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Image 1 - 2820 N Kolmar Ave, Chicago, Illinois, 60641 - House for sale
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Home For Sale In Chicago, Illinois
2820 N Kolmar Ave, Chicago, Illinois, 60641

Home For Sale In Chicago, Illinois

house for sale
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Listed: 06/07/24

2820 N Kolmar Ave, Chicago, Illinois, 60641

8 Bed:
3 Bath:
3,460 Sq Ft Living Area:
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Price
$ 650,000

About This House

Attention investors! Seize the opportunity to own a piece of Belmont Gardens on the North side of Chicago! This multifaceted 3-unit building presents an exceptional investment opportunity with a unique blend of charm, convenience, and potential income generation. You can find this property located directly across from the esteemed Barry Elementary School, situated on a double lot with a shed and a detached garage. The unit mix is comprised of two spacious 3-bedroom, 1-bathroom units and a garden apartment with 2 bedrooms and 1 bath. The first and second floor units are currently occupied by tenants, but the garden apartment is a blank canvas that allows flexibility for new owners to live in that unit or attract new tenants enhancing this properties income potential.

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Chicago Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Chicago, United States averaged $310,978, an increase of 7.5% from the previous month.
Median price trends for properties for sale in Chicago, United States as of May 2024.

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.