Mitir Patel, Listing Office: Dream Town Real Estate
$9,441
closing credit¹
2854 W Farragut Ave Chicago, IL 60625
Property details
About 2854 W Farragut Ave
This well maintained, oversized brick two flat with finished garden apartment has been owned by the same long-term owners for over 50 years. This amazing property feels like 2 single family homes with a 3rd non-conforming 2BR, 1BTH garden apartment in the lower level. This building sits on an extra wide lot providing a wide floor plan and an abundant amount of natural sun light. Each unit is just shy of 1,700 sf. with 3 bedrooms and 1.5 baths. 1st and 2nd floor apartments have their own new gas forced air heating systems and there is a large paved patio area and 2.5 car garage in the back. The basement also has coin laundry and extra storage as well. Additional improvements include: 200 AMP electric service, redone catch basin, newer roof, downspouts, gutters and lentils. Second floor has been recently remodeled as well. Garage currently rents for 250 per month Garden apartment could potentially generate additional rental income of approximately 1350 per month. This is a well taken care of turnkey investment property perfect for the owner-occupied owner or investor alike. All this in a great Budlong Woods location close to the river and Lincoln Square as well.
Highlights
Summary
- MLS Number: 12206128
- MLS Name: MRED
- Office Name: Baird & Warner
- Office Phone: (773) 697-5555
- Listing Agent: Michael Hall
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$795,000
2854 W Farragut Ave
$9,441
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
5
Hibbard Elementary School
Public District PK-6
0.6 mi
•3244 W Ainslie St
4
Henry Elementary School
Public District PK-6
1.5 mi
•4250 N Saint Louis Ave
3
Haugan Elementary School
Public District PK-6
1.5 mi
•4540 N Hamlin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,783. Typical income of Chicago, IL residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 2854 W Farragut Ave
This home is located at 2854 W Farragut Ave in Chicago, IL and zip code 60625 in the Far North Side neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $795,000.
Over 447 listings were sold over their listed price in December 2024 in Chicago, IL. In the same period over 930 listings were sold below the listed price and 276 listings were sold for the listed price. Between November and December 2024, Chicago, IL real estate market has seen decrease in the number of listings by 4.5%. While the average time on the market in December 2024 was 35 days, the median list price was $366,590.