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$ 664,900
Est. payment /mo
Active
5008 W Strong ST Chicago, IL 60630
5 Beds
UPDATED:
09/08/2024 02:45 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12133347
Bedrooms 5
Year Built 1921
Annual Tax Amount $5,910
Tax Year 2023
Lot Dimensions 30 X 125
Property Description
Fantastic investment opportunity on a quite tree lined street of Jefferson Park. Legal 3 flat perfect for an investor or owner looking to invest in themselves. Get the best of both worlds with a wonderful mix of vintage charm and modern conveniences. Kitchens and baths have been remodeled a while ago but nice. Two 2-bedroom 1 bath units plus a large 4 room one bedroom on top floor. Enclosed back porches and lots of extra storage. All units have separate furnaces. Located in a quiet little neighborhood of Jefferson Park yet perfectly situated with easy commuter access to I-90 off Lawrence or hop on the Blue Line just a couple blocks away. Still, plenty of opportunity to expand... additional potential square footage in the basement. 2 car garage needs work or replacement. There's a nice, fenced yard. Rents $1700. 1st and 2nd floors $1375. 3rd floor total $4775. or $57300. gross less expenses of $14907. equals a net income of $42393. A 6.37% return on a cash-on-cash investment. Property in good condition and sold "as is'". Any questions, offers or concerns contact Norbert Mika. See agent remarks.
Location
State IL
County Cook
Area Chi - Jefferson Park
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Porch
Garage Detached
Garage Spaces 2.0
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Waterfront false
Roof Type Asphalt
Building
Lot Description Fenced Yard
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Matthew Mika • Compass
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