2928 N MANGO Avenue, Chicago, IL 60634

  • $670,000
  • $675,000
2928 N MANGO Avenue, Chicago, IL 60634
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Garages
  • 1929
  • Year Built
For Sale
2928 N MANGO Avenue, Chicago, IL 60634
  • $670,000
  • $675,000

Overview

Property ID: 23122779
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Garages
  • 1929
  • Year Built

Description

**Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago** Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: – **Large, Well-Maintained Traditional Chicago Yellow Brick Building:** Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. – **Spacious Units with Elegant Features:** Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. – **Modern Kitchens and Bathrooms:** Both units offer large eat-in kitchens with plenty of cabinets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. – **Comfortable Living Spaces:** The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. – **Income-Generating Garage and Impressive Financials:** The two-car garage is currently leased for extra rental income, and with a Net Operating Income (NOI) of $58,000 per year, this property promises strong returns on investment. – **Fully Finished Basement:** Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. – **Recent Upgrades:** The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. – **Prime Location:** Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.

  • Address 2928 N MANGO Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60634
  • Country United States

Details

Updated on August 22, 2024 at 10:09 am
  • Property ID: 23122779
  • Price: $670,000
  • Bedrooms: 6
  • Garages: 2
  • Year Built: 1929
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: MRD12100048
  • Office Name: SPACE FINDER INC
  • Agent Name: Carlos Alers
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD6515
  • List Agent MLSID: MRD43735
  • List Date: 2024-07-09T12:09:19.000Z
  • Roof: Flat
  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Tax Annual: 6129.09
  • Tax Year: 2023
  • County: Cook
  • Water Source: Public

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