$720,000
5260 W Adams Street
Chicago, IL, 60644
Rent roll available upon request. Photos are from a unit that was vacant last year. The building consists of six spacious and bright 3 bed 1 bath units & one 4 bed 1 bath unit with generous living square footage and ample closet space. Each unit has its own water heater and furnace, all working well. The occupied units are with CHA tenants, except for one (non-CHA tenants have been living in the building for 20+ years) ensuring consistent cash flow every month. ***Gross income for 2024 – $9651/month, NET operating income: $3,000-$4,000/month!!!!*** This is a brick building on the outside with a detached 2-car garage and several remodeled units on the inside featuring recently restored and varnished hardwood floors in four of the units, life-proof, waterproof laminate flooring throughout the rest. One apartment in original condition because tenants have been living there for 20+ years, but bathroom was remodeled in November of 2024. The roof of both the building and the garage have also been restored in August, 2023.
Property Details
Price:
$720,000
MLS #:
MRD12340906
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5260 W Adams Street
Type:
Commercial
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
Apr 17, 2025
State:
IL
ZIP:
60644
Year Built:
1917
Schools
Interior
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$11,106
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5260 W Adams Street
Chicago, IL
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