$879,999
5400-08 W George Street
Chicago, IL, 60641
Well-kept 6 Units Multi- Family building in Belmont Cragin area. All six apartments are above the grade/ground (no basement units) on 1st and 2nd Floor And full unfinished open basement ready for ideas. There are Four larger 1 Bedrm units with formal Living Rm & separate Dining Rm w/ closets (other similar buildings have converted into 2 bedrm units) and Two units a bit smaller. Original hardwood floors and nice woodwork throughout the whole building. Recent improvements per the owner: New furnace (2024). All windows (Appx. 2012). Roof was replaced (Appx. 2007) and maintained with silver coating. Full unfinished open space basement with mechanical room, laundry room – newer washer and dryer recently installed, plenty of storage spaces for all tenants. Tenants pay for their own electricity bill and cooking gas costs. Current rents ranging from $ 1,100 – 1,290. Some leases expire in 2025 and a few till 2026. Few units are still occupied by longer term tenants and right away with upside income potential ***
Property Details
Price:
$879,999
MLS #:
MRD12351354
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5400-08 W George Street
Type:
Commercial
Neighborhood:
CHI – Belmont Cragin
City:
Chicago
Listed Date:
Apr 29, 2025
State:
IL
ZIP:
60641
Year Built:
1929
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Brick
Roof
Composition, Rubber
Financial
Tax Year
2023
Taxes
$10,979
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5400-08 W George Street
Chicago, IL
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