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2838 S Union Avenue, Chicago, IL 60616
$838,000
2838 S Union Avenue, Chicago, IL 60616View this property at 2838 S Union Avenue, Chicago, IL 60616
2838 S Union AvenueChicagoIL60616
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Property Description
Great turnkey investment opportunity with proforma 7.5% CAP rate, expected rental income of $6565/month including 4-car tandem garage when fully rented, very good existing tenants who have always paid rent on time; it also functions as an owner-occupied property while rental incomes can help mortgage payments. One of a kind, luxuriously remodeled, solid brick legal 3-unit with an additional in-law unit at the basement, situated on double lots 50'x121.7' with 2 separate PINS, in prime Bridgeport area, within Healy school district, close to parks and grocery, features a high-class kitchen, smart 4-door refrigerator, granite island and countertops, exhaust hood, soft close cabinets, backlighting LED tray ceilings; rainfall full body shower system, smart Nest thermostat, electric fireplace, new high-efficiency HVAC and water tanks, etc. The in-law unit has its own kitchen, central heat, washer/dryer hookup, and separate egress; Broker owned.
Full Property Details
Full Property Details for 2838 S Union Ave
General
- Sold For: $838,000
- Taxes: $9,923 (2019)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11017284
- Added to Site: 1, 160 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Bathroom Features: Whirlpool, Separate Shower, Full Body Spray Shower
Bedrooms
- Total Bedrooms: 11
Additional Information
- Pool Description: A
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 4
- Number of Cars: 4
- Parking Type: Garage
- Garage Description: Garage Door Opener(s), Tandem
Location
- Area: CHI - Bridgeport
- County: Cook
- Driving Directions: Halsted to 28th and Union
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full, Walk-Out
- Foundation: Concrete Perimeter
- Built Before 1978: Yes
- Remodeled/Updated: 2019
Unit Information
- Units in Building: 4
- Unit Location: 18586
Unit 1
- Level: 1
- Bedrooms: 4
- Tenant Pays: Electricity, Gas, Heat
Unit 2
- Level: 2
- Bedrooms: 2
- Tenant Pays: Electricity, Gas, Heat, Parking
Unit 3
- Level: 2
- Bedrooms: 3
- Tenant Pays: Electricity, Gas, Heat, Parking
Unit 4
- Level: B
- Bedrooms: 2
- Tenant Pays: Electricity, Gas, Heat
Lot Features
- Lot Size (Acres): 0.13
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 121.72
- Lot Features: Fenced Yard, Landscaped
Financial Considerations
- Parking Included: Yes
- Tax Amount: $9,923.05
- Tax Year: 2019
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Home Warranty
- Property ID: 17283100400000
Listed by Richland Global Inc
Sold by Goodland Realty Inc.
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Schools
Schools serving 2838 S Union Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3010 S Parnell Ave, Chicago, IL 60616 | PK-8 | 0.3 mi | |
Tilden Achievement Academy High School
4747 S Union Ave, Chicago, IL 60609 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2838 S Union Ave
Date
Details
Price
Change
Source
6/09/2021
Sold
$838,000
-5.63%
MLS
3/11/2021
Listed
$888,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2838 S Union Avenue, Chicago, IL 60616 (MLS# 11017284) is a Multi-Family property that was sold at $838,000 on June 09, 2021. Want to learn more about 2838 S Union Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.