$1,250,000
Active Under Contract
38 Days Online
0 Beds0 Baths0 SQFT
Active Under Contract

5300 W Parker Avenue Chicago, IL 60639

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Large corner L shape ten Units Multi- Family building in rapidly appreciating Belmont Cragin. Above the ground has Eight (8) Units on 1st and 2nd floor that are all 1 Bedrm / 1 Bath Apartments with Living Room and formal Dining Room. Two (2) additional apartments (the listing broker does not represent or guarantee their legality) Garden Units in the basement have 2 Bedroom and 1 Bath. 9 apartments have its INDIVIDUAL FURNACE units as seen on photos and have also Central Air A/C. Tenants pay for their heat, gas and electric bill. A whole building has 10 separate gas meters and 11 separate electric boxes seen on photo. Based on the info from owner: Roof was fixed (not complete) in 2017 and well maintained. Newer windows (Approx. 2013). Hot water tank 100 Gal. (2014). And there are Two Additional rooms/spaces in the basement: one is unfinished space and the other is a mechanical/ storage area next to Coin laundry Rm w/ 2 washers and 2 dryers seen on photos with the meters. 3 car garage can yield EXTRA income. Most tenants on M/ M basis and a few on lease. Some lower rents due to stable long term tenants. Total Annual is: Rental income, parking plus coin laundry: $ 142, 296 *** All 10 units are currently rented out. 2 out of 3 garage spaces currently included in the rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add'l Info ***

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$15,965
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12088849
  • Home Size Source N/A
  • Year Built1931
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 2
  • Zoning MULTI
  • Number Of Stories 2

Interior Features

  • Cooling Central Air

Community Features

  • Township Jefferson
  • MLS Area CHI - Belmont Cragin

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Monthly Payment (Est.)

$6,047
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