Chicago, IL 60645 2700 W Albion Avenue

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Presented By: Keller Williams ONEChicago
  • MLS# 12148539
  • 09/20/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 3

Home Details

Well-maintained long-time family-owned, legal 6-flat offers an exceptional opportunity for investors. Recently updated with a full tear-off roof in 2023 and a newly replaced parapet wall, this property is primed for long-term stability. Each unit is on a month-to-month lease with under-market rents, providing significant potential for increased passive income. The building features a 2-car garage, with all units equipped with their own furnace, and four units with central air conditioning (HVAC 2016). Located in the desirable West Ridge neighborhood, this property represents a solid investment with room for value growth. Don't miss out on this opportunity to enhance your portfolio and capitalize on its potential.
Presented By: Keller Williams ONEChicago

Interior Features for 2700 W Albion Avenue

Other Interior Features

Total Fireplaces

General for 2700 W Albion Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual, Window Unit(s)
CountyCook
Days on Market6
DirectionsWest on Devon, North on Washtenaw, West on Albion
Electric Expense183
Fuel Expense1620
Gross Income76800
Insurance Expense4392
Lot Size Square Feet4387
MLS AreaCHI - West Ridge
MaintenanceExpense1000
Net Operating Income52481
NumberOfUnitsTotal6
Operating Expense13109
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount11393
Tax Year2023
Tenant PaysElectricity, Heat
TownshipRogers Park
Trash Expense2957
Water Sewer Expense2957
Year Built1918
ZoningMULTI

Exterior for 2700 W Albion Avenue

ExteriorBrick
Foundation DetailsConcrete Perimeter
Lot Dimensions125 X 25

Additional Details

Price History

Worth Clark

Price $900,000
MLS#12148539
List Date 09/20/2024
Property Type Multi-Family
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