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$999,900

Est. payment - /mo

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6 Beds

3 Baths

Active Under Contract

1924-26 N Kimball AVE Chicago, IL 60647

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12278744

Bedrooms 6

Maintenance Fees $1,000

Year Built 1901

Annual Tax Amount $10,964

Tax Year 2023

Lot Dimensions 8,850 SF

Property Sub-Type Two to Four Units

Property Description

Large & well-maintained 3-Flat on an extra-deep, double lot with TWO PINS, measuring 50'X177' in Prime Logan Square right down the block from the 606. The unique depth of each lot at 177' long provides unmatched outdoor space with nothing like it the City. Extremely unique opportunity to acquire an income-producing 3-Flat multi-family building AND a vacant lot, currently used as a giant side-yard. The 1924 vacant lot has a separate PIN, with no encroachments, making it the ideal candidate to build a brand new multi-family building or single family home right next to the 1926 building. Endless potential with tons of new construction developments on the block. The 1926 building offers a variety of possibilities. Each 2BD+Den/1BA unit occupies an entire floor and has expansive floor plans at nearly 1,800 sq.ft. feature huge living rooms with wood burning fireplaces, separate dining areas and kitchens. Hold as an armchair investment and collect rent while watching the neighborhood continue to appreciate. Or add value with a gut renovation and convert into modern, luxury rental units, adding more bedrooms and bathrooms. This is truly a once-in-a-lifetime opportunity. Take in the vibrant surroundings of this booming neighborhood and all of the wonderful shops, restaurants, parks and nightlife that Logan Square has to offer. All this less than one block away from the 606 Bloomingdale Trail, and steps from Logan Blvd. Close to plenty of public transportation options like the CTA Blue line, and near all major expressways. 2.5-car Garage and 3-car gated exterior parking spaces complete the package. Low building expenses. Tenants pay their own utilities. Separate meters, updated electrical, recent tuck-pointing, some new windows & mechanicals throughout. Unrivaled outdoor space including large back decks and a grassy backyard fully enclosed by a new wooden fence offering ultimate privacy. You must-see this one to believe the size and potential of this exceptional property, waiting for its new owner.

Location

State IL

County Cook

Area Chi - Logan Square

Zoning MULTI

Rooms

Basement Full, Walk-Out Access

Interior

Heating Natural Gas

Equipment Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Security Cameras, Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Patio, Above Ground Pool

Parking Features Detached

Garage Spaces 2.5

Community Features Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Tar/Gravel,Flat

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Amy Duong • Compass

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106