$275,000
●
House -
Off Market
2927 N Gresham Avenue #3
Chicago, IL 60618
2 Beds
1 Bath
1,100 Ft²
$1,913
Est. Monthly
$215
HOA / Fees
7.12%
Cap Rate
About This Property
MULTIPLE OFFERS RECEIVED: SUNDAY IS CANCELLED. This
bright and spacious 2 bed Avondale condo is close to it all! Tons
of natural light throughout the entire home with ample windows and
skylights. The living room features hardwood flooring which leads
you into the spacious kitchen with endless amounts of counter
space, an eat in area. Most appliances including HVAC and W/D are
new within 6 years. Fantastic storage throughout every corner of
this unit. Conveniently located within walking distance of numerous
restaurants, coffee shops, breweries, shopping, the blue line, the
highway. and so much more!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$348
HOA Dues
$215
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Concrete, Assigned, On Site, Off Alley, Owned
Interior Details
Full Bathrooms: 1
Flooring Type: Hardwood
Laundry Features: Washer Hookup, In Unit
Rooms: 5
Basement: None
Exterior Details
Square Footage: 1100
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Deck
Lot Size Dimensions: CONDO
Water Source: Public, Lake Michigan
Financial Details
Tax Annual Amount: $4,170
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Electricity, Maintenance Grounds, Snow Removal, Exterior Maintenance, Scavenger
HOA Fee: $215
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/02/2025
|
2 Bed
|
1 Bath
|
1100 ft²
|
$275,000
2 Bed
1 Bath
1100 ft²
|
$275,000
10/19/2025
|
Nicole Sauer
@properties Christie's International Real Estate
|
Building Info
2927 North Gresham Avenue
2927 North Gresham Avenue, Chicago, IL 60618
- 1 Unit for Sale
About Northwest Side
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Listed by: Nicole Sauer, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12478789
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. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD12478789
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