$750,000
5950 W SCHUBERT Avenue
Chicago, IL, 60639
Prime Belmont Cragin 4-unit apartment building with two (2) additional non-conforming units, offered for the first time in over 24 years. Unit mix includes four (4) 2BD/1BA and two (2) non-conforming 1BD/1BA garden layouts. Apartments feature hardwood flooring in living areas, with kitchens and baths finished in rental-grade materials including wood cabinetry, laminate countertops, and white appliances. Tenants pay their own cooking gas and electric, except Unit 1W and the non-conforming units. Boiler heat is owner-paid. Property highlights include separately metered electric, two Rheem hot water heaters (2020 & 2023), vinyl windows (within last 15 years), and a mix of copper and galvanized plumbing. Additional amenities include building-owned coin laundry and a two-car garage providing supplemental income. Current rents remain well below market, offering a clear value-add opportunity through rent increases and unit modernization.
Property Details
Price:
$750,000
MLS #:
MRD12487165
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chibelmontcragin
Listed Date:
Oct 3, 2025
Year Built:
1956
Schools
School District:
299
Interior
Heating
Forced Air, Indv Controls
Exterior
Construction Materials
Brick
Parking Features
On Site, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$6,333
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Multi Family in Chicago as of Oct 06, 2025
1,485
Multi Family Listed
79
Avg DOM
$501,377
Avg List Price
Community
- Address5950 W SCHUBERT Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60639
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Property Summary
- 5950 W SCHUBERT Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60639. It is listed for $750,000 To schedule a showing of MLS#mrd12487165 at 5950 W SCHUBERT Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5950 W SCHUBERT Avenue
Chicago, IL
