Residential Income for Sale: 2424 W Moffat, Chicago, IL 60647 SOLD
7 beds
$822,501
$822,501
2424 W Moffat,
Chicago, IL 60647 SOLD
7 beds
$822,501
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Selling Price: $822,501
Original List Price: $875,000
Sold at 94.0% of list price
Sold Date: 09/24/2024
Type Residential Income
Beds 7
Year Built 1891
City Chicago
County Cook
School District 299
MLS 12096411
Status Closed
Amazing turn-key legal 3-unit with finished attic in the highly sought after Logan Square/Bucktown neighborhood! This property is in excellent condition with various updates made to all units by the owner over the course of owning the property. Some updates include updated bathrooms and kitchens. Forced air heating for all units and central A/C in units 1 and 2. All three units are 2bed/1bath with hardwood flooring throughout and spacious living and dining rooms. The finished attic just needs carpeting or vinyl plank flooring to give new owner 4 levels of finished space. There is also plenty of space for outdoor activities and entertainment with the front and rear porches and a beautiful backyard area. Not to mention it also comes with a 2-car garage. The location simply can't be beat with restaurants, shops, and bars nearby! Easy access to the Western blue line only half a block away! Rents are currently below market. This can be a cash cow with market rents over $7,500 per month. Based on market rents of: Attic: $1,500, Unit 1: $2,100, Unit 2: $2,100, Garden unit: $1,800. This building is perfect for both a savvy investor and an owner occupant!
Room Features
Basement Description Finished
Lot & Building Features
Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan, Public
Lot Dimensions 3000 ft
Price History of 2424 Moffat, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
07/17/2024 | Price Adjustment | $822,501 | 6.00% |
12/31/1969 | Listing Price | $875,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Paragon Property Management |