Peter Moore Real Estate Team

2844 West Addison Street
CHICAGO, IL 60618

Pending

$1,199,000

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  • 1931 Year Built

  • 3/1/2017 List Date

Condo association is looking to de-convert into a profitable 7 unit multi-family with 3 parking spots. On the border of Old Irving and Avondale this building consists of seven 2 bedroom 1 bath condos with updated kitchen and baths plus washer/dryer in unit. Offers are subject to 75% owner approval. Tremendous rent potential. Aprox 50% of building already rented. No deferred maintenance. Building is very healthy.
MLS#
09516543
Property Type
Commercial
original price
$1,199,000

Additional Details

Exterior

Multi Family Details

This listing 2844 West Addison Street Chicago, Il 60618 is a multi family 5+ listing . 2844 West Addison Street was built in 1931. 2844 West Addison Street is located in Chicago and in ZIP Code 60618. It has been listed on our site since 3/1/17.

Presented by

Peter Moore

  • Direct 312.981.2317
  • Cell 312.371.9422

Listing Office

Baird & Warner

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Irving Park

Irving Park

Irving Park has a long and rich history and a community that strives to keep that history alive through preservation of their historic architecture. Old, large elm and ash trees line Irving Park’s shady streets and avenues populated by substantial mansions, ornate apartment buildings and quaint bungalows. Home to a friendly and neighborly nightlife and famous restaurants like Smoque BB...

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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Key Mortgage Services

Office 877.296.5757 Il License #1012 NMLS# 155748 Prequalify