Movoto Real Estate
Christine Jankelow of Compass
  • Exterior
  • Living
  • Dining
  • Kitchen
  • Bedroom
  • Bath
  • Other
  • Entry Way

2955 N Gresham Ave, Chicago, IL 60618

  • $700,000

  • 6

    bed

  • 3

    bath

Multi-family active under contract
49 homes bought nearby with Movoto recently

About 2955 N Gresham Ave

Property type Multi-family
Neighborhood
Year built 1887
HOA fee $0/month
Parking 2 garage spaces
Property description
Logan Square / Avondale turnkey two-flat in a prime location. This well-maintained property features updated granite kitchens with stainless steel appliances, custom tile work, hardwood floors, 2017 renovations included plumbing, electrical, HVAC, and windows. The first-floor unit is a spacious 2 bed / 1 bath, recently renewed at $2,000/month with a lease secured through 5/31/2027, providing immediate stable income. The second-floor unit is an expansive 4 bed / 2 bath duplex-up with a large, versatile flex space, currently rented at $2,500/month with lease expiring 6/15/2026, offering future upside potential. Tenants pay their own electric, gas, and heat, minimizing owner expenses. The property also includes a generous backyard and a large garage. Ideal for investors or owner-occupants alike, this property is just a short walk to public transportation, including the Blue Line, and steps from the vibrant Milwaukee Avenue corridor with its restaurants, shops, and nightlife.
Listed by
Listing Agent - Christine Jankelow
Listing Office - Compass
Source: MRED mls logo
MLS#12627555 • last updated 1 month ago
Movoto checked MRED for data 22 minutes ago
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Overview
Heating Natural Gas
MLS # 12627555
Virtual Tour N/A
SubType 2 Flat
Status Contingent
Type Two To Four Units
Property Tax $ 12301.33
Year Built 1887
Interior
Basement Crawl Space
Total # of Rooms 10
Exterior
Construction Frame
# Garage Spaces 2
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area CHI - Avondale
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 13262150340000
Zoning MULTI
Multifamily Details
Expense: Other 10147
Net Operating Income 34253
Gross Income 44400
Total Rental Income 3700
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Source: GreatSchools.org © 2026. All rights reserved.

Around Avondale

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80/100
Walk
78/100
Family
99/100
Dining
100/100
Pet
  • Real Estate
  • IL
  • Cook County
  • Chicago
  • 60618
  • Avondale
  • 2955 N Gresham Ave

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