Chicago, IL 60618 3115 N Davlin Court

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Presented By: Greystone Realty
  • MLS# 12006590
  • 03/17/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 9
  • Baths • 4
  • SQFT • 2,880
  • Garage • 2

Home Details

ASSUMABLE VA MORTAGE AT 2.75%! VA Mortgages do not have PMI and non-veterans can assume them! Extremely rare opportunity to purchase an updated brick 4 unit on an oversized lot in Avondale with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other three. The building consists of (3) 2 bed 1 bath above grade units, and a 4th non-conforming garden unit with 3 beds 1 bath. Hardly anything to do as all units have many updates! Property has newer silver coat on roof, newer vinyl windows, 2 units with furnaces and central AC, coin laundry, sump pump, mostly copper water lines, 5 storage units, and 2 car garage with newer motor. Unit 2 just finished a gut rehab. Current tenants are month to month and far under market rate. Amazing location that is walking distance to Milwaukee Ave with nearby coffee shops, Restaurants, and Avondale bowl. We may never see 2.75% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption.
Presented By: Greystone Realty

Interior Features for 3115 N Davlin Court

Bedrooms

Bedrooms Possible9
Total Bedrooms9

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementFull
BasementFinished
Street SuffixCourt
Total Number of Units3

General for 3115 N Davlin Court

Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CountyCook
Days on Market40
DirectionsBelmont just W of Milwaukee to Harding S to Barry E to Davlin Ct and N to property
Electric Expense1068
Elementary School District299
Fuel Expense1380
Garage Spaces2
Gross Income49788
HeatingNatural Gas, Forced Air, Radiant
High School District299
Insurance Expense2580
MLS AreaCHI - Avondale
Middle/Junior School District299
Net Operating Income32235
New ConstructionNo
Percent OwnershipFee Simple
PossessionNegotiable
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber, Flat
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Street NameDavlin
Tax Annual Amount5902
Tax Year2022
Total Rooms15
TownshipJefferson
Virtual TourClick here
Water Sewer Expense1644
Waterfront Y/NNo
Year Built1914

Exterior for 3115 N Davlin Court

ExteriorBrick
Foundation DetailsConcrete Perimeter
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions30X138
Lot Size Acres0
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $950,000
MLS#12006590
List Date 03/17/2024
Property Type Contingent
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