Chicago, IL 60623,2407 S SPAULDING Avenue
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Chicago, IL 60623,2407 S SPAULDING Avenue
Chicago, IL 60623,2407 S SPAULDING Avenue
Chicago, IL 60623,2407 S SPAULDING Avenue
Chicago, IL 60623,2407 S SPAULDING Avenue
Listed by Juan Chaidezof Illinois Real Estate Partners Inc
Bought with Christopher Dewilde of Coldwell Banker Realty

$437,000

Est. payment /mo

$589,000

25.8%
Est.Price: ?

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2407 S SPAULDING Avenue Chicago, IL 60623

SOLD DATE : 09/26/2025

Key Details

Sold Price $437,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12294860

Year Built 1908

Annual Tax Amount $7,173

Tax Year 2023

Property Sub-Type Multi Family 5+

Property Description

Great investment opportunity for a multifamily 5-unit brick building located in the heart of the vibrant Little Village neighborhood. This 5-unit property features a 3-flat brick building with a full unfinished attic in front with an exterior frame rear porch that allows for additional porch space plus a rear brick 2-unit coach house. Also, a separate 2 car frame detached garage all on the same lot. This fully fenced property offers a significant potential for rental increases with long term tenants. Currently being rented to long term tenants at below market rates. Each unit is equipped with its own furnace heating system, water, and separate utilities providing tenants with control over their utilities and reducing owner expenses, offering an attractive return on investment. A high-performing asset with both immediate cash flow and long-term value appreciation! Conveniently located close to the thriving 26th street corridor that offers attractive shopping, restaurants, grocery, financial institutions, schools, houses of worship and much more! Close to Ogden CTA Train, bus lines, I-290 & I-55 Expressways. Units 1F & 2F are vacant and available for showings. Estate Sale - Sold "AS-IS".

Location

State IL

County Cook

Exterior

View Y/N true

Building

Structure Type Brick

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Lisa Hillman

Lisa Hillman

Agent | License ID: mrd264416

+1(630) 276-8455

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