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3044 N Kolmar Avenue Chicago, IL 60641 Multi Unit - Multiple Active

  • 3044 N Kolmar Avenue, Chicago, IL 60641 Main Photo

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Description

Desirable All-Brick 3-Unit Building on Oversized Lot in prime boulevard location. Don't miss this rare opportunity to own a solid, all-brick 3-unit building situated on a humongous lot along a picturesque, tree-lined boulevard. This well-maintained property offers exceptional value with separate utilities and individual laundry connections for each unit-perfect for owner-occupants or savvy investors. The first-floor unit has been recently remodeled and showcases updated finishes, including oak kitchen cabinets, a ceramic tile bath, newer hardwood floors, windows, doors, and generous closet space throughout. The second and third-floor units each feature 3 bedrooms, 1.5 baths, wood-burning fireplace and offers spacious layouts ideal for tenants or extended family. One bedroom in the owner's unit is currently used as a family room, adding warmth and flexibility to the space. Both upper-level apartments enjoy access to newer, private decks-perfect for outdoor relaxing or entertaining. The serene, expansive backyard provides a peaceful retreat that seems to go on forever, making it an ideal setting for summer enjoyment and gatherings. Current rents are below market due to long-term, month-to-month tenants, offering significant upside potential. Conveniently located within walking distance to schools, public transportation, and everyday conveniences, this is a must-see property with endless possibilities.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 5
County: Cook
Listed By:
Century 21 Circle 773-282-8100
MRED MLS
$895,000
Est. $5,685/mo
8beds
5baths
2cars
Active
BEDS8 BATHS5 full MLS#12586036
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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3044 N Kolmar Avenue, Chicago, IL 60641.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $895,000$895,000$895,000
Down Payment $179,000$31,325$223,750
Monthly Mortgage Amount $4,178$5,198$5,440
Taxes $1246$1246$1246
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$537$0
Monthly Estimated Total $5,685$7,242$6,947

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