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Image 1 - 2542 S Albany Ave, Chicago, Illinois, 60623 - House for sale
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Home For Sale In Chicago, Illinois
2542 S Albany Ave, Chicago, Illinois, 60623

Home For Sale In Chicago, Illinois

house for sale
13 views
Listed: 02/11/24

2542 S Albany Ave, Chicago, Illinois, 60623

6 Bed:
4 Bath:
Save
Price
$ 749,000

About This House

True FULL Gut Rehab down to the studs, on a lovely tree lined street in booming East Little Village. All units with modern, high end finishes; stainless steel appliances, quartz counters, in unit laundry, and hardwood floors throughout. The basement is also prepped to add 2 first floor units. Seller will build these 2 units out for an additional fee of$75, 000/unit after closing in a massive value add opportunity. As a legal 6-unit with market rents (all current rents are massively under market) the proforma monthly income should be$7, 500.

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Bohemian California Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.