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2155 North Spaulding Avenue, Chicago
Perfect opportunity for an investor or an owner who would like to live on a gorgeous tree-lined street, steps away from Palmer Square in a beautiful, classic Chicago, ~1,950SF living space, and to collect rents from three other large beautiful units. Each unit has three-bedrooms, two-bathrooms, separate (large) living rooms, dining rooms, and kitchens, and sun rooms. 2155 N Spaulding has been beautifully maintained, with the garden & first floor units rehabbed. There is a charming front yard, common area patio space, and a three car garage. There is upside opportunity to increase income easily with currently below market rents. Greater upside could be achieved in this booming location with a zoning change and converting the property to 6-8 units. For reference, 2bd/2ba units at about 950SF in the area rent for $2,000-$2,200/mo, suggesting an upside possibility of $211,200 in annual gross rents!
- MLS® #10545532
- Full Baths8
- Year Built1924
- Sub-TypeTwo to Four Units
- Parking Spaces3
- # of Garages3
- Address2155 North Spaulding Avenue
- AreaCHI - Logan Square
- Zip Code60647
- HeatingGas, Radiant
- Listing OfficeChicago Real Estate Resources
Price Change History for 2155 North Spaulding Avenue, Chicago, IL (MLS® #10545532)
|Price Reduced (from $1,540,000)||$1,450,000||$90,000 (5.84%)|
|Active (from New)||–||–|
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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. Information deemed reliable but not guaranteed.
Listing information last updated on November 21st, 2019 at 8:36am CST.