5014 Fairfield Avenue, Gage Park, Chicago, Illinois 60632
$165,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1921 |
| Property Taxes: | $2,757 |
| Days On Market: | 1139 |
| Lot Size: | 0,08 |
Description
Welcome to your next investment opportunity -- fix-and-flip or rehab-and-hold. You'll do well either way with this brick two-flat in the up-and-coming Gage Park area conveniently located between two Orange Line stops (Western and Kedzie), schools (CPS, Rufino Tamayo charter elementary and Mansueto charter High School) and shopping. Building is habitable but needs rehab. Longtime owner has taken building's condition into account and has priced it to sell -- AS-IS. Owner will not make repairs. After-repaired-value should be $375,000+. Suitable for 203k or conventional rehab loans. Will not pass FHA. Taxes don't reflect exemptions but homeowner's and senior exemptions have been applied for, as well as certificate of error. Units have some vintage touches such as built-in china cabinet in second-floor kitchen, as well as walk-in closet in each unit. Basement offers plenty of storage space in addition to laundry room but ceiling height is less than 7.5 feet. RS-3 zoning.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1921 | |
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| — | |
| No | |
| 0.08 |
| Cook | |
| West Eldson | |
| — / — | |
| — | |
| — | |
| — | |
| 11634438 | |
| 19122170200000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Nightingale Elementary School |
299 | — | |
|
High School
Gage Park High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 23 Nov, 2022 | Sold | $165,000 | MRED MLS |
| 3 Oct, 2022 | Under contract | $197,500 | MRED MLS |
| 19 Sep, 2022 | Listed for sale | $197,500 | MRED MLS |
| 1 Apr, 2024 | Sold | $330,000 | MRED MLS |
| 28 Feb, 2024 | Under contract | $329,000 | MRED MLS |
| 13 Dec, 2023 | Listed for sale | $329,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
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| — | |
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| — | |
| 30 X 125 | |
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| — | |
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| — | |
| Not in DB | |
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| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $2,757 |
| 2024 | $2,243 |
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Listing Provided By
Coldwell Banker Realty


