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3301 N Ozanam Avenue
Chicago IL 60634 US

$500,000

Active Listing ID 12577423
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5 bed
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3.00 Bath (3 Full)
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Lot: 0.12 Acres
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Other

$500,000

Active Listing ID 12577423
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3301 N Ozanam Avenue 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 5.32%. With only a modest 10% increase in rents, the cap rate would exceed 6%, 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 well maintained. Additional highlights include easy street parking, outdoor storage sheds, a large fenced yard with concrete patio, and coin laundry in the basement for supplemental income. Seller makes no representation regarding the legality of the third (garden) unit.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 500000
  • unparsedaddress: 3301 N Ozanam Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60634
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.939677
  • longitude: -87.821126
  • listagentfullname: David Mahoney
  • listagentemail: dmahoney@jamesonsir.com
  • listagentkey: 3yd-MREDIL-106213
  • listagentmlsid: 106213
  • listagentpreferredphone: (312) 335-3291
  • listagentofficephone: 3124374310
  • listofficekey: 3yd-MREDIL-10646
  • listofficemlsid: 10646
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1921
  • listingcontractdate: 2026-03-04
  • listagenturl: http://www.jameson.com
  • countyorparish: Cook
  • parcelnumber: 12243200170000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Aluminum Siding, Frame
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1
  • patioandporchfeatures: Patio
  • basement: Walk-Out Access, Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.82113, 41.93968
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Jameson Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dmahoney@jamesonsir.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"gjohnson@jameson.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/c5ababf02400f23401240234ace2008f/20091002115130926.pjpeg", "ListBrokerageName":"Jameson Real Estate LLC", "ListBrokeragePhone":"(312) 335-3291", "ListBrokeragePostalCode":"60610", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"425 W. North Avenue", "ListBrokerageWebsiteUrl":"http://www.jameson.com", "ListOfficeAddress1":"425 W. North Ave. suite 1 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10646", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"gjohnson@jameson.com", "ListOfficePostalCode":"60610", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-23 05:06:23", "Neighborhoods":[{"Description":null, "Name":"CHI - Dunning"}], "PostalCode":null, "RoomCount":11, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9044, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/23/2026 5:16:54 AM GMT
Source Updated Date: 3/27/2026 7:03:21 PM GMT

Courtesy of: David Mahoney, Jameson Sotheby's Intl Realty, dmahoney@jamesonsir.com

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.