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3301 N Ozanam Avenue, Chicago, IL 60634

Chicago
Local realty services provided by:CENTURY 21 New Beginnings
3301 N Ozanam Avenue,Chicago, IL 60634
$450,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: david mahoney, bronson engel
Office: jameson sotheby's intl realty
MLS#:12645662
Source:MLSNI

Price summary

  • Price:$450,000

About this home

CENTURY 21 Fine Homes & Estates
Excellent investment opportunity in a desirable Northwest Chicago neighborhood. This fully leased, well-maintained building generates $3,500 per month in gross rental income ($42,000 annually), with an estimated net operating income of $26,613.52 and a current cap rate of approximately 5.91%. With only a modest 10% increase in rents, the cap rate would exceed 6.5%, presenting strong upside potential. Additional income is generated from the basement coin laundry (one washer and one dryer), producing approximately $400-$500 annually. Recent improvements include a new roof (2019), new front porch (2019), garden unit remodeled (2018), and Unit 1 remodeled (2020). The property features hardwood floors in the first and second floor units, separate furnaces, and separate electric meters. Units #1 and #2 have tenants paying all utilities, while utilities are included in the rent for the garden unit. The building is fully rented with well-screened, reliable tenants, and units are clean and...

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Home facts

  • Year built:1921
  • Listing ID #:12645662
  • Updated:July 26, 2026 at 08:32 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:11
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1921
  • Lot area:0.12 Acres

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Tax amount:$9,044 (2024)
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Vivian Galarza

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