2530 North Neva Avenue

Chicago, IL 60707

$920,000
Price
9
Beds
5
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic investment opportunity in the sought-after Montclare neighborhood of Chicago, just steps from the Diversey and Harlem Terminal and across from Elmwood Park. This well-maintained multi-family property sits on a spacious double lot with gated access, featuring four units across two buildings, and a finished basement. The front building offers a duplex-up with 2 bedrooms, 2 bathrooms, and 2 living rooms, as well as another 2-bedroom, 2-bath unit with a separate dining room. The coach house...Fantastic investment opportunity in the sought-after Montclare neighborhood of Chicago, just steps from the Diversey and Harlem Terminal and across from Elmwood Park. This well-maintained multi-family property sits on a spacious double lot with gated access, featuring four units across two buildings, and a finished basement. The front building offers a duplex-up with 2 bedrooms, 2 bathrooms, and 2 living rooms, as well as another 2-bedroom, 2-bath unit with a separate dining room. The coach house includes a duplex-up with 2 bedrooms and 1 bathroom, ideal for owner-occupancy, along with a 1-bedroom, 1-bath unit. Both buildings have basements offering potential for additional income. Recent updates, including newer siding, roof, and windows, provide low maintenance, while tenants benefit from a shared coin-operated laundry. With its prime location near public transit, shopping, and dining, this property offers excellent income potential and long-term value in a desirable area.
  1. Listed by Myroslava Dysko • Core Realty & Investments Inc.

Property Details for 2530 North Neva Avenue

Area
CHI - Montclare
Township
Lake
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 10/17/2024 04:14 AM

Property Details for 2530 North Neva Avenue

StatusActive
MLS #12182058
Days on Market15
Taxes$8,173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built-
Lot Size0.14 AC / 6,250 SF
CountyCook County

Building Information for 2530 North Neva Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.14 AC / 6,250 SF

Property Information for 2530 North Neva Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Side Apron
  • Parking On Site: true
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 19
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 9
  • Basement Description: Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 1
  • Num of Baths: 5.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50 X 125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 2530
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 7100
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 12
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Insurance Expense: $2,745.00
  • Manager Expense: $3,182.00
  • Water Sewer Expense: $3,000.00
Unit 1
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: N/A
Unit 2
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: N/A
Unit 3
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: N/A
Unit 4
  • Unit Type Actual Rent: $980.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: N/A

Property History for 2530 North Neva Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2530 North Neva Avenue

Taxable ValueLand$7,818Additions$21,708Total$29,526
Tax Record2022$5,865 ($489 / month)
Home Facts
Baths6.5Total Finished SqFt2,575 SqFtAbove Grade Finished SqFt2,575 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1887CountyCOOKAPN13-30-316-033Fireplace TypeHas Fireplace

Schools near 2530 North Neva Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Locke J Elementary School
PublicPK to 8

Steinmetz Academic Centre High School
Public9 to 12

Acero Chtr Roberto Clemente Cmps
CharterK to 8

CICS West Belden
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2530 North Neva Avenue is a multi-family home for sale in Chicago, IL 60707. This property was listed for sale on October 7, 2024 by Core Realty & Investments Inc., it's currently listed at $920,000. It has been on the market for a total of 15 days and was last sold on November 30, 2015. This listing's school district is Chicago Public Schools. Nearby schools include Locke J Elementary School, Steinmetz Academic Centre High School and Acero Chtr Roberto Clemente Cmps. 2530 North Neva Avenue is a 9-bed, 5.5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Core Realty & Investments Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/17/2024 04:14 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.