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Listed by Christine Jankelowof Compass
$ 700,000
Est. payment /mo
Open Sat 12PM-2PM
2955 N Gresham Avenue Chicago, IL 60618
6 Beds
Open House
Sat May 02, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12627555
Bedrooms 6
Year Built 1887
Annual Tax Amount $12,301
Tax Year 2024
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Logan Square / Avondale turnkey two-flat in a prime location. This well-maintained property features updated granite kitchens with stainless steel appliances, custom tile work, hardwood floors, 2017 renovations included plumbing, electrical, HVAC, and windows. The first-floor unit is a spacious 2 bed / 1 bath, recently renewed at $2,000/month with a lease secured through 5/31/2027, providing immediate stable income. The second-floor unit is an expansive 4 bed / 2 bath duplex-up with a large, versatile flex space, currently rented at $2,500/month with lease expiring 6/15/2026, offering future upside potential. Tenants pay their own electric, gas, and heat, minimizing owner expenses. The property also includes a generous backyard and a large garage. Ideal for investors or owner-occupants alike, this property is just a short walk to public transportation, including the Blue Line, and steps from the vibrant Milwaukee Avenue corridor with its restaurants, shops, and nightlife.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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