Off market sep 2024 for $1.1M

—

Est. refi paymentEst. refi $8,652/mo

•

—

sq ft

2702 W George Ave, Chicago, IL 60618

About this home

Absolutely perfect corner building owner-occupant opportunity in a tree lined, highly desirable Avondale location. Four legal units. All units separately metered and top floor and 1R have central air. All units have in unit washer-dryers. Opportunity to increase rents on the rental units presents additional income potential. Kick-out clause in place for multiple units in the event an owner wants to occupy one of the units. Offered at an attractive 6.6% cap rate with room to increase. Property features a nice, private backyard and two car garage. No basement means minimal common area expenses. Agent owned interest. Come see this ideal apartment building and enjoy the benefits of multifamily ownership.

Multi-familyProperty Type

3,000 sq ftLot Size

2 car garageParking

Listed by Michael Hagenson • New Era Chicago, LLC

Bought with Jordan Euson • Compass

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12105447

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Avondale, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

102.2%

2.2% MoM

Median sale price

$641K

$15K MoM

Avg. days on market

45d

7 days MoM

Recently sold homes

8 MoM

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4 beds2 baths1,460 sq ft
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Studio1 bath— sq ft
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OPEN SAT, 9AM TO 11AM
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5 beds2 baths— sq ft
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6 beds3 baths— sq ft
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OPEN THU, 4PM TO 5:30PM
$430,000
2 beds2 baths1,200 sq ft
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EARLY ACCESS
$1,395,000
12 beds5 baths— sq ft
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See all

Provided by Redfin

Sale history for 2702 W George Ave

Date

Event

Price

MRED as Distributed by MLS Grid #12105447

Sep 30, 2024

Sold (MLS) (Closed)

$1,124,000

Jul 30, 2024

Contingent (Contingent - No Showings)

—

Jul 9, 2024

Listed (Active)

$1,195,000

LISTANZA #2

Jan 29, 2024

Rental Removed

$1,850

Jan 21, 2024

Listed for Rent

$1,850

Dec 18, 2023

Rental Removed

$1,850

Dec 16, 2023

Listed for Rent

$1,850

LISTANZA #1

Dec 18, 2023

Rental Removed

$1,850

Dec 16, 2023

Listed for Rent

$1,850

Dec 5, 2023

Rental Removed

$2,495

Nov 19, 2023

Listed for Rent

$2,495

Public Records

Nov 16, 2007

Sold

$525,000

Public Records

Oct 21, 2004

Sold

$300,500

Year

Property tax

Land + Additions

Assessment*

2023

$15,034 (+2.6%)

$18,600 + $60,400

$79,000

2022

$14,653 (+2.3%)

$15,000 + $56,000

$71,000

2021

$14,324 (+12.8%)

$15,000 + $56,000

$71,000

2020

$12,699 (−2.4%)

$8,550 + $48,251

$56,801

2019

$13,015 (+2.1%)

$8,550 + $55,997

$64,547

2018

$12,750 (+44.0%)

$8,550 + $55,997

$64,547

2017

$8,855 (+7.5%)

$7,500 + $33,636

$41,136

2016

$8,239 (+9.3%)

$7,500 + $33,636

$41,136

2015

$7,537 (+35.4%)

$7,500 + $33,636

$41,136

2014

$5,566 (+2.0%)

$6,000 + $24,000

$30,000

2013

$5,456 (+1.3%)

$6,000 + $24,000

$30,000

2012

$5,383 (−25.2%)

$6,000 + $24,000

$30,000

2011

$7,198 (−7.4%)

$8,100 + $36,322

$44,422

2010

$7,772 (+4.4%)

$8,100 + $39,665

$47,765

2009

$7,448 (+64.7%)

$8,100 + $39,665

$47,765

2008

$4,522 (+1.0%)

$8,640 + $22,884

$31,524

2007

$4,477

$8,640 + $22,884

$31,524

Tax history for 2702 W George Ave

Year

Property tax

Land + Additions

Assessment*

2023

$15,034 (+2.6%)

$18,600 + $60,400

$79,000

2022

$14,653 (+2.3%)

$15,000 + $56,000

$71,000

2021

$14,324 (+12.8%)

