Property for Sale: 5300 W Parker, Chicago, IL 60639 SOLD

$1,200,000
$1,200,000
5300 W Parker, Chicago, IL 60639 SOLD
$1,200,000
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Selling Price: $1,200,000
Original List Price: $1,250,000
Sold at 96.0% of list price
Sold Date: 10/08/2024

Type Commercial
Year Built 1931

City Chicago
County Cook

MLS 12088849
Status Closed
Large corner L shape ten Units Multi- Family building in rapidly appreciating Belmont Cragin. Above the ground has Eight (8) Units on 1st and 2nd floor that are all 1 Bedrm / 1 Bath Apartments with Living Room and formal Dining Room. Two (2) additional apartments (the listing broker does not represent or guarantee their legality) Garden Units in the basement have 2 Bedroom and 1 Bath. 9 apartments have its INDIVIDUAL FURNACE units as seen on photos and have also Central Air A/C. Tenants pay for their heat, gas and electric bill. A whole building has 10 separate gas meters and 11 separate electric boxes seen on photo. Based on the info from owner: Roof was fixed (not complete) in 2017 and well maintained. Newer windows (Approx. 2013). Hot water tank 100 Gal. (2014). And there are Two Additional rooms/spaces in the basement: one is unfinished space and the other is a mechanical/ storage area next to Coin laundry Rm w/ 2 washers and 2 dryers seen on photos with the meters. 3 car garage can yield EXTRA income. Most tenants on M/ M basis and a few on lease. Some lower rents due to stable long term tenants. Total Annual is: Rental income, parking plus coin laundry: $ 142,296 *** All 10 units are currently rented out. 2 out of 3 garage spaces currently included in the rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add'l Info ***

Lot & Building Features

Cooling Central Air
Tax Year 2022
Lot Dimensions 60 X 125 ft

Price History of 5300 Parker, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $1,200,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Cheryl Cronin
Direct: 708-237-7799
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Coldwell Banker Realty, Jacek Piktel
Sold by Chicago Homes Real Estate Corp, Fabian Morales
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1%
6.75%
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty