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736 N Spaulding Avenue, Chicago, IL 60624
$600,000
736 N Spaulding Avenue, Chicago, IL 60624View this property at 736 N Spaulding Avenue, Chicago, IL 60624
736 N Spaulding AvenueChicagoIL60624
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Property Description
Heavy attention to detail was paid when this classic Chicago greystone was gutted to the bricks and rehabbed. Tremendous floor plans, all featuring in-unit laundry, individual mechanicals and utilities, nice use of light throughout each apartment, and spacious common areas are just some examples of the benefits to an investor-owner buyer. Fully occupied building with great long-term tenants. Tear-off roof 5 years old, complete masonry overhaul 7 years old, and the rest of the gut-rehab project was done 10 years ago. New water service to the street. Convenient central Chicago location is a commuter's dream whether you work downtown or in any of the suburbs, by public transportation, car, or bicycle. 4 blocks to Kedzie Ave Metra stop (UP-W Line), 6 blocks to Kedzie Ave CTA el stop (Green Line). 4 blocks to The Hatchery Chicago, a non-profit food and beverage incubator dedicated to helping local entrepreneurs build & grow successful businesses. Some of Chicago's iconic parks are nearby, including Garfield Park and its famous Conservatory, sprawling and beautiful Humboldt Park, and the famed Chicago Boulevard system linking you to other historic neighborhoods of Chicago. Rentometer Average 2 BR/1BA Rents within 1 Mile Radius are $1,000-$1,150. ProForma NOI is $66,064 (11.5% Cap Rate).
Full Property Details
Full Property Details for 736 N Spaulding Ave
General
- Sold For: $600,000
- Taxes: $5,136 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11945528
- Added to Site: 137 day(s) ago
Location
- Area: CHI - Humboldt Park
- County: Cook
- Driving Directions: Franklin Blvd (500N) to Spaulding Ave (3300W), north to property 726 N Spaulding Ave
Heating & Cooling
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Exterior Const.: Brick, Stone
- Stories/Levels: 3
- Square Feet: 4,956
- Year Built: 1905
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 31 x 125
Financial Considerations
- Operating Expenses: $11,936
- Assessment Year: 1905
- Tax Amount: $5,136
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Hot Water
Disclosures and Reports
- Property ID: 16112050270000
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Schools
Schools serving 736 N Spaulding Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
431 N Troy St, Chicago, IL 60612 | PK-8 | 0.4 mi | |
730 N Pulaski Rd, Chicago, IL 60624 | 9-12 | 0.9 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 736 N Spaulding Ave
Date
Details
Price
Change
Source
3/21/2024
Sold
$600,000
4.35%
MLS
12/12/2023
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
736 N Spaulding Avenue, Chicago, IL 60624 (MLS# 11945528) is a Commercial property that was sold at $600,000 on March 21, 2024. This property was listed by Matt Shrake from our Gold Coast Office.Want to learn more about 736 N Spaulding Avenue? Do you have questions about finding other Commercial real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.