$15,000 + $56,000

$71,000

2020

$12,699 (−2.4%)

$8,550 + $48,251

$56,801

2019

$13,015 (+2.1%)

$8,550 + $55,997

$64,547

2018

$12,750 (+44.0%)

$8,550 + $55,997

$64,547

2017

$8,855 (+7.5%)

$7,500 + $33,636

$41,136

2016

$8,239 (+9.3%)

$7,500 + $33,636

$41,136

2015

$7,537 (+35.4%)

$7,500 + $33,636

$41,136

2014

$5,566 (+2.0%)

$6,000 + $24,000

$30,000

2013

$5,456 (+1.3%)

$6,000 + $24,000

$30,000

2012

$5,383 (−25.2%)

$6,000 + $24,000

$30,000

2011

$7,198 (−7.4%)

$8,100 + $36,322

$44,422

2010

$7,772 (+4.4%)

$8,100 + $39,665

$47,765

2009

$7,448 (+64.7%)

$8,100 + $39,665

$47,765

2008

$4,522 (+1.0%)

$8,640 + $22,884

$31,524

2007

$4,477

$8,640 + $22,884

$31,524

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,000

Year renovated

—

Sq. Ft.

4,968

Year built

1902

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

13252160470000

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Oct 25, 2024.

RS-3

Residential Single-Unit (Detached House) District

The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space

Property details

Parking

Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage On-Site: Yes
Garage Type: Detached

Interior

Bathroom Information
# of Baths (Full): 6

Bedroom Information
# of Bedrooms: 10
# of Bedrooms Possible: 10

Additional Rooms Information
Basement Description: Slab

Interior Features
# of Rooms: 19

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Unit Type 1 Information
Floor Number: 3
Sq. Ft.: 1,300
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner
Security Deposit: 0
Rent: $2,495
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Saturday, February 1, 2025

Unit Type 2 Information
Floor Number: 2
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner
Rent: $2,175
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Sunday, June 1, 2025

Unit Type 3 Information
Floor Number: 2
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Window Air Conditioner
Rent: $1,910
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Saturday, February 1, 2025

Unit Type 4 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Microwave,Window Air Conditioner
Rent: $1,850
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Friday, August 1, 2025

Exterior

Building Information
# Of Units in Building: 4
Exterior Building Type: Vinyl Siding,Frame
Age: 81-90 Years
Built Before 1978 (Y/N): Yes

Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2024
Parcel Number: 13252160470000

Lot Information
Dimensions: 24X125
Lot Size: Less Than .25 Acre

Financial

Tax Information
Tax Annual Amount: $15,033.82
Tax Year: 2022

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas

Location

School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299

Location Information
Township: West Chicago
Corporate Limits: Chicago
Directions: California to George west to property.

Public facts

Beds: 10
Baths: 6.0
Sq. Ft.: 4,968
Stories: 2.0
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 3,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1902
Year Renovated: —
County: Cook County
APN: 13252160470000
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Oct 25, 2024

Other

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

Brentano Elementary Math & Science Academy

Public PreK-8 • Assigned • 0.2mi

8/10

Schurz High School

Public 9-12 • Assigned • 2.2mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60618

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 2702 W George Ave

Data from public records.

Address	Redfin Estimate
2657 West George St Apartment 1, Chicago, IL 6 Beds \| 3 Baths \| 3640 Sq. Ft.	$734,269
2901 North Fairfield Ave Apartment 2S, Chicago, IL 2 Beds \| 2 Baths \| 1283 Sq. Ft.	$503,708

Address	Redfin Estimate
2903 North Washtenaw Ave Apartment 1, Chicago, IL 5 Beds \| 2 Baths \| 1796 Sq. Ft.	—
2901 North Fairfield Ave Apartment 2N, Chicago, IL 2 Beds \| 2 Baths \| 1200 Sq. Ft.	$451,274

Address	Redfin Estimate
2901 North Fairfield Ave Apartment 3S, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$532,275
2901 North Fairfield Ave Apartment 3N, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$423,100

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in Avondale, IL

Sale history for 2702 W George Ave

Tax history for 2702 W George Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60618

Home values near 2702 W George Ave

More real estate resources