184 North Lamon Avenue, Chicago, IL

$700,000

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8

Beds

5

Baths

About 184 North Lamon Avenue

Don't miss out on this NEW 3 unit building (Built in 2022 ) that was built and designed as condos. Custom kitchen cabinets with Quartz counter tops and custom glass back splash. Hardwood floors, and custom lighting. All units have washer/dryer, water heaters and ceiling fans. Whirlpool and GE Appliances. Building has 3 parking spaces in rear of building. Building owner is using a unique rental plan (SRO) of renting out each bedroom to medical workers/student, Amazon and state workers. As of April 1, 2024 the building is generating $6100 in income per month, with the potential to generate $8,500 per month using the present plan when all bedroom are full. Buyer can convert units to full unit rentals or sell as condos. Close to shopping and interstate. Income and expenses are from September thru February 2024. Need 24hrs to show.

Features of 184 North Lamon Avenue

MLS® # 11965790
Price $700,000
Bedrooms 8
Bathrooms 5.00
Acres 0.00
Year Built 2022
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 184 North Lamon Avenue
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Parking Spaces 3
Parking Unassigned, Off Alley, Alley Access
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement None

Exterior

Exterior Vinyl Siding,Brick
Lot Description Corner Lot, Fenced Yard, Sidewalks, Streetlights
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 111
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner

Listing Map