$429,900
853 W 53rd Street Chicago, IL 60609
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$429,900
Est. payment /mo
8 Beds
UPDATED:
10/08/2024 05:07 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12179376
Bedrooms 8
Year Built 1895
Annual Tax Amount $3,808
Tax Year 2023
Lot Dimensions 3480
Property Description
Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from 1,200 to 1,500, and the entire building can generate up to 3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! MOTIVATED SELLER!
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Radiant
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.5
Waterfront false
View Y/N true
Roof Type Asphalt,Flat
Building
Lot Description Corner Lot, Fenced Yard
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Sherman Elementary School
High Schools Tilden Career Communty Academy S
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Hugo Sandoval • Realty of Chicago LLC
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959