Ideal Portage Park 4 Flat brick investment property features four renovated two bedroom units. Tenants pay all their own utilities as there are separate boilers to heat each unit. Plus, as a bonus, there's a grandfathered first floor unit, not yet renovated, with long-term (7+ years) tenants paying $950. New Windows, New Baths, New Kitchens - including cabinets, granite counters and Stainless Steel Appliances! All the light fixtures and ceiling fans are new, and the hardwood floors throughout have been refinished. Great location too! Sutherlands, Tata's Tacos, Culvers and Binny's Beverage Depot are just two blocks away on Irving Park Road, and Portage Park itself with all it has to offer (endless green space, dog park, tennis courts, Farmer's Market, swimming pool, etc.) is just a short six block walk. Tenants can dine at additional restaurants on Irving Park Rd. or Milwaukee Ave very close by. They will really enjoy this neighborhood! One unit just vacated as the tenants bought their first home, so that unit is easy to show, and available for an owner-occupant if needed. Incredibly bright second/top floor home! Otherwise, it can be leased for $1, 400-$1, 500 in today's market! Sit back and collect $72, 300 annually, and watch it grow to $84, 000 or more as tenants turn over!

Property Details

PRICE
$779,000
BEDROOMS
10
BATHROOMS
5
SQFT
N/A
YEAR BUILT
1912
PARKING SPOTS
N/A
MLS #
11966487
FULL ADDRESS
5001 5001 Grace Street
CITY
Chicago, IL
ZIP
60641

Listing Details

Listing Office
Keller Williams Rlty Partners
Listing Agent
Thomas Brandt
Contact
847-685-8300
Last Data Update
2024-05-19T15:18:02Z

Interior

BATHROOMS
5 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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