Hansen Realty

🏢 From Setback to Opportunity: The Story of 2928 N Milwaukee Avenue 🏢

In 1998, 2928 N Milwaukee Avenue sold for $390,000, a prime investment at the time. Fast forward to 2024, and this mixed-use building is now in foreclosure, listed at $271,000. This property’s journey highlights the dynamic nature of real estate, where one person's misfortune can become another's opportunity.

While economic shifts and maintenance costs impacted its value, the building still offers significant potential. Located at Milwaukee & Central Park, it includes commercial space, residential units, and ample parking.

This story reminds us that in real estate, as in life, today's setback can be tomorrow's golden opportunity.



– Rick Hasen

🔑 Hansen Realty: Celebrating a Journey of Growth and Success!

Exciting news! 36 years ago, Hansen Realty sold 2614 N. Clybourn for $1,000,000. Through a Condominium Declaration in 1994, the property was transformed, with condos initially priced between $60,000 to $130,000.

Today, these condos are valued between $300,000 and $400,000! 🏙️🏠

Proud to witness and contribute to such remarkable growth in the real estate market! 🚀

www.HansenRealty.com

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Reflecting on an incredible journey: In 1979, I purchased a frame building with a vacant lot for just $24,000. Over the years, I transformed this space, constructing an office for Hansen Realty, three residential units, and adjacent parking.

Today, I'm thrilled to share that in 2024, I sold the building
for $1.4 million and the lot for $600,000. This journey has been a testament to
the power of vision, perseverance, and the dynamic nature of real estate.

https://hansenrealty.com/

Time is Ticking! Start a new career in the new year! https://conta.cc/35iWpoy

Kickstart Your Real Estate Career Kickstart Your Broker Career in the new year. www.chicagorealestateinstitute.com Why Choose Chicago Real Estate Institute: · Experienced Instructors · Comprehensive Curriculum · F

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Ronald Kenneth Hansen passed away peacefully at home on July 16, 2023. He was born on October 20, 1930. He is preceded in death by his loving wife, Shirley (married 67 years), and his sister, Marlene. He was the loving father of Rick (Mitchelle), Re'Lynn (Doreen), and John (Julie); devoted grandfather to Brian (MacKenzie), Stephen (Camy) and Hailee (Grant); great grandfather to Boden; and uncle, family, and friend to many in the United States and Norway.

He and his wife, Shirley, founded Hansen Realty and The Chicago Real Estate Institute for licensing agents. Ron simply believed in helping others. He served as an MP in Germany during the Korean War. He volunteered with Wrightwood Neighbors and Taste of Lincoln Avenue. He spearheaded many drives for funds, clothing, food, and shelter. He rarely missed a firepit gathering in his Chicago neighborhood of The Villa. A voracious learner, he was taking Norwegian lessons beyond the age of 90.

He spent summers in Lakeside, Michigan where he fed the pond catfish and harvested a bountiful garden (countless tomatoes and radishes) with the extensive help of family and friends. He was a great storyteller, often recounting his trip down the Mississippi by raft. He loved good conversation, good food, and the olives from his wife's martinis.

He proudly wore his Viking hat at Halloween and beyond. Illinois drivers knew him from his "Odin" license plate. He loved playing the horn, especially the two songs he knew well- Happy Birthday and When The Saints Go Marching In.

Donations in memory of Ron can be sent to The Jesse White Foundation,

https://www.thejessewhitefoundation.org/

A celebration of Ron's life will be held on Saturday, September 16, at 11:30, at Minnekirken, Norwegian Lutheran Memorial Church, 2614 N. Kedzie Blvd., Chicago, 60647. Luncheon to follow.

Here is the link to Ron's obituary on the Chicago Tribune website:
https://www.legacy.com/us/obituaries/chicagotribune/name/ronald-hansen-obituary?id=52706223

Ronald Hansen Obituary (1930 - 2023) - Chicago, IL - Chicago Tribune View Ronald Hansen's obituary, send flowers and sign the guestbook.

Investment Opportunity: In Chicago’s south side Opportunity Zone
Price: Price Symbol6,650,000
Property Description:
Experience the Best of Chicago's Southside! Introducing our premier Property Portfolio in the vibrant Auburn Gresham / Chatham area. Discover 70 units across 23 properties, strategically located in opportunity zones and occupied by Section 8 voucher holders. With most properties being well-maintained brick 3 flats, enjoy a close-knit community feel in a booming neighborhood. Benefit from attractive cash flow, updated units, and the potential to increase value with in-unit laundry. Seize this exceptional investment opportunity and be part of the Southside's transformation!

Investment Highlights
🌟 Prime Location: Nestled in the up and coming Southside of Chicago, our portfolio is strategically situated in the vibrant Auburn Gresham / Chatham area. This dynamic neighborhood is experiencing a resurgence, offering tremendous growth potential and attractive investment prospects.

🏘️ Diverse Property Types: Immerse yourself in the charm of brick 3 flats! Our portfolio boasts a tight cluster of these well-maintained properties, creating a sense of community over a few square blocks. These units have been thoughtfully updated and are in excellent condition, ensuring an attractive and comfortable living experience for tenants.

💼 Strategic Opportunity Zones: Most of our properties are located within opportunity zones, offering significant tax benefits and incentives for investors. Capitalize on these advantageous zones and enjoy potential long-term appreciation while making a positive impact on the community.

🔒 Secured Income: The majority of our properties are occupied by tenants with Section 8 vouchers, providing a stable and reliable income stream. Benefit from the consistent cash flow while contributing to affordable housing initiatives.

💰 Value-Add Potential: Enhance your investment further by capitalizing on the value-add opportunity within the portfolio. By introducing in-unit laundry facilities, you can attract higher-paying tenants and increase rental income, maximizing your returns.

Don't miss out on this incredible chance to invest in Chicago's thriving Southside! Contact us now to explore this Property Portfolio and start your journey towards financial success.
Key Features:
Property Type: Multifamily/ApartmentBullet Point -
8.2% Cap Rate

Joseph Braun
773.477.4455
Hansen Realty

Hybrid 6-Week Real Estate Broker Class The 6-Week Hybrid Real Estate Broker Class is designed to meet the 75-hour pre-licensing requirement (60 hour Pre-licensing topics and 15 hour applied real estate principals) for students seeking broker licensure in the state of Illinois. This class is a mix of self-study with teacher lectures and r...

📢 Attention Hansen Realty is hiring! 🏢📚 but first you need to get your real estate license!

Real Estate Classes Chicago | Chicago Real Estate Institute Looking to become a leasing agent or broker? Click here to enroll in our real estate classes in Chicago.

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5801 N Sheridan RD Condo for Sale! "Live Life on the Beach - Stunning Lake Michigan View Condo for Sale" Download Document It's a fact: people don't mind scrolling to read an email, as long as it's relevant and interesting. Make sure y

"Live Life on the Beach! Come check out our stunning condo with views of Lake Michigan, bike trails, and beach access just steps away. Renovated kitchen, spacious bedrooms, and beautiful wood laminate floors. Pet-friendly building with indoor valet parking, bike storage, and a huge amenity room. Conveniently located near public transportation, grocery stores, restaurants, and nearby attractions. Don't miss out, schedule a showing today! "

5801 N Sheridan RD Condo for Sale! "Live Life on the Beach - Stunning Lake Michigan View Condo for Sale" Download Document It's a fact: people don't mind scrolling to read an email, as long as it's relevant and interesting. Make sure y