HOTlist Properties - Logan Square Income Property

HOTlist Properties - Logan Square Income Property

Logan Square income property for sale. Historic Logan Square/West Bucktown. Solid, brick 2Flat. Lots of new construction in area. Ideal purchase rehab for owner occupant, rent now & rehab later or tear down to build new.

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5 Notable Chicago Multifamily Sales in Feb 2014

5 Notable Chicago Multifamily Sales in Feb 2014

February 2014, a month when the spring market in Chicago should have been getting into high gear, was slow.  Compared to previous years, very few new listings hit the market so pent up buyer demand persists.  Here are 5 notable sales that closed in Feb 2014. (Contract dates are typically 30-60 days prior to close dates.)

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6 Notable Chicago Multifamily Sales In Jan 2014

6 Notable Chicago Multifamily Sales In Jan 2014

Seasonal activity of residential multifamily sales in Chicago may have slowed in January but plenty of Buyers and Sellers were still participating in the market.  Here's a list of 6 good income property buys across the north side neighborhoods of Chicago last month.

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HOTlist Properties - Bucktown Income Property On Double Lot

Chicago income property

Comments:

Nice residential development play here. Property consists of a large 3-flat (for the area) on a 48' x 100' lot with RT-4 zoning. The parcel appears to have only one PIN which means at this price the highest and best use is to tear down the building and build a 4-unit condo building, 2-single family houses or (1) large single family.  It will be interesting to see how this property gets redeveloped.  At $400K/lot, there's not a huge margin to be made but with property values continuing to rise in the Bucktown neighborhood, I think the buyer (new home builder?) will make out fine.

$800,000

2310-12 W Palmer St.
Chicago, IL 60647

Type:  Multifamily 3 unit & vacant lot
Total Units: 3
Total Rooms: 18
Total Bedrooms:  9
Total Baths: 3
Basement:  Full-unfinished
Parking:  TBD 
Lot Size:  48' x 100'
Year Built:  Unknown
Assessments:  n/a
Taxes:  $8,498.39
Grade School Dist:  #299
County:  Cook
Neighborhood: Bucktown

Information provided by:  Menard Johnson & Assoc., Allen Johnson

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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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HOTlist Properties - Big 3 Unit Multi-Family In Lakeview

3626-n-wilton-ave--chicago-HOTlist thumbnail.jpg

Comments:

Investor alert!  Great price for a seemingly well kept 3 unit greystone building in the heart of Wrigleyville. This income property sits on a double lot, on the L side of the street.  Lots of parking under the L tracks.  Expect a lot of bidders for this property. Looks like it's currently vacant.  The building was recently purchased at a Judicial sale foreclosure auction.  That makes this a flip but who cares, it's still priced right for the neighborhood.

$829,900

3626 N Wilton Ave
Chicago, IL 60653

Type:  Multifamily 3 unit 
Total Units: 3
Total Rooms: 16
Total Bedrooms:  6
Total Baths: 3
Basement:  Full-unfinished
Parking:  TBD 
Lot Size:  50' x 70'
Year Built:  Unknown
Assessments:  n/a
Taxes:  $14,742
Grade School Dist:  #299
County:  Cook
Neighborhood: Lakeview

Information provided by:  Goodwill Realty Group, Saul Zenkevicius

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Contact Brent Hall to discuss buying and selling real estate in Chicago. Direct 312-725-6171.

HOTlist Properties - Roscoe Village Tear Down

HOTlist Properties - Roscoe Village Tear Down

This is a land play for all you developers and builders out there.  Prime Roscoe Village / West Lakeview location.  25' x 125' lot, zoned RS-3. Recent sales put the value for this parcel in the $575,000 range.

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