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$1,020,000
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Property Description
AVONDALE 4-FLAT: Huge brick four-unit (nine-bedroom) building located on a 50 x 125 lot WITH AN ASSUMABLE FHA MORTGAGE BELOW 3. Features new roof, newer windows, updated bathrooms, rehabbed kitchens and baths, and updated electric. New HVAC system installed in 2022. Part of a $130K renovation. Each unit includes a living room, formal dining room, and eat-in kitchen with hardwood floors throughout. Three units are currently leased at below-market rents, and one unit is unoccupied and ready for an owner-occupant or new tenant. The property also offers an assumable mortgage at very low rate, providing a unique financing opportunity. The large basement includes individual storage areas for each unit and offers potential for future expansion, along with a larger storage unit currently rented for $395/month. Enclosed exterior staircases add convenience and security.
Full Property Details
Full Property Details for 3438 N Hamlin Ave
General
- Sold For: $1,020,000
- Taxes: $15,361 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12443754
- Added to Site: 194 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: Commuter Train
Location
- Area: CHI - Avondale
- County: Cook
- Driving Directions: South of Addison just west of Central Park
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
- Zoning: MULTI
Financial Considerations
- Tax Amount: $15,361
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13233120270000
Listed by HomeSmart Realty Group
Sold by Jameson Sotheby's Intl Realty
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Schools
Schools serving 3438 N Hamlin Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Reilly Elementary School 3650 West School Street, Chicago, IL 60618 | PK-8 | 0.3 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 0.7 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 3438 N Hamlin Ave
Date
Details
Price
Change
Source
1/16/2026
Sold
$1,020,000
—
MLS
10/03/2025
Price Reduced
$1,019,990
-2.81%
MLS
8/12/2025
Listed
$1,049,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3438 N Hamlin Avenue, Chicago, IL 60618 (MLS# 12443754) is a Multi-Family property that was sold at $1,020,000 on January 16, 2026. Want to learn more about 3438 N Hamlin 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.

