5300 W Parker Avenue Chicago, IL $ 1,299,990
5300 W Parker Avenue
$ 1,299,990
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5300 W Parker Avenue

Chicago, IL, 60639
$ 1,299,990
Bedrooms8 Baths0.0

Monthly Estimate*

$ 9,081

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Multi-Family Home for sale in Chicago, IL

for $1,299,990 with 8 bedrooms. This home was built in 1931.

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 ***

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Multi-Family Active

Price

$ 1,299,990

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 15,965

Style

Multi-Family

Year Built

1931

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11924539

Features
General
Cooling Central Air
Zoning MULTI
Year Built 1931
Tenant Pays Air Conditioning Electricity Heat
Stories 2
Township Jefferson
Tax Year 2022
Current Use Multi-Family
Gross Income 142296
County Cook
Net Operating Income 0
Operating Expense 26089
Insurance Expense 2500
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Diversey Ave to Laramie Ave West on Parker Ave to the building
City Chicago
Total Units 10
MLS Area CHI - Belmont Cragin
Street Name Parker
Tax Annual Amount 15965
Electric Expense 1402
Fuel Expense 2268
Trash Expense 1122
Water Sewer Expense 2712
Additional Parcels Y/N N
Days on Market 175
Standard Status Active
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Exterior
Lot Dimensions 60 X 125
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Coldwell Banker Realty

Broker

JacekPiktel@yahoo.com

Email

Affordability Calculator

$10,411
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
$1,330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$1,299,990 -5.46% Price Down
11/30/2023$1,375,000 -3.51% Price Down
11/6/2023$1,425,000 Listed Price

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5300 W Parker Avenue, Chicago, IL, 60639 is a Multi-Family Home for sale at $1,299,990. 5300 W Parker Avenue has 8 bedrooms, 0.0 baths, and was built in 1931. The property's zip code is 60639 which is in Chicago, IL