RARE 2.75 ASSUMABLE MORTGAGE - House Hack or Invest in Prime Logan Square! Seize a once-in-a-generation opportunity to assume a 2.75 mortgage-far below today's rates! Whether you're looking to live nearly rent-free or build your investment portfolio, this updated legal 4-unit brick building on an oversized lot in Logan Square is a true find. Perfect for: Owner-occupants who want minimal housing costs by living in one unit and renting the others. Investors seeking high cash flow and long-term appreciation in a top-tier location. Property Features: Two 1 bed / 1 bath front units, Two 2 bed / 1 bath rear units, plus a non-conforming garden unit for extra income potential. All units updated: renovated kitchens, modern baths, hardwood floors, vinyl windows, and in-unit laundry. Major upgrades: 2020 main boiler, copper plumbing, 200-amp electric, newer water heater. Exterior: recent tuckpointing, new concrete patio, newer 3-car parking pad, solid roof. Location Highlights: Walk to Healy Metra (1 block), Logan Square Farmers Market, Kosciuszko Park, Aldi, Park & Field, and more! Owner occupancy required for mortgage assumption-but this property also stands on its own as a powerful investment opportunity with steady rental income and strong appreciation potential. Don't miss this rare shot at locking in a 2.75 rate! Current assumable loan balance is 631K.

Listing Courtesy of MRED as distributed by MLS Grid of Greystone Realty



Based on information submitted to the MLS GRID as of 2025-07-01 06:22 PM UTC. 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.
Last checked: 2025-07-01 06:22 PM UTC
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