5350 Wabash Avenue, Washington Park, Chicago, Illinois 60615
$425,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1910 |
| Property Taxes: | $2,655 |
| Days On Market: | 1499 |
| Lot Size: | 0,05 |
Description
Don't miss out on investing in your future with this multi-unit on a corner lot! With a $39,000 annual gross rental income, this lucrative investment is located in the sought after Washington Park neighborhood. It is adjacent to the future $150 million data center of Washington Park. It is an all brick property situated only a 5 minute walk from both the Garfield Blvd CTA Green line and Red line stations, and the Dan Ryan Expressway. Additionally, it's near the heart of the future "University of Chicago's Art Block Initiative." Featuring two spacious units with hardwood floors throughout, updated kitchens with granite countertops, stainless steel appliances, and updated bathrooms with ceramic tiling. The top floor unit has three bedrooms and one bathroom with a very large living room and plenty of closet space. The bottom unit is duplexed down offering two floors of living space and 5 bedrooms. The kitchen features a living/dining combo with a large island. The primary bedroom in the lower level features an ensuite bathroom. There is individually metered laundry for each unit in the basement utility room. The roof, back porch, water heaters, a/c's and downstairs furnace were all replaced in 2017. The upstairs furnace has been serviced annually. both units are already hard-wired for ADT security. There's nothing to do except move in and have your tenant cover the majority or all of your mortgage. The 5 bedroom was previously rented for $1,750. The 3 bedroom's potential rent could be $1,500+.
Property Specifics
| Multi-unit | |
| — | |
| Brownstone | |
| 1910 | |
| Full,Walkout | |
| — | |
| No | |
| 0.05 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 11190343 | |
| 20103070330000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Feb, 2010 | Sold | $33,000 | MRED MLS |
| 20 Feb, 2010 | Under contract | $32,900 | MRED MLS |
| — | Last price change | $34,900 | MRED MLS |
| 13 Nov, 2009 | Listed for sale | $34,900 | MRED MLS |
| 10 Jun, 2010 | Sold | $45,000 | MRED MLS |
| 27 May, 2010 | Under contract | $59,500 | MRED MLS |
| 19 Mar, 2010 | Listed for sale | $59,900 | MRED MLS |
| 13 Oct, 2021 | Sold | $425,000 | MRED MLS |
| 8 Sep, 2021 | Under contract | $425,000 | MRED MLS |
| 15 Aug, 2021 | Listed for sale | $425,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Floor Type: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: Foyer
Basement Description: Finished,Walk-Up Access
Other Specifics
| — | |
| Concrete Perimeter | |
| — | |
| Balcony, Porch, Cable Access | |
| Corner Lot,Fenced Yard | |
| 2553 SQ. FT. | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Park, Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2010 | $4,002 |
| 2021 | $2,655 |
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Listing Provided By
Coldwell Banker Realty
