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2530 N Neva Ave 2530 N Neva Ave

4 Unit Apartment Building $850,000 ($212,500/Unit) Chicago, IL 60707

Executive Summary

Fantastic investment opportunity in the sought-after Montclare neighborhood of Chicago, just steps from the Diversey and Harlem Terminal and across from Elmwood Park. This well-maintained multi-family property sits on a spacious double lot with gated access, featuring four units across two buildings, and a finished basement. The front building offers a duplex-up with 2 bedrooms, 2 bathrooms, and 2 living rooms, as well as another 2-bedroom, 2-bath unit with a separate dining room. The coach house includes a duplex-up with 2 bedrooms and 1 bathroom, ideal for owner-occupancy, along with a 1-bedroom, 1-bath unit. Front building has basement offering potential for additional income. Recent updates, including newer siding, roof, and windows, provide low maintenance, while tenants benefit from a shared coin-operated laundry. With its prime location near public transit, shopping, and dining, this property offers excellent income potential and long-term value in a desirable area. For sale by owner.

Property Facts

Price $850,000
Price Per Unit $212,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,500 SF
No. Stories 2
Year Built 1890

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-30-316-033-0000
Land Assessment
$9,688
Improvements Assessment
$42,751
Total Assessment
$52,439
  • Listing ID: 33489620

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 2530 N Neva Ave, Chicago, IL 60707

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