2928 North Mango, Chicago IL 60634
$625,000

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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.

Features & Information

Key Details

  • List Price $625,000
  • Property Taxes $6,129.09
  • Price/ Sq. Ft. Unavailable
  • Year Built 1929
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 17
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

  • Number of Units 2
  • Age of Building 91-100 Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Radiators
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Belmont To Mango South To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 6129.09
  • Tax Year 2023
  • Tax Exemptions Homeowner,Senior
  • Parcel Identification Number 13292200260000

Utilities

  • Sewer Sewer-Publ

Listed by Carlos Alers for Space Finder Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/19/2024 12:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Belmont Central

The ethnically diverse and well-kept Belmont Central is a sizeable yet understated neighborhood, speckled with affordable housing and an international array of restaurants to suit every taste and craving. With a passionate Chamber of Commerce always on the job to enhance Belmont Central homes and businesses, this northwest Chicago neighborhood is making a name for itself. Historic houses have been passed down from generation to generation while new model condos are emerging along the residential blocks in recent years. Convenient corner stores and groceries stock the daily essentials, but Belmont Central's shopping district is the place to go for fashion, furniture, footwear and giftables. The mix of family-run establishments and national chains is right on par with the strong community values that have shaped Belmont Central into a close-knit Chicago neighborhood.

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