736 N Spaulding Avenue
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736 N Spaulding Avenue

736 N Spaulding Avenue, Chicago, IL 60624

$600,000
Heavy attention to detail was paid when this classic Chicago greystone was gutted to the bricks and rehabbed. Tremendous floor plans, all featuring in-unit laundry, individual mechanicals and utilities, nice use of light throughout each apartment, and spacious common areas are just some examples of the benefits to an investor-owner buyer. Fully occupied building with great long-term tenants. Tear-off roof 5 years old, complete masonry overhaul 7 years old, and the rest of the gut-rehab project was done 10 years ago. New water service to the street. Convenient central Chicago location is a commuter's dream whether you work downtown or in any of the suburbs, by public transportation, car, or bicycle. 4 blocks to Kedzie Ave Metra stop (UP-W Line), 6 blocks to Kedzie Ave CTA el stop (Green Line). 4 blocks to The Hatchery Chicago, a non-profit food and beverage incubator dedicated to helping local entrepreneurs build & grow successful businesses. Some of Chicago's iconic parks are nearby, including Garfield Park and its famous Conservatory, sprawling and beautiful Humboldt Park, and the famed Chicago Boulevard system linking you to other historic neighborhoods of Chicago. Rentometer Average 2 BR/1BA Rents within 1 Mile Radius are $1,000-$1,150. ProForma NOI is $66,064 (11.5% Cap Rate).

4,956 Sq.Ft. LIVING AREA

Matt Shrake

Matt Shrake

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area4,956 Sq.Ft.
  • MLS® ID11945528
  • TypeCommercial
  • YEAR BUILT1905

Exterior

  • STORIES3

Financial

  • Sales Price$600,000
  • Real Estate Tax $5,136/yr

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