3415 North Seminary AvenueChicago, IL 60657Price: $1,150,000

  • Price: $1,150,000
  • 63 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.13Acreage
  • 4,840Square Feet
  • 1889Year Built

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3415 N. Seminary Ave is a 5-unit property, comprised of a 3-unit front building and a 2-unit coach house. It is situated a block away from Clark St. and about 2 blocks from historic Wrigley Field in the heart of Wrigleyville. The front building consists of a 4Bed/2Bath duplex down and two 2Bed/1Bath simplex units. The rear coach house contains a 1Bed/1Bath unit and a 2Bed/1Bath unit. Each apartment has hardwood floors, individual furnaces, white or stainless steel appliances, and vintage details. Some of the units have seen upgrades in the recent years, such as stainless steel appliances, updated cabinetry, and granite countertops. Building systems include tenant-paid gas-forced heat, central a/c, individual hot water tanks, and coin-operated laundry in the basement. The property provides a new owner a plethora of investment opportunities. There is potential to renovate the buildings and bring rents up to market rates. A new owner may consider taking advantage of the recent ADU ordinance and could re-configure the building into 6 units with a large renovation. There is also great potential for AirBnB, given the proximity to Wrigley Field, the large porches, and the rare side yard. Please note - this property sits next to train tracks and has been priced accordingly. However, not having a building to the south provides incredible light for the apartments, and the installation of new windows could dampen or completely nullify any train noise heard from inside the units.

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Listed by Henry Torn of ListWithFreedom.com

Based on information submitted to MRED  as of October 19, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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