5024 W Patterson Avenue

    Chicago, IL 60641
    • $535,000
    • STATUS: Closed
    • ON SITE: 221 days
    • MLS #: 10340876
    Sold - 10/11/2019
    $535,000
    SOLD - 10/11/2019
    • 8
      BEDS
    • 0.13
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Large certified 4 flat in Portage Park on oversized 43x125 lot. Current tenants with all leases through 2020, 3 of 4 tenants are long term. Total monthly rental income $4350 with additional income from laundry, 2 sets of washers and dryers. All the units are well maintained with potential for improvