5300 West Parker Avenue, Chicago, IL

$1,299,990

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About 5300 West Parker Avenue

Large corner L shape 10 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. 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 *** Currently garage spaces included in rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add'l Info ***

Features of 5300 West Parker Avenue

MLS® # 11924539
Price $1,299,990
Bathrooms 0.00
Acres 0.00
Year Built 1931
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 5300 West Parker Avenue
Area CHI - Belmont Cragin
City Chicago
County Cook
State IL
Zip Code 60639

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 186
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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