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$800,000

Est. payment - /mo

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6 Beds

4 Baths

Open Sat 11AM-1PM

3344 N Albany AVE Chicago, IL 60618

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Park Place Realty Group LLC

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

OPEN HOUSE

Sat May 03, 11:00am - 1:00pm

Sun May 04, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12344295

Style Bungalow

Bedrooms 6

Year Built 1929

Annual Tax Amount $13,219

Tax Year 2023

Lot Dimensions 27 X 125

Property Sub-Type Two to Four Units

Property Description

A property unlike any other in Avondale... An original bungalow home that has a ton of great ROI potential to update and add finished square footage! This 3+BD/2BA classic is one of the oldest homes in the neighborhood (1928). The sellers are an architect and an artist, and have lovingly maintained it! The hardwood floors throughout the main level are in great shape, and there are some charming built-in features including in the walk-in pantry in the kitchen. The basement is fully-finished with radiant heat floors to make it cozy warm year-round! This lower level features an additional bedroom, an office/den, a huge family room (that includes a wet bar and custom millwork), a full bath, a beautiful and functional new laundry area (with more custom millwork), and tons of storage. The attic is unfinished, and vast, spanning the entire house (less the edges where the ductwork for the SpacePac A/C system is tucked away). The opportunity for expansion into this space is exciting - our clients drew up plans (which they're happy to share), but life shifts have taken them in a different direction, and they haven't had the chance to realize their vision. Do you like the idea of growing your own veggies at home? Our sellers have built an amazing raised-bed garden enclosure next to the patio in the backyard - you'll have to see it to believe it! BUT WAIT, THERE'S MORE... This oversized lot (27' x 125') also has a carriage house in the back which was built in 1850! This fully-separate residence is currently being rented out as a thriving Airbnb (our clients are Superhosts) grossing almost 40K per year in revenue! It's an adorable turnkey 2BD/2BA unit, with a new roof, and a renovated kitchen and main-floor bath. For the right price, the sellers are willing to leave almost all the furnishings in this unit so it could immediately generate income for the new owners if they chose to keep it running as an Airbnb. There are even several bookings in the months ahead, so if the registration w/the City of Chicago is switched over quickly, the property can be acquired with bookings and immediate income! I would buy this property myself if I could - don't miss out on this opportunity!!!

Location

State IL

County Cook

Area Chi - Avondale

Zoning SINGL

Rooms

Basement Finished, Rec/Family Area, Sleeping Area, Storage Space, Walk-Up Access, Daylight, Full, Walk-Out Access

Interior

Heating Natural Gas

Equipment Multiple Water Heaters, Water Heater-Gas

Fireplace N

Exterior

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Von Linne School

Middle Schools Schurz High School

High Schools Schurz High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Christine Welch • Baird & Warner

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106