5024 Patterson Avenue, Portage Park, Chicago, Illinois 60641


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$535,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 8
Baths: 0
Year Built: 1910
Property Taxes: $2,017
Days On Market: 2775
Lot Size: 0,13

Description

Large certified 4 flat in Portage Park on oversized 43x125 lot. Current tenants with all leases through 2020, 3 of 4 tenants are long term. Total monthly rental income $4350 with additional income from laundry, 2 sets of washers and dryers. All the units are well maintained with potential for improvements and improved income. Potential to convert the backyard into parking spaces for even more income ask listing agent for details. Improvements over the last two years include all new exterior doors, new laundry machines, new hot water tanks, spot tuck pointing and new owners locker in the basement. Great block and outstanding investment opportunity.

Property Specifics

Multi-unit
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—
1910
Full
Brick
Flat
—
No
0.13
Cook
—
— / —
—
Lake Michigan
Public Sewer
—
Natural Gas, Oil, Forced Air, Steam
10340876
13212250280000

Property History

DATE: EVENT: PRICE: SOURCE:
11 Oct, 2019 Sold $535,000 MRED MLS
26 Jul, 2019 Under contract $550,000 MRED MLS
11 Apr, 2019 Listed for sale $550,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: Enclosed Porch, Foyer
Basement: Full

Other Specifics

—
—
None
—
—
—
—
—
43 X 125
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—
—
—
Not in DB
Sidewalks, Street Lights, Street Paved
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—

Tax History

Year Property Taxes
2019 $2,017

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