Address
2239 W Fullerton Avenue Chicago, IL
Price
$ 579,000
Property Attributes
  • MLS#10959615
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Logan Square
  • NeighborhoodLogan Square
  • Zip60647
  • Style
  • Year Built1900
  • Taxes9774
  • Price$ 579,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2450
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Chicago Real Estate Resources
Property Description

Do the math... 23% ROI (continue reading to the end for additional financial analysis). Ideal property for live-in owner or investor to get a great deal for a renovated turnkey building featuring a large duplex down (3) bedroom (2) bathroom unit and a (2) bedroom unit on the second floor. The large duplex down is currently available for a live-in owner. Don't miss this opportunity to acquire a prime income-producing property at historically low-interest rates in a rapidly appreciating area. Both units are condo quality offering: in-unit laundry, modern kitchens, luxurious bathrooms with radiant floor heat, hardwood floors, and outdoor space. The tranquil landscaped backyard offers mature trees, a patio, and low maintenance slate hardscaping. The property also includes a two-car garage. Instant highway access, while still allowing an easy walk to Bucktown's best shopping, restaurants, and public transportation. Income of $4,350/month with expenses of only $2,934/ month (expenses assumptions: 20% down payment, 3% interest rate, 30-year term, Taxes $9,774 & insurance $2,000 annually). 23% ROI analysis... Annual cash flow $16,992 + year one principal paydown of $9,670 = year one total return of $26,662... 23% ROI on 20% down payment ($115,800).

Price History
12/29/2020 Listed $579,000

General Features

Architectural Style Other
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Contingency Attorney/Inspection
Elementary School District 299
Heating Natural Gas, Forced Air
High School District 299
Middle/Junior School District 299
New Construction No
Property Type Residential Income
Property Type Two to Four Units
Sewer Public Sewer, Sewer-Storm
Standard Status Active Under Contract
Subdivision Name Logan Square
Zoning MULTI

Interior Features

Basement Finished, Exterior Access
Basement Full, Walkout
Bedroomspossible 5
Full Baths Building 3
Full Baths Unit 1 2
Full Baths Unit 2 1
Total Baths 3
Total Bedrooms 5

Exterior Features

Exterior Brick
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 24 X 100
Water Source Lake Michigan, Public

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60647

Price
AVG $550K
$580K
Taxes
AVG $8,019
$9,774
Visits
AVG 48
6
Year Built
AVG 1969
1900
Walkscore
AVG 92
95
Data Provided by Walkscore ® not using MLS data