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3854 W Diversey Avenue Chicago, IL 60647 Multi Unit - Multiple New

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  • 3854 W Diversey Avenue, Chicago, IL 60647 Main Photo

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Description

Legal 3-flat located in Chicago's desirable Logan Square/Avondale neighborhood directly across from Kosciuszko Park. Excellent opportunity for investors, rehabbers, or owner-occupants looking to add value and build equity in a prime Northwest Side location. The property features two units offering 2 bedrooms and 1 bathroom, along with a top-floor unit that includes access to additional finished attic space. All units are separately metered for gas and electric utilities. The building offers strong rental income potential and presents an excellent opportunity for renovation to maximize future cash flow and appreciation. The property provides four levels of usable space, including the finished attic area. Seller and listing broker make no representations regarding the legality or permitted use of the attic space or bathroom. With solid fundamentals and a highly desirable location, this property offers significant upside for the next owner. Outdoor features include a fenced-in backyard, detached 2-car garage with alley access, and direct access to one of the neighborhood's most popular parks. Kosciuszko Park offers athletic fields, tennis and pickleball courts, an indoor pool, playground, walking track, and more. Conveniently located near the CTA Blue Line, I-90/94, restaurants, coffee shops, nightlife, and all the amenities that make Logan Square and Avondale among Chicago's most sought-after neighborhoods. Property is being sold as-is. Rare opportunity to acquire a legal 3-flat in a high-demand location with substantial value-add potential.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 7
Bathrooms: 4
County: Cook
Listed By:
Second City Real Estate 312-392-1650
MRED MLS
$635,000
Est. $4,115/mo
7beds
4baths
2cars
New to the Market New
BEDS7 BATHS4 full MLS#12686549
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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3854 W Diversey Avenue, Chicago, IL 60647.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $635,000$635,000$635,000
Down Payment $127,000$22,225$158,750
Monthly Mortgage Amount $3,046$3,788$3,923
Taxes $884$884$884
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$279$0
Monthly Estimated Total $4,115$5,136$4,992

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