3115 North Davlin Court, Chicago, IL

$950,000

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9

Beds

4

Baths

About 3115 North Davlin Court

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.

Features of 3115 North Davlin Court

MLS® # 12006590
Price $950,000
Bedrooms 9
Bathrooms 4.00
Acres 0.00
Year Built 1914
Type Residential Income
Sub-Type Two to Four Units
Status Contingent

Community Information

Address 3115 North Davlin Court
Area CHI - Avondale
City Chicago
County Cook
State IL
Zip Code 60618

Amenities

Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air, Radiant
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Roof Rubber, Flat
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 43
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGreystone Realty

Listing Map