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 |
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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 |
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Area | CHI - Belmont Cragin |
City | Chicago |
County | Cook |
State | IL |
Zip Code | 60639 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Central Air |
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Fireplace | No |
Has Basement | No |
Exterior
Exterior | Brick |
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Additional Information
Days on Market | 186 |
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Zoning | MULTI |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Coldwell Banker Realty |
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