3707 S Michigan Avenue
Chicago, IL 60653
- 6 beds
- 3 baths
- – sqft
- 2,208 sqft lot
- 1948 build
- – on site
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DON'T MISS AN OPPORTUNITY TO PURCHASE A LEGAL 2-UNIT BUILDING WITH AN ADDITIONAL GARDEN UNIT IN A RED HOT AREA. EACH UPDATED UNIT IN THIS BUILDING IS RENTAL READY AND FEATURES 3 BEDROOMS AND 1 FULL BATH. LOTS OF RECENT EXTERIOR / INTERIOR IMPROVEMENTS. THE GARDEN UNIT CAN BE USED TO RENT OUT FOR ADDITIONAL INCOME OR USED FOR IN-LAW LIVING AS WELL. SEPARATE UTILITIES INCLUDING 2 CENTRAL AC UNITS EACH FOR 1ST AND 2ND FLOOR UNITS. INVESTMENT RETURN ON ILLINOIS INSTITUTE OF TECHNOLOGY STUDENT APARTMENTS IS EXTREMELY HIGH! IT'S ALSO A LUCRATIVE BUSINESS OPPORTUNITY FOR AIRBNB. PROPERTY IS CLOSE TO THE RED LINE AND GREEN LINE, GUARANTEED RATE FIELD - CHICAGO WHITE SOX, SOLDIER FIELD - CHICAGO BEARS, MCCORMICK PLACE, SHEDD AQUARIUM, ADLER PLANETARIUM, CHINATOWN, AND ALL MAJOR BEACHES. LOW REAL ESTATE TAXES & NO HOA FEES.
Listing courtesy of MRED / HomeSmart Realty Group as distributed by MLS GRID
Last checked:
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Last updated Dec 19, 2024
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MLS# 12049861 —
The Building
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Year Built:1948
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Rebuilt:No
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New Construction:false
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Roof:Flat
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Basement:Full
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Exterior Features:Porch
Interior
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Rooms Total:12
Location
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Directions:CORNER OF MICHIGAN AVENUE AND EAST 37TH STREET.
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Location:87984
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Location:12293
The Property
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Parcel Number:17343150070000
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Property Type:Residential Income
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Lot Size Dimensions:46X48
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 988-9308
- Office phone:
- (708) 320-0002
Taxes
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Tax Year:2022
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Tax Annual Amount:3949.87
Beds
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Bedrooms Total:6
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Bedrooms Possible:6
Baths
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Baths:3
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Full Baths:3
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer, Sewer-Storm
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/21/24
Aug 21, 2024
|
Sold | MRED | $339,000 | -3.1% |
6/8/24
Jun 8, 2024
|
Sold Subject To Contingencies | MRED | $349,900 | |
5/7/24
May 7, 2024
|
Listed / Active | MRED | $349,900 |