Under Contract

2036 N Spaulding Avenue

Chicago IL, 60647

$1,200,000


Under Contract

14 Beds

6 Baths

Residential

Built in 1890

Courtesy of Infiniti Properties, Inc.

Ladies and gentlemen, prepare to be enchanted as we unveil a true investment powerhouse nestled within the heart of Logan Square, a neighborhood known for its vibrant energy and eclectic charm! Behold, mere steps away from the verdant beauty of BLVD park, lies an extraordinary cash cow that defies all expectations - a Turnkey Residence/Investment beyond compare! As you step into the premises, let your senses revel in the splendor of a meticulously crafted yard, a verdant oasis that beckons you forth. But hold onto your hats, for the real magic awaits at the rear, where a sprawling expanse unveils itself, boasting not just one, not two, but a MULTI-CAR parking space - a rare treasure indeed in this bustling cityscape! Not only that, but three of those spaces are currently rented out, generating an additional $300 in income each month! But wait, dear friends, for the wonders do not end there! This marvel of architecture and opportunity comprises not just one, not two, but a grand total of FIVE units combined, each with its own unique charm and allure - and that includes a lucrative grandfathered-in unit commanding an impressive $1650 per month! Imagine, if you will, a stately 2-flat building, where each floor boasts 3 spacious bedrooms and 1 bathroom, offering comfort and tranquility at every turn. But that's not all - venture down into the depths of the basement, where you'll discover a hidden gem, complete with a cozy wet bar, an additional bedroom, and a full bathroom, ready to accommodate your every need, whether it be extra living space or a sanctuary for relaxation and repose! And now, dear friends, turn your gaze towards the COACH house, a true marvel of architectural ingenuity! Within its walls reside THREE units of pure delight - two of which boast 2 beautifully updated bedrooms and 1 bath each, while the third unit dazzles with 3 commodious beds and 1 bath of its own, promising a haven of comfort and luxury for all who enter. But let us not forget the piece de resistance - a grand total of 14 BEDROOMS and 6 FULL baths, plus that additional grandfathered-in unit, poised and ready to generate serious rental income! These renovated apartments stand as a testament to craftsmanship and attention to detail, offering move-in ready accommodations that are sure to delight even the most discerning of residents. And with ample parking space (including income-producing spots!) and a sprawling yard, the possibilities are truly endless - from family gatherings to sizzling cookouts and everything in between, this is a space designed for living life to the fullest and maximizing your return on investment! So seize the moment, dear friends, and grasp hold of this unparalleled opportunity to own a piece of Logan Square's future! With income potential as vast as the sky above, and a location that's second to none, there's never been a better time to make your mark on this thriving neighborhood! Schedule your private showing today, and step into a world of endless possibilities!

11982149

MLS ID

February 15, 2024

Listed

March 30, 2024

Updated

Map

2036 N Spaulding Avenue
Chicago IL, 60647

Interior Features

Bedrooms

14 Beds


Bathrooms

6 Baths


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Exterior Features

Deck, Porch


Lot Features

Fenced Yard, Pasture


Roof

Shake


Sewer

Public Sewer

School Information

School District

299

Other Property Details

Area Name

CHI - Logan Square


Taxes

$14,100


Tax Frequency

Annually


Days on Market

38


Garage

No


Parking

Off Alley, Alley Access, Parking Lot


Parking Total

8


View

No


County

Cook


Municipality

North Chicago


Water Source

Lake Michigan


Pool

No


Zoning

COMMR


Buyer Agency Compensation

2%-$399

Listing History

Date

Event

Price

3/21/2024

Under Contract

Courtesy of Infiniti Properties, Inc., Jason Rosenberg,
Listing Contact: 312-998-1499 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than NiKo Collaborative are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/30/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 3:12 AM UTC, 3/30/2024

 

 

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