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5204 S Western Avenue

Chicago, IL 60609
  • $370,000
  • STATUS: Active Under Contract
  • ON SITE: 108 Days
  • MLS #: 11435238
Under Contract
UPDATED: 161 min ago
$370,000
  • 9
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

School District:
299

Description

Multi-Unit building within only an 7 minute walk to the Western CTA Orange Line. Located in Gage Park where rental demand has recently spiked due to the ease of access to I-55, The Dan Ryan, and "the L". With the current average rents in the area, this property has the potential for an 11% or higher Cap Rate! Freshly updated first floor unit with new cabinets and appliances. Brand New Paved Concrete walkways and front steps on the exterior of the property. Newly installed artificial turf in the backyard of the property for easy maintenance. Updated Garage electrical. Central A/C and Central heat have been installed in all 3 units! Separately metered Gas for each unit! New kitchen and refurbished hardwood floors in the first floor unit. Plenty of storage within each unit. Front-Load Washer & Dryer with hookup in the utility room. 3 Separate hot water tanks. The building is fully occupied with outstanding tenants. Come view this property this upcoming weekend!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-01T23:58:22.623 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5204 S Western Avenue Chicago, IL 60609

  • Price: $370,000
  • Status: Active Under Contract
  • On Site: 108 Days
  • Updated: 161 min ago
  • MLS #: 11435238
9
Beds
0
Baths
0
½ Baths
0.07
Acres
1924
Built
Neighborhood:
Chi - Gage Park
County:
Cook
Area:
Chi - Gage Park
School District:
299
Property Description
Multi-Unit building within only an 7 minute walk to the Western CTA Orange Line. Located in Gage Park where rental demand has recently spiked due to the ease of access to I-55, The Dan Ryan, and "the L". With the current average rents in the area, this property has the potential for an 11% or higher Cap Rate! Freshly updated first floor unit with new cabinets and appliances. Brand New Paved Concrete walkways and front steps on the exterior of the property. Newly installed artificial turf in the backyard of the property for easy maintenance. Updated Garage electrical. Central A/C and Central heat have been installed in all 3 units! Separately metered Gas for each unit! New kitchen and refurbished hardwood floors in the first floor unit. Plenty of storage within each unit. Front-Load Washer & Dryer with hookup in the utility room. 3 Separate hot water tanks. The building is fully occupied with outstanding tenants. Come view this property this upcoming weekend!
Exterior Features

Architectural Style Brownstone Exterior Building Type Brick Exterior Features Patio Foundation Details Concrete Perimeter Garage Details Garage Door Opener(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features LandscapedSidewalksStreetlights Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Garage Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement Bathrooms YN No Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 9 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 21

Property Features

Age 91-100 Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Corporate Limits Chicago General Information Commuter BusCommuter TrainInterstate Access Gross Income 2800 Mls Actual Status Contingent New Construction YN No Other Additional Income Parking Space/S Other Equipment Co DetectorsSump PumpMultiple Water Heaters Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 3561.26 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 2800 Township Lake Type Two To Four Units Water Source Lake MichiganPublic Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-733-1300.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-01T23:58:22.623 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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737 North Michigan Avenue, Suite 1800
Chicago IL, 60611