3301 N Ozanam Avenue Chicago, IL 60634
- Added:
- Mar 4, 2026
- Days on Market:
- 49
- Last Refresh:
- Apr 22 at 1:06 am
Property Features for 3301 N Ozanam Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4
- Patio and Porch features
- Patio
- Fencing
- Fenced
- Basement
- Full, Finished, Walk-Out Access
- Standard status
- Active
- APN
- 12243200170000
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9044
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1921
- Building materials
- Aluminum Siding, Frame
- Roof type
- Asphalt
Listing agent David Mahoney (312) 335-3291
Listing office Jameson Sotheby's Intl Realty 425 W. North Ave. suite 1, Chicago, IL (312) 751-0300
Listing date Mar 4, 2026
MLS# 12577423
Listing URL
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Leased Multifamily Building in Chicago
This fully leased building in a Northwest Chicago neighborhood presents an investment opportunity. The property generates $3,500 per month in gross rental income, totaling $42,000 annually. The estimated net operating income is $26,613.52, with a current cap rate of approximately 5.32%. A modest 10% increase in rents could increase the cap rate above 6%. Additional income is generated from the basement coin laundry, which includes one washer and one dryer, producing approximately $400-$500 annually. Recent improvements include a new roof and front porch, both installed in 2019. The garden unit was remodeled in 2018, and Unit 1 was remodeled in 2020. The first and second floor units feature hardwood floors. The property has separate furnaces and electric meters. Tenants in Units #1 and #2 pay all utilities, while utilities are included in the rent for the garden unit. The building is fully rented with tenants, and the units are clean and well maintained. Additional features include easy street parking, outdoor storage sheds, and a large fenced yard with a concrete patio. The lot size is 0.12 acres. The property also includes coin laundry in the basement for supplemental income. Seller makes no representation regarding the legality of the third (garden) unit.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.821126
- Latitude
- 41.939677
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully leased building with income potential in Northwest Chicago.
Where is this apartment building located?
The property is located at 3301 N Ozanam Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Fully leased building generating $3,500/month ($42,000 annually) gross rental income with $26,613.52 net operating income.; Current cap rate of approximately 5.32% with potential to exceed 6% with a modest 10% rent increase.; Recent improvements including a new roof (2019), new front porch (2019), garden unit remodeled (2018), and Unit 1 remodeled (2020).
