Beds6
Baths4
Acres0.06
Year1897
Derek Light
(312) 545-1030
Status:
Active
Property Type:Multi Family- 2-4 Units
MLS #:11793187
On Site:125 Days
Lot Size:0.06 Acres
County:Cook
True FULL Gut Rehab down to the studs, on a lovely tree lined street in booming East Little Village. All units with modern, high end finishes; stainless steel appliances, quartz counters, in unit laundry, and hardwood floors throughout. The basement is also prepped to add 2 first floor units. Seller will build these 2 units out for an additional fee of $75,000/unit after closing in a massive value add opportunity. As a legal 6-unit with market rents (all current rents are massively under market) the proforma monthly income should be $7,500.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 8/21/2023 | $749,900 | $749,000 | -0.1% |
Community Information
Address:2542 S Albany Ave, Chicago, IL 60623
Area:South Lawndale
County:Cook
City:Chicago
School District:299
Township:South Chicago
Zip Code:60623
Architecture
Bedrooms:
6
Bathrooms:
4
Year Built:1897
Exterior Construction Type: Brick
Total # Units in Building: 4
Age Range: 100+ Years
Basement: Unfinished
Basement Type: Full
Garage Type: Detached
Attached Garage: Yes
Garage Ownership: Owned
Parking: Garage
Features / Amenities
Cars: 2
Garage Spaces: 2
Heat Source / Type: Natural Gas
Total Rooms:14
Property Features
Lot Size:
0.06 Acres
Lot Dimensions:Less Than .25 Acre
Sewer: Public Sewer
Water: Public
Directions:KEDZIE TO 26TH-- WEST TO ALBANY-- SOUTH TO 2542
Tax and Financial Info
Tax Year: 2021
Tax Annual Amount: $8,432
Ownership: Condo
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2542 S Albany Ave Chicago, IL 60623
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Listing provided courtesy of Main Street Real Estate Group.Listings courtesy of MRED MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of September 27, 2023 10:15 PM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS
