3311 N Kostner Avenue, Chicago, Illinois 60641

$574,999
5
BD
3
BA

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List Price
$574,999
MLS#
12711311
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Bedrooms
5
Bathrooms
3
County
Cook
City
Chicago
Neighborhood
Kilbourn Park
Days On Market
6

Property Description

BIG PRICE IMPROVEMENT With this Great looking Old Irving Park (3 Unit) Multi-family! ((POTENTIAL FOR OVER 50K IN INCOME PER YEAR!)) The property is a legal 2 flat for disclosure purposes but lives and breathes like a (3 unit). The property consists of the 1st and 2nd floor being (2) bed (1) bath units and the attic is a one bed one bath unit. The basement has one large storage area and two private storage units that can be locked off. The property is located on a beautiful and quiet Tree Line Street. The building has been updated with Hardwood Floors, Laminate Floors, Stainless Steel Appliances and Updated Kitchens. There is some VALUE ADD if you wanted to ADD dishwashers to each of the units and install AC units for the first and second floors. Currently the first and second floors have HVAC, furnaces but no AC units. The attic unit has a Furnace and AC for that space. All (3) units have electric and gas that are separated out for each unit. ((ALL UTILITIES ARE SEPERATE FOR EACH UNIT)) There is a privacy fence that goes all around the entire yard. The building currently has two long-term tenants on the second floor and attic and the first floor is currently vacant. This would make for a perfect opportunity for someone to purchase the property and live in the first floor and collect rent from the other two. Super easy street parking although you are landlocked and there is NO garage. The property is super close to Kilbourne park, shopping, restaurants, public transportation and super quick access to the highway.

Additional Information

School District
299
Corporate Limits
Chicago
Tax Year
2024
Year Built
1916
Lot Dimensions
29 X 114 X 31 X 124
Lot Size Range
Less Than .25 Acre
Heating
Natural Gas, Forced Air
Sewer
Public Sewer
Basement
Yes

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