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$1,100,000
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Property Description
Great opportunity with tons of potential...3-flat plus coach house on 35' lot in the heart of Logan Square. 5 apartments total: three in classic brick three flat with wonderful curb appeal, and two in rear coach house. In the front building are two 3BR/1BA simplex units and a 3BR/2BA duplex. Two 1BR apartments in the coach house. All apartments have hardwood floors, decks, and separate utilities, heat, and A/C. Common laundry on site. Attractive apartments are in great shape and easily rentable. Current rents are well under-market, and there is huge potential to raise rents further with easy updates to kitchens and baths. Existing pad for two tandem parking spots could generate more income (currently not used). Amazing location for tenants: pretty tree-lined street, 2 blocks to Milwaukee Ave shops and restaurants, 3 blocks to Blue Line, and Unity Park is at the end of the block. A rare find in this red hot neighborhood.
Full Property Details
Full Property Details for 3434 W Schubert Ave
General
- Sold For: $1,100,000
- Taxes: $18,093 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11905836
- Added to Site: 867 day(s) ago
Interior
- Interior Features: Laundry Room
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: Kimball to Wrightwood, West to St. Louis, north to Schubert, east
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air, Gas, Separate per Unit
Structural Information
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1913
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 4,059
- Lot Dimensions: 35 x 123
Financial Considerations
- Operating Expenses: $35,771
- Assessment Year: 1913
- Tax Amount: $18,093
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Hot Water
Disclosures and Reports
- Property ID: 13264030230000
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Schools
Schools serving 3434 W Schubert Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Monroe Elementary School, Chicago, IL 3651 West Schubert Avenue, Chicago, IL 60647 | PK-8 | 0.3 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3434 W Schubert Ave
Date
Details
Price
Change
Source
4/26/2024
Sold
$1,100,000
-11.65%
MLS
1/17/2024
Price Reduced
$1,245,000
-3.86%
MLS
10/10/2023
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3434 W Schubert Avenue, Chicago, IL 60647 (MLS# 11905836) is a Commercial property that was sold at $1,100,000 on April 26, 2024. This property was listed by John Murray from our McMullen/O'Hare Office.Want to learn more about 3434 W Schubert Avenue? Do you have questions about finding other Commercial real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.


