Address
5838 W Montrose Avenue Chicago, IL
Price
$ 874,900
Property Attributes
  • MLS#11033969
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodJefferson Park
  • Zip60634
  • Style
  • Year Built1959
  • Taxes$ 13226
  • Price$ 874,900
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6163
Listing Provided Courtesy Of:
RCI Preferred Realty
Data Source:
Midwest Real Estate Data LLC
Property Description

TURN KEY, SOLID BRICK side entrance 6-UNIT BLDG in northwest side of Chicago in hot PORTAGE PARK! * Currently operating at 7.23% CAP rate! Within this 6,163 square foot building, there are two 3BR/1bth units and four 2BR/1bth units that are all rented * All 6 apartments have been remodeled over the past 4 years and are in great condition...new kitchen and baths, hardwood floors, lighting * In addition to the remodeled units, the building has been very well-maintained and managed * All utilities are separate for each unit and TENANTS PAY ALL UTILITIES (except unit GN)...6 boilers, 7 water heaters, New Windows (2019) throughout * Conveniently located Laundry in basement with coin-operated washer and dryer brings in additional income (not listed in figures below) * Two 2-car garages (4 spaces) in back that are all currently leased ($400/mth total) by one tenant in building. * NOTE * Pictures of interior units are prior to windows being replaced * Serious pre-approved inquires only * Units are always in high demand and easily rentable...Truly a turn key operation in desirable Portage Park/Jefferson Park LOCATION! Don't miss this great investment opportunity.

Price History
3/26/2021 Listed $874,900

General Features

Contingency Attorney/Inspection
Fuel Expense 1500
Property Type Multi Family 5+
Property Type Commercial Sale
Standard Status Active Under Contract
Stories 3
Tax Annual Amount 13226
Total Units 6
Water Sewer Expense 2790

Exterior Features

Building Area Total 6163
Exterior Brick
Lot Dimensions 46.5 X 125
Lot Size Square Feet 5812
Total Parking 4

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60634

Price
AVG $370K
$870K
Taxes
AVG $4,664
$13,226
Visits
AVG 42
107
Year Built
AVG 1944
1959
Walkscore
AVG 74
74
Data Provided by Walkscore ® not using MLS data