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Archived over 5 years ago

$399,000

4 bd 2 ba 2400 sqft

31XX N Monticello, Chicago, IL 60618

Residential Duplex Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1200 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1200 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: Yes

Avondale Brick 2 Unit Chicago

Purchase: $399,000

Rehab: Moderate

ARV: $700,000+/-

PIN: 13-26-106-034-0000

Property Highlights:

Great brick legal 2 unit in Avondale

Needs rehab

Amazing opportunity

2 Huge Bedrooms and 1 colossal bathroom per unit

Full Basement, very deep, finish or duplex

Neighborhood Highlights:

Great Community
Close to Restaurants & Entertainment
Close to Shopping
Close to Expressway
Close to Metra & Bus stations
Close to schools
10 minutes to downtown

Sale Comps:

3134 N Monticello Ave, Chicago, IL 60618
Closed: $692,000

2963 N Allen Ave, Chicago, IL 60618
Pending: $634,000

3051 N Gresham Ave, Chicago, IL 60618
Closed: $570,000

Terms of Sale:
Cash & Private Money Only will be Considered
Deposit: $5,000 required at acceptance
Quick Closing: These Deals Move FAST and so will you if you’re the Buyer. Please be Prepared to Settle as soon as title is Clear
Broker's Welcome: Buyer Brokers... add your commission to the price

Contact me direct for more pictures and showing instructions.

Location:

31XX N Monticello, Chicago, IL 60618

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.