2702 W George Avenue, Chicago, IL 60618 - Photo 1

1/1

$1,124,000

Sold
Closed
Multi-Family
10 Total Beds
2 Car Garage

1/1

Property Description

Absolutely perfect corner building owner-occupant opportunity in a tree lined, highly desirable Avondale location. Four legal units. All units separately metered and top floor and 1R have central air. All units have in unit washer-dryers. Opportunity to increase rents on the rental units presents additional income potential. Kick-out clause in place for multiple units in the event an owner wants to occupy one of the units. Offered at an attractive 6.6% cap rate with room to increase. Property features a nice, private backyard and two car garage. No basement means minimal common area expenses. Agent owned interest. Come see this ideal apartment building and enjoy the benefits of multifamily ownership.

Full Property Details

Full Property Details for 2702 W George Ave

General

Sold For: $1,124,000
Taxes: $15,033 (2022)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12105447
Added to Site: 633 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 6

Bedrooms

Total Bedrooms: 10

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Type: Garage

Location

Area: CHI - Avondale
County: Cook
Driving Directions: California to George west to property.

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Exterior Const.: Vinyl Siding, Frame
Basement Desc.: None
Built Before 1978: Yes
Remodeled/Updated: 2024

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 24 x 125

Financial Considerations

Tax Amount: $15,033.82
Tax Year: 2022

Disclosures and Reports

Ownership: Fee Simple
Property ID: 13252160470000

Listed by New Era Chicago, LLC
Sold by Compass

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— 2702 W George Ave —

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Schools

Schools serving 2702 W George Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Brentano Elementary Math & Science Academy 2723 North Fairfield Avenue, Chicago, IL 60647	K-8	0.2 mi
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641	9-12	2.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2702 W George Ave

Date

Details

Price

Change

Source

9/30/2024

Sold

$1,124,000

-5.94%

MLS

7/09/2024

Listed

$1,195,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
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1
Total Bath
1,008
Sq. Ft.

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Commercial
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Updated 1 day ago

3,686
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Price Reduced

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Sq. Ft.

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3
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Single Family
Closed
Updated 1 day ago

5
Beds
4
Total Baths
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Sq. Ft.

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7
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2702 W George Avenue, Chicago, IL 60618 (MLS# 12105447) is a Multi-Family property that was sold at $1,124,000 on September 30, 2024. Want to learn more about 2702 W George Avenue? Do you have questions about finding other Multi-Family real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

2702 W George Ave Chicago, IL 60618