940 N Hamlin AVE, Chicago, IL 60651
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940 N Hamlin AVE, Chicago, IL 60651
940 N Hamlin AVE, Chicago, IL 60651
940 N Hamlin AVE, Chicago, IL 60651
940 N Hamlin AVE, Chicago, IL 60651
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$ 195,000
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940 N Hamlin AVE Chicago, IL 60651

6 Beds

3 Baths

3,049 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12606813

Bedrooms 6

Year Built 1908

Annual Tax Amount $5,642

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25 x 125

Property Sub-Type Two to Four Units

Property Description

Capitalize on the rapid appreciation of this high-growth "Path of Progress" neighborhood with a versatile brick 2-flat featuring a finished basement. Perfectly suited for a high-end "fix and flip" or a duplex-down conversion to maximize rental yield, this property offers two spacious 2-bed/1-bath units and a finished basement with two additional rooms and a full bath. Zoned RS-3, the building is equipped with individual HVAC systems for each floor, including separate furnaces and water heaters. The backyard provides a prime opportunity to build a new garage, further increasing the asset's resale value. Positioned near the 606 Trail and major retail developments, offering an ideal canvas for an investor looking to secure a foothold in one of Chicago's most trending markets.

Location

State IL

County Cook

Area Chi - Humboldt Park

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Oscar Darden of  DEI Realty LLC 
Chris Varsek

Chris Varsek

Agent

+1(847) 445-2283

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940 N Hamlin AVE