5014 Fairfield Avenue, Gage Park, Chicago, Illinois 60632

Subdivision > West Eldson

$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
Map
Street View

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
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

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

30 X 125
Not in DB

Tax History

Year Property Taxes
2022 $2,757
2024 $2,243

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Listing Provided By

Coldwell Banker Realty