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1840 N St Louis AVE Chicago, IL 60647
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,021 sqft
Price per Sqft $129
MLS Listing ID 10301697
Sold Date 04/19/19
Year Built 1888
Annual Tax Amount $8,852
Tax Year 2016
Lot Dimensions 25X177
Property Sub-Type Multi Family 5+
Property Description
This is a rare opportunity to invest in the hottest neighborhood now, be a block away from the 606 Bloomingdale Trail, restaurants and coffee shops on Armitage and Kedzie, and be surrounded by multiple new developments in Logan Square. This legal 5 unit property, with 3 units and an unfinished basement in the front brick building and 2 units in the rear frame coach house, offers a variety of uses- keep as is and continue collecting rent; make improvements overtime, keep up with demand and collect market rent for better cash flow; reposition or develop into condos or just add to your portfolio of income producing properties and see it appreciate in value. Tremendous potential for the savvy investor who understands construction and the value add play. Ask agent about detailed study on value after repair, repair estimates, market rents, etc. See for yourself and have a bite at neighborhood favorites- Giant, Parson's, Scofflaw, Damn Fine Coffee Bar. Call now to schedule a showing.
Location
State IL
County Cook
Area Chi - Logan Square
Interior
Fireplace N
Building
Level or Stories 3
Structure Type Brick,Wood Frame
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Bought with Susan Nice • Dream Town Realty
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