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  • Price$1,299,990
  • Built1931

5300 West Parker Avenue, Chicago

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 ***

Essential Information

  • MLS® #11924539
  • Price$1,299,990
  • Bathrooms0.00
  • Acres0.00
  • Year Built1931
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusContingent
  • Taxes$15,965

Interior

  • CoolingCentral Air

Additional Information

  • Days on Market195
  • ZoningMULTI

Community Information

  • Address5300 West Parker Avenue
  • AreaCHI - Belmont Cragin
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60639

Exterior

  • ExteriorBrick

Listing Details

  • Listing OfficeColdwell Banker Realty

Price Change History for 5300 West Parker Avenue, Chicago, IL (MLS® #11924539)

Date Details Price Change
Contingent
Active
Price Change
Price Reduced $1,299,990 $75,010 ( 5.46% )
Active
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Listing information last updated on May 18th, 2024 at 5:53pm CDT.