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306 N Hamlin Avenue,  Chicago IL, 60624

(Active)
$475,000
|
9 beds, 6 baths
|
MLS# 11984971
Last Updated: 5/14/2024 2:23 AM
Description for 306 N Hamlin Avenue Chicago, IL 60624
Welcome to 306 North Hamlin Avenue, a fantastic multi-family property that offers an incredible investment opportunity in the vibrant East Garfield Park neighborhood. Long-term tenants currently occupy the property, ensuring a stable rental income. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms. With long-term tenants already in place, you can enjoy a steady rental income from day one. Unit 1 received a full remodel in 2021, while Unit 2 was updated in 2022 with Vinyl Flooring. New stove and HVAC system installed in Unit 3 ensuring comfort for its occupants throughout the year. Recent updates have also been made to the building's exterior, with both front and back gates being replaced in 2021. Inside each unit, you'll find separate utilities and in-unit laundry facilities, providing convenience and privacy for all residents. Perfectly situated for easy commuting, this property offers quick access to the CTA Green and Pink Lines, as well as the nearby Eisenhower Expressway (I-290). Don't miss out on this wonderful opportunity to own a well-maintained multi-family property in the rapidly developing East Garfield Park neighborhood. This turnkey investment is sure to meet your needs.
Price
$475,000
Cook
9
6
11984971
Active
Description
Welcome to 306 North Hamlin Avenue, a fantastic multi-family property that offers an incredible investment opportunity in the vibrant East Garfield Park neighborhood. Long-term tenants currently occupy the property, ensuring a stable rental income. The property features three spacious units, each offering 3 bedrooms and 2 bathrooms. With long-term tenants already in place, you can enjoy a steady rental income from day one. Unit 1 received a full remodel in 2021, while Unit 2 was updated in 2022 with Vinyl Flooring. New stove and HVAC system installed in Unit 3 ensuring comfort for its occupants throughout the year. Recent updates have also been made to the building's exterior, with both front and back gates being replaced in 2021. Inside each unit, you'll find separate utilities and in-unit laundry facilities, providing convenience and privacy for all residents. Perfectly situated for easy commuting, this property offers quick access to the CTA Green and Pink Lines, as well as the nearby Eisenhower Expressway (I-290). Don't miss out on this wonderful opportunity to own a well-maintained multi-family property in the rapidly developing East Garfield Park neighborhood. This turnkey investment is sure to meet your needs.
Listing Information
Property Type: Multi-Family, Other
9 6
24 2008 Brick,Stone
West Chicago//
Concrete Perimeter
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Gas Heat, Forced Air
None
Exterior / Lot Features
3 Parking Spaces,
Brick, Stone
Asphalt
25X125
Driving Directions
Lake Street to Hamlin, 1st building on N/W corner
Financial Considerations
16113040410000
$9,049
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60624 has a population of 2,781,445.

The median household income in Chicago, Illinois 60624 is $27,226. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60624 is 38 years.

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Courtesy: Equitable Investment Group Inc
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/14/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/14/2024 2:23 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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