North Center 2 Flat on wide RT4 Lot In Bell School District

3830 N Damen, Chicago, IL 

$675,000

3830 N. Damen Ave. Chicago, IL 60618

Type:  Multifamily 2 unit
Lot Size:  25' x 125'
Assessments:  n/a
Taxes:  $9,140
County:  Cook
Gross Income: $0
Unit 1: 6 room / 3 bed / 1 bath
Unit 2: 5 room / 2 bed / 1 bath
Neighborhood: North Center | St. Ben's

Listing Broker's property remarks: 
Charming True Chicago 2 Unit Greystone Perfectly Located on Tree Lined Street in North Center. This Property Comes with a High Level of Potential. Unit 1 Boasts Original Walnut Hardwood Flooring, 3 Bedrooms, 1 Bathroom as well as a Spacious Living Room, Designated Dining Room & Cozy Kitchen. The Second Unit is Complete with 2 Bedrooms, 1 Bathroom, Charming Kitchen, Living & Dining Room. Unfinished Basement with Shared Washer & Dryer for Convenience. Granite Foundation, Solid Building, Great Investment!

Brent Hall +client service notes:
Fantastic opportunity to convert an old Chicago greystone into a large single-family home or redevelop into high-end condos. 30' wide lots with RT-4 residential zoning are hard to come by, especially at this price. Look for a number of builders and investors to make bids. Pricing should push well into the mid $700's. It's worth every penny up to $750K. New construction condos with wide floor plans are an easy sell and the Bell School District will help to attract a large pool of buyers.

 

Do you own a property in Chicago that you think a builder or investor would be interested in buying, either as tear down (land value) or a rehab project? Contact Brent Hall to request an offer today or choose to list your property for sale on the open market.

Brent Hall: 312-725-6171

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