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If you are seeking a dynamic investment opportunity with the potential for immediate profit growth, then look no further. This certified five unit residential two story with garden apartment offers exactly that. Flanked on either side and all up and down the street by commercial properties, this unit has the potential to be rezoned as a commercial building. These owners have meticulously cared for this building and in fact have completed many recent renovations adding to its value and desirability. Located in a prime North Harlem Avenue location, this property is within walking distance of the Amtrak station and the CTA buses. Currently three units are occupied on month to month leases, leaving you free to bring in your own tenants or continue with the existing leases. The spacious second front level unit is perfect for owner occupying. With all brand new vinyl clad tilt-in windows which are above ground level and dressed with brand new blinds, the garden apartment renovation has just been completed.
For Sale by Owner
$599,000

2511 N Harlem Ave Chicago, IL 60707

Beds: 9
Baths: 5
Sq. Ft.: 3,000
$/Sq. Ft.: $200
Lot Size: -
Seller Type:By Owner
Community: Chicago
County: Cook
Listing #: 1175575727
Source: Oodle
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 314 days

Amenities

  • Washer Dryer

Overhead View of 2511 N Harlem Ave, Chicago, IL 60707

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Property History for 2511 N Harlem Ave

Date Event Price Appreciation Source
Jan 15, 2009 Listed $599,000 -- Oodle #1175575727
Jun 18, 2002 Sold (Public Records) $350,000 -- Public Records

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Public Facts for 2511 N Harlem Ave

Beds: -
Baths: 2.0
Finished Sqft: 1786
Unfinished Sqft: -
Total Sqft: 1786
Floors: 2
Lot Size: 3,125
Style: Multi-Family (5+ Unit)
Year Built: 1927
Year Renovated: -
County: Cook County
APN: 13303160200000
Last Updated: November 18, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $5,500
Additions $31,815
Total $37,315
Tax (2007) $5,304

What's the Market Like for Houses Near 2511 N Harlem Ave?

House: $/Sq. Ft. in 60707

Median House Values

Select a place below for more pricing guidance.
List $ $/Sq. Ft. Sale/List
Montclare $219,000 $202 98.3%
60707 $249,900 $204 96.4%
Chicago $209,000 $172 95.9%
Elmwood Park $269,000 $211 95.9%
Cook County $234,900 $173 95.3%

Home Value Estimates for 2511 N Harlem Ave

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Average: $122/Sq. Ft.
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