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740 N Leclaire Avenue, Chicago, IL 60644
$285,000
740 N Leclaire Avenue, Chicago, IL 60644View this property at 740 N Leclaire Avenue, Chicago, IL 60644
740 N Leclaire AvenueChicagoIL60644
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Property Description
Fantastic investment opportunity! This charming 2-unit building offers versatility and potential for savvy investors or homeowners seeking rental income. The first floor boasts a vacant and move-in-ready 2-bedroom, 1-bathroom unit, perfect for immediate occupancy. The second floor features a spacious 3-bedroom, 1-bathroom unit, currently occupied by a reliable Section 8 tenant who pays $1,525 per month, ensuring consistent rental cash flow. With separate utilities and gas forced air for both units, maintenance and management are made convenient. Take advantage of the option to reside comfortably on the first floor while benefiting from rental income on the second, or maximize your returns by renting out both units. Located on a great block in a prime location, this property is a rare find in today's market. Don't miss your chance to own this income-generating gem!
Full Property Details
Full Property Details for 740 N Leclaire Ave
General
- Sold For: $285,000
- Taxes: $1,507 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11870801
- Added to Site: 243 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Type: None
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: CHICAGO AVE WEST OF CICERO TO LECLAIRE(5100W)SOUTH
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Frame
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Year Built: 1895
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1895
- Tax Amount: $1,507.96
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16092010310000
Listed by YBRS Realty Inc.
Sold by Re/Max Partners
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Schools
Schools serving 740 N Leclaire Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
720 N Lorel Ave, Chicago, IL 60644 | PK-8 | 0.3 mi | |
3250 W Adams St, Chicago, IL 60624 | 9-12 | 2.6 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 740 N Leclaire Ave
Date
Details
Price
Change
Source
11/21/2023
Sold
$285,000
-4.68%
MLS
8/27/2023
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
740 N Leclaire Avenue, Chicago, IL 60644 (MLS# 11870801) is a Multi-Family property that was sold at $285,000 on November 21, 2023. Want to learn more about 740 N Leclaire Avenue? Do you have questions about finding other Multi-Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.