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5448 W Congress Boulevard W

Chicago, IL 60644
  • $975,000
  • STATUS: Closed
  • ON SITE: 425 days
  • MLS #: 10736575
Sold - 08/04/2021
$975,000
SOLD - 08/04/2021
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

Vintage 1920's 10 unit building. Completely rebuilt in 2018, 2019. All units have generous room sizes, nine foot ceilings,original restored hardwood floors. All ten units have separate furnaces and hot water. The apartment mix consists of: A. 3 , 3bd/1.1ba. (1600sq. ft.) B. 6 2 bd/1ba (1250 sq. ft) C. 1 1 Bd/1ba (900 sq. ft.) All units rented. 4 units are vouchered tenants. Cap rate on property is above 12%. Building owned washer/dryer generate $120/mo. net income.

Sold by Kale Realty.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T23:52:47.543 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5448 W Congress Boulevard W Chicago, IL 60644

  • Price: $999,990
  • Status: Closed
  • Updated: 92 min ago
  • MLS #: 10736575
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Chi - Austin
County:
Cook
Area:
Chi - Austin
Property Description
Vintage 1920's 10 unit building. Completely rebuilt in 2018, 2019. All units have generous room sizes, nine foot ceilings,original restored hardwood floors. All ten units have separate furnaces and hot water. The apartment mix consists of: A. 3 , 3bd/1.1ba. (1600sq. ft.) B. 6 2 bd/1ba (1250 sq. ft) C. 1 1 Bd/1ba (900 sq. ft.) All units rented. 4 units are vouchered tenants. Cap rate on property is above 12%. Building owned washer/dryer generate $120/mo. net income.
Exterior Features

Construction Materials BrickStone Foundation Details Concrete Perimeter Land Amenities Curbs And GuttersLighting/ExteriorSidewalksCable Ready Miscellaneous Outside Enclosed StairsPatioSecurity GateStorms And Screens (As Exist)Other Parking Total 0 Roof MembraneReflective Coating Roof Structure Flat

Interior Features

Basement Description Cellar Cooling None Electric Circuit Breakers Fire Protection Hydrants On SiteSmoke Or Fire Protectors Fireplaces Total 4 Heat Ventilation Forced AirGas Miscellaneous Inside Laundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Disposals 0 Number Of Dryers 1 Number Of Full Bathrooms Type1 1.2 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 10 Number Of Refrigs 10 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 6 Number Of Rooms Unit2 4 Number Of Rooms Unit3 3 Number Of Rooms Unit7 0 Number Of Units Apt Type1 3 Number Of Units Apt Type2 6 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1 Number Of Window Ac 0

Property Features

Additional Parcels YN No Built Before1978 YN Yes Cap Rate 10 Electric Expense 853 Expense Year 2019 Exterior Building Type BrickStone Fuel Expense 0 Gross Income 145200 Gross Scheduled Income 145200 Insurance Expense 4920 Janitor Expense 1200 Lot Size Dimensions 50X130 Maintenance Expense 0 Monthly Income Max1 1400 Monthly Income Max2 1200 Monthly Income Max3 800 Net Operating Income Year 2019 Operating Expense 20091 Other Expense 0 Owners Assoc YN No Possible Use Condominium Tax Annual Amount 9759 Tax Year 2018 Tenant Pays ElectricityHeatHot Water Total Monthly Income 12100 Trash Expense 1511 Type Multi Family Corridor-Exterior Entrance Unincorporated YN No Utilities Sewer-Storm Available Washer Dryer Leased YN No Water Sewer Expense 1854 Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Charles Rutenberg Realty Of IL.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T23:52:47.543 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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1544 Shermer Road
Northbrook IL, 60062