Chicago, IL 60639,5300 W Parker AVE
Chicago, IL 60639,5300 W Parker AVE
Chicago, IL 60639,5300 W Parker AVE
35
$1,200,000
$1,250,000
4.0%
Est.Price: ?

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5300 W Parker AVE Chicago, IL 60639

Est. payment /mo
SOLD DATE : 10/08/2024

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12088849

Sold Date 10/08/24

Year Built 1931

Annual Tax Amount $15,965

Tax Year 2022

Lot Dimensions 60 X 125

Property Sub-Type Multi Family 5+

Property Description

Large corner L shape ten 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. 9 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 *** All 10 units are currently rented out. 2 out of 3 garage spaces currently included in the rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add'l Info ***

Location

State IL

County Cook

Area Chi - Belmont Cragin

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Jacek Piktel • Coldwell Banker Realty
Bought with Fabian Morales • Chicago Homes Real Estate Corp

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agent

Valorie Schmidt

Broker Associate | License ID: 44275

+1(847) 624-5368

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