5056 W Hutchinson Street Chicago, IL, 60641
$ 510,000Bedrooms 4 Baths0
for $510,000 with 4 bedrooms. The lot size is 30X125.
Great investment opportunity for an investor or live in owner! Move-in ready, solid brick two-flat on a quiet tree lined street. 2 & 3 bedroom units & a fully finished 3 bedroom in-law garden unit. Building features renovated modern units that also incorporate the beautiful & true Chicago architecture & design w/many natural materials like wood & stone. Top unit includes a front balcony. Good size backyard, 2 car garage & additional gated parking spot. The building potential annual net income is $50, 000 year w/great cap rate of 5%. The top unit includes hardwood floors, walk-in closets, 42 in. cabinets, in-unit LG washer and dryer & top of the line Samsung Chef Edition SS appliances. Unit 1 and garden unit come with a shared washer and dryer available for tenants use. All units have separate central AC and gas heating units. Located in Portage Park steps to Starbucks & Six Corners w/all the bars & restaurants. Plenty of parks & playgrounds + minutes to Blue Line & Metra, I-90 and I-94!
Basement Finished Full Basement
Heating System Forced Air Gas
Room Features Bath Tub
Sewer Overhead Sewers
Water Source Lake
Exterior* Excluded Features
Garage Carport(s) Detached Garage(s) Owned
Land Improvements Sidewalks Street Lights
Road Frontage Paved
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Multi-family listings in Chicago, IL
Average List Price $402,647
Percent of Sale Price 21 %
About Chicago, IL
-4 % Since 2002
$ 49,562 Median Income
34.83 Median Age
25 % Households with Children