2553 North Spaulding Avenue, Chicago, IL

$1,295,000

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11

Beds

4

Baths

About 2553 North Spaulding Avenue

The trophy building you've been waiting for. Rare opportunity to acquire huge corner brick building in A+++ Logan Square location on over sized (5592 square foot) lot. Building was gut renovated ~10 years ago with new everything -- windows, roof, HVAC, plumbing, electric, kitchens, tuck-pointing, masonry, bathrooms, drywall, floors, etc. Extra side area to the south of the property that can be easily converted to parking spaces. All units have great natural sunlight and have large bedrooms. Very well maintained building with "turn-key" opportunity to easily manage. Rents can be increased in the current as-is condition or increased significantly with minimal upgrades. Building is in the ADU zone, so next owner can legally convert basement into 5th dwelling unit. With new loan programs coming, purchase this property with just 5% down and live in your own castle in Logan Square. (agent owned but not affiliated with listing agent)

Features of 2553 North Spaulding Avenue

MLS® # 12014708
Price $1,295,000
Bedrooms 11
Bathrooms 4.00
Acres 0.00
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 2553 North Spaulding Avenue
Area CHI - Logan Square
City Chicago
County Cook
State IL
Zip Code 60647

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 31
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNew Era Chicago, LLC

Listing Map