5001 Grace Street, Portage Park, Chicago, Illinois 60641
$825,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1912 |
| Property Taxes: | $11,066 |
| Days On Market: | 1023 |
| Lot Size: | 0,00 |
Description
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 Specifics
| Multi-unit | |
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| 1912 | |
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| Brick | |
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| No | |
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| Cook | |
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| — / — | |
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| 11966487 | |
| 13212170180000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 May, 2024 | Sold | $825,000 | MRED MLS |
| 31 Jan, 2024 | Under contract | $779,000 | MRED MLS |
| 26 Jan, 2024 | Listed for sale | $779,000 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
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| None | |
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| 30 X 124 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $11,066 |
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Listing Provided By
Keller Williams Rlty Partners
