2928 N MANGO AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60634
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12208136
Style Traditional
Bedrooms 6
Year Built 1929
Annual Tax Amount $6,129
Tax Year 2023
Lot Dimensions 25 X 125
Property Description
**Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago** Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: - **Large, Well-Maintained Traditional Chicago Yellow Brick Building:** Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. - **Spacious Units with Elegant Features:** Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. - **Modern Kitchens and Bathrooms:** Both units offer large eat-in kitchens with plenty of cabin ets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. - **Comfortable Living Spaces:** The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. - **Income-Generating Garage and Impressive Financials:** The two-car garage is currently leased for extra rental income, and with an Operating Income (NOI) of 58,000 per year, this property promises strong returns on investment. - **Fully Finished Basement:** Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. - **Recent Upgrades:** The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. - **Prime Location:** Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.
Location
State IL
County Cook
Area Chi - Belmont Cragin
Rooms
Basement Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Flat
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition None