$584,999
5325 W 53rd Place
Chicago, IL, 60638
Discover the perfect investment opportunity in a highly sought-after neighborhood, just a short stroll from Midway Airport and conveniently located minutes from major expressways. This stunning 2-flat has been meticulously maintained and updated, making it a true gem. Imagine the possibilities with the second-floor unit, which is currently responsible for its heat and electricity, along with a related living unit in the basement that boasts two separate entrances. With updated electrical systems, you can move in with peace of mind. The top-of-the-line appliances are less than four years old, accompanied by modern countertops that elevate the aesthetic. Enjoy the warmth of radiant heat from both boilers, which have undergone thorough cleaning and servicing as of December 2024, including a newly installed gas valve for the first-floor unit. The property also includes convenient coin-operated laundry facilities and an impressive 2.5-car garage, equipped with electricity alongside generous storage in the rafters. This garage not only offers year-round utility but can also be rented out, adding another stream of income to your investment. Whether you’re looking to supplement your income or fully embrace the potential of a rental property, this 2-flat presents an incredible opportunity. The first-floor unit mirrors the layout of the second, ensuring consistent appeal for potential renters. Plus, all electrical boxes and outlets have been meticulously replaced as of December 2024, ensuring everything is in prime condition. With central air conditioning in the owner’s and window air conditioners in the other units, comfort is ensured all year round. Don’t miss your chance to own this beautifully maintained and versatile property! The related living unit is in the basement with two entrances. Both boilers provide radiant heat and have been cleaned and serviced as of December 2024, with the first-floor boiler equipped with a new gas valve. The property also includes coin-operated laundry facilities. This unit can serve as an income supplement for you or can be utilized as a total income-building opportunity. Everything is in proper working order. Contract must state as is.
Property Details
Price:
$584,999
MLS #:
MRD12297603
Status:
Active Under Contract
Beds:
7
Baths:
4
Address:
5325 W 53rd Place
Type:
Multi Family
Neighborhood:
CHI – Garfield Ridge
City:
Chicago
Listed Date:
May 18, 2025
State:
IL
ZIP:
60638
Year Built:
1967
Schools
School District:
299
Interior
Heating
Natural Gas, Electric
Exterior
Construction Materials
Brick
Parking Features
Garage Door Opener, Heated Garage, On Site, Garage Owned, Detached, Off Street, Driveway, Owned, Garage
Parking Spots
75
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$4,133
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5325 W 53rd Place
Chicago, IL
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