Chicago, IL 60634,3552 N Oleander AVE #204
Chicago, IL 60634,3552 N Oleander AVE #204
Chicago, IL 60634,3552 N Oleander AVE #204
$142,500
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2 Beds
1 Bath
1,000 SqFt
SOLD DATE : 12/10/2021

Key Details

Sold Price $142,500

Property Type Condo

Sub Type Condo,Low Rise (1-3 Stories)

Listing Status Sold

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $142

Subdivision Belmont Heights

MLS Listing ID 11256061

Sold Date 12/10/21

Bedrooms 2

Full Baths 1

HOA Fees $266/mo

Rental Info Yes

Year Built 1960

Annual Tax Amount $89

Tax Year 2020

Lot Dimensions COMMON

Property Description

Welcome home to a rarely available, top-floor unit in an excellent area! Walk into a very spacious living room area highlighted by large, south facing windows for that crisp, natural sunlight as well as a private balcony: all while overlooking a pretty courtyard! Relax on your balcony. Or barbeque on it. Furthermore, the living room area opens up to a large, galley kitchen with a comfortably sized eat-in area characterized by north facing windows for additional light exposure. This unit also features two very spacious bedrooms with ample closet space. There is a full bathroom nestled between both bedrooms, which adds to this intelligently designed floor plan. There is also a spotless laundry room facility on the first floor and there is hardly ever a waiting line to use the washer or dryer; all machines are coin-operated at just $0.75 per load. This unit also comes with one exterior unassigned parking space and there is ample parking on Oleander and/or Addison at no additional cost. Own for less than rent! You can also rent this unit without restriction. FINANCING: Put down a 5% (or $7,750) at a $155,000 purchase price for a payment of approximately $1,203 per month at a 3% interest rate given a 740+ FICO score; this mortgage payment of $1,203 per month is based on a realistic and worst-case scenario property tax bill of $2,875 per year with a homeowners exemption along with a $266 monthly HOA payment, a $35 per month insurance bill and a $42 per month mortgage insurance premium. Or, put down 20% (or $31,000) for an approximate $1,063 mortgage payment. Please consult your loan officer for confirmation. RENTALS: A 2-bedroom, 1-bathroom unit at 7817 Belmont (Unit 2) rented for $1,395 per month. Please ask your agent to pull MLS# 10688173. Additionally, a 2-bedroom, 1-bathroom unit at 7701 Belmont (Unit 1) rented for $1,395 per month. Please ask your agent to pull MLS# 10954931. In short, you can easily expect to rent this unit for $1,400 per month after its rehab and earn nearly $175 per month in free cash flow, which comes out to $2,100 per year in positive cash flow. Easy to show. Close to plentiful shopping and restaurants, Kennedy Expressway, O'Hare Airport and much more. Easy to show!

Location

State IL

County Cook

Area Chi - Dunning

Rooms

Basement None

Interior

Interior Features Storage

Heating Natural Gas, Steam, Baseboard

Cooling Window/Wall Units - 2

Equipment Intercom

Fireplace N

Appliance Range, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Balcony, Storms/Screens

Amenities Available Coin Laundry, Storage

Waterfront false

Roof Type Rubber

Building

Lot Description Corner Lot

Story 3

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include Heat,Gas,Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal

Ownership Condo

Special Listing Condition None

Pets Description Cats OK, Dogs OK, Number Limit

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Peter Drossos • Peter Drossos Real Estate
Bought with Michael Zapart • Compass

Get More Information

John Greene Realtor

+1(630) 820-6500

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.