2928 N MANGO Avenue Chicago, IL 60634

Multi-Family (2-4 Units) MLS #: 12208136 Courtesy Of SPACE FINDER INC

$625,000

6 beds
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Est. Property Tax: $6,129
Estimated monthly payments: $3,243/mo.* (recalculate)

Property InformationDescription

**Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago** Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: - **Large, Well-Maintained Traditional Chicago Yellow Brick Building:** Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. - **Spacious Units with Elegant Features:** Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. - **Modern Kitchens and Bathrooms:** Both units offer large eat-in kitchens with plenty of cabin ets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. - **Comfortable Living Spaces:** The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. - **Income-Generating Garage and Impressive Financials:** The two-car garage is currently leased for extra rental income, and with an Operating Income (NOI) of 58,000 per year, this property promises strong returns on investment. - **Fully Finished Basement:** Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. - **Recent Upgrades:** The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. - **Prime Location:** Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: New Traditional
  • Exterior Type: Brick
  • Heating System: Radiator

MAP & DIRECTIONS

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2928 N MANGO Avenue, Chicago, IL 60634
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School Information

2928 N MANGO Avenue, Chicago, IL 60634

Elementary School
Grades KG-8 | Public School
CAMRAS ELEMENTARY SCHOOL
Chicago, IL 60634
3000 N Mango Ave
773.­534.2960
Distance: 0.1 mi
School Rating
C
Total Students
865
Middle School
Grades KG-8 | Public School
CAMRAS ELEMENTARY SCHOOL
Chicago, IL 60634
3000 N Mango Ave
773.­534.2960
Distance: 0.1 mi
School Rating
C
Total Students
865
High School
Grades 9-12 | Public School
STEINMETZ COLLEGE PREP HIGH SCHOOL
Chicago, IL 60634
3030 N Mobile Ave
773.­534.3030
Distance: 0.7 mi
School Rating
D-
Total Students
1420
Other Nearby Schools Distance Type Grades School Rating
Lyon Elementary School 0.3 mi Public KG-8 C+
St Ferdinand Parish School 0.3 mi Private PK-8
Schubert Elementary School 0.6 mi Public PK-5 D
Horizon Science Academy-belmont Charter School 0.6 mi Public KG-8 A-
Reinberg Elementary School 0.6 mi Public PK-8 C+
Belmont-cragin Elementary School 0.6 mi Public PK-8 C-
Chicago Academy High School 0.7 mi Public 9-12 B+
Chicago Academy Elementary School 0.7 mi Public PK-8 C
Grace Lutheran School 0.8 mi Private PK-8
Prieto Math-science Elementary School 0.8 mi Public PK-8 C
Hanson Park Elementary School 0.8 mi Public PK-8 B-
Cics - West Belden Campus 0.9 mi Public KG-8 C-
Icci Academy 0.9 mi Private PK-8
Foreman High School 0.9 mi Public 9-12 D-
Christopher House Charter Elementary School 1.0 mi Public PK-8 C-
New Life Christian School 1.0 mi Private KG-8
Falconer Elementary School 1.1 mi Public PK-6 B
Northwest Middle School 1.1 mi Public 6-8 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Chicago, IL 60634

Median Age: 41
Married: 49%
Number of Households: 25,077
Households with Children: 30.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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