$1,299,990
5300 W Parker Avenue
Chicago, IL, 60639
Large corner L shape 10 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. 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 *** Currently garage spaces included in rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add’l Info ***
Property Details
Price:
$1,299,990
MLS #:
MRD11924539
Status:
Active
Beds:
0
Baths:
0
Address:
5300 W Parker Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Nov 5, 2023
State:
IL
ZIP:
60639
Year Built:
1931
Schools
Interior
Cooling
Central Air
Exterior
Financial
Buyer Agent Compensation
2%-$475Net Sale Price
Tax Year
2022
Taxes
$15,965
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5300 W Parker Avenue
Chicago, IL
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