3943 West Addison Street
3943 West Addison Street
$750,000
8
3
2,728
2,728
$275
Private Exclusive
Cancelled
Description
Property is a great fit whether it is for an owner occupant or pure investment purposes. Building has been diligently maintained - fresh tuckpointing with new window lintels! New paint in units, roof has recent silver coating, and vapor barrier in crawl space. TURNKEY investment property with modern updates (brick building) and stabilized rent - OVER 7% CAP RATE AT CURRENT RENTS - CASHFLOW OVER $1800/month | Unit 1F - 2 bed/ 1 bath - rented at $1525 - long term renters with lease that ends summer...Property is a great fit whether it is for an owner occupant or pure investment purposes. Building has been diligently maintained - fresh tuckpointing with new window lintels! New paint in units, roof has recent silver coating, and vapor barrier in crawl space. TURNKEY investment property with modern updates (brick building) and stabilized rent - OVER 7% CAP RATE AT CURRENT RENTS - CASHFLOW OVER $1800/month | Unit 1F - 2 bed/ 1 bath - rented at $1525 - long term renters with lease that ends summer 2022 | Unit 1R - 3 bed / 1 bath - rented at $1695 - long term tenant rented through summer 2022 | Unit 2 - 3 bed / 1 bath- rented at $2025 through March 2023. Maintenance is very minimal, and current maintenance person/handyman can continue to service the building as needed. This building checks all the boxes for tenants. Every unit has stainless steel appliances, dishwasher, washer/dryer in unit, HVAC (central air) & separate water heater. Kitchens feature granite countertops and beautiful islands. All bedrooms have a closet and can fit a queen size bed with a dresser. 2 car garage at property and 1 exterior spot. Building is located in an ideal spot that is close to public transportation and highway, but also in a quieter neighborhood (Avondale/Old Irving Park/Villa District). Low building expenses (all units have separated utilities) | NOI is $52,412 Note: All units are above grade, meaning no garden units and easy to rent.
Listing Agent
Property Details for 3943 West Addison Street
Status
Cancelled
AreaCHI - Avondale
Amenities
- Patio
- Back Yard
- Common Outdoor Space
- Barbecue Area
- Walk Up
- Garage
- On-site Parking
- Kitchen Dining
Location
LISTING UPDATED: 08/31/2022 10:28 AM
Property Details for 3943 West Addison Street
Status | Cancelled |
---|---|
Days on Market | - |
Taxes | $7,339 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | - |
Year Built | 1910 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Location
Virtual Tour
Building Information for 3943 West Addison Street
Stories2Residences3Year Built1910Building Size-Lot Size0.07 AC / 3,125 SFSenior Community-Levels / Stories-Waterfront-
Payment Calculator
$5,626 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3943 West Addison Street
Property History for 3943 West Addison Street
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 3943 West Addison Street
Taxable ValueLand$10,937Additions$35,062Total$45,999
Tax Record2022$9,499 ($792 / month)
Home Facts
Baths3Total Finished SqFt2,728 SqFtAbove Grade Finished SqFt2,728 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN13-23-300-007
Schools near 3943 West Addison Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 | |||
Public - | 7 to 8 |
Rating | School | Distance |
---|---|---|
Reilly Elementary School PublicPK to 8 | ||
Schurz High School Public9 to 12 | ||
Disney Ii Elementary School PublicPK to 6 | ||
Marshall Middle School Public7 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.
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