apartments...Don't miss an opportunity to purchase a legal 2-unit building with an additional garden unit in a red hot area. Each updated unit in this building is rental ready and features 3 bedrooms and 1 full bath. Lots of recent exterior / interior improvements. The garden unit can be used to rent out for additional income or used for in-law living as well. Separate utilities including 2 central ac units each for 1st and 2nd floor units. Investment return on illinois institute of technology student apartments is extremely high! It's also a lucrative business opportunity for airbnb. Property is close to the red line and green line, guaranteed rate field - chicago white sox, soldier field - chicago bears, mccormick place, shedd aquarium, adler planetarium, chinatown, and all major beaches. Low real estate taxes.
- Listed by James Kolar • HomeSmart Realty Group
- Listed by Rachel Frenzel • HomeSmart Realty Group
Property Details for 3707 South Michigan Avenue
Area
CHI - Douglas
TownshipSouth Chicago
OwnershipFee Simple
Num Of Parking Spaces0.0
Parking Included in PriceNo
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
Location
LISTING UPDATED: 04/26/2024 07:29 PM
Property Details for 3707 South Michigan Avenue
Status | Price Change |
---|---|
MLS # | 12004132 |
Days on Market | 45 |
Taxes | $3,950 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1948 |
Lot Size | 0.05 AC / 2,208 SF |
County | Cook County |
Location
Building Information for 3707 South Michigan Avenue
Stories-Residences2Year Built1948Building Size-Lot Size0.05 AC / 2,208 SF
Payment Calculator
$2,348 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3707 South Michigan Avenue
Property History for 3707 South Michigan 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 3707 South Michigan Avenue
Taxable ValueLand$7,644Additions$11,500Total$19,144
Tax Record2022$3,950 ($329 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,433 SqFtAbove Grade Finished SqFt1,433 SqFtStories2Lot Size2,184 SqFtStyleCondominiumYear Built1946CountyCOOKAPN17-34-315-007
Schools near 3707 South Michigan 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 - | 7 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Wells Preparatory Elementary Academy PublicPK to 8 | ||
Phillips Academy High School Public9 to 12 | ||
Perspectives Chtr - IIT Campus Charter7 to 12 | ||
Chicago Military Academy High School Public9 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.
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