5205 Palmer Street, Belmont Cragin, Chicago, Illinois 60639


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$405,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1910
Property Taxes: $7,331
Days On Market: 2442
Lot Size: 0,11
Map
Street View

Description

This 8bd/4ba 4-unit rental has great $$ potential for an investor. Rent roll exceeding 4k per month and several upgrades to the mechanicals, unit interiors and the exterior have already been done. Some of these improvements include: new siding, new roof (2016), new front and rear common area doors, new garage opener, replaced basement windows, tuckpointing, hi def camera system, new electrical. Some units have new bathrooms and ceiling fixtures. New porch flooring. Detached garage is in great condition and rents could easily be increased on future tenant turnovers. Broker has extensive knowledge of the work performed and expenses. Short notice showings available upon request.

Property Specifics

Multi-unit
1910
Partial
No
0.11
Cook
— / —
Public
Public Sewer
10295637
13331120210000

Property History

DATE: EVENT: PRICE: SOURCE:
7 May, 2019 Sold $405,000 MRED MLS
25 Mar, 2019 Under contract $449,000 MRED MLS
1 Mar, 2019 Listed for sale $449,000 MRED MLS
6 Dec, 2023 Sold $547,500 MRED MLS
22 Sep, 2023 Under contract $550,000 MRED MLS
Last price change $595,000 MRED MLS
25 Jul, 2023 Listed for sale $595,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
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: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Partial
Basement Description: Unfinished

Other Specifics

2
.1139 ACRES
Not in DB

Tax History

Year Property Taxes
2019 $7,331
2023 $5,835

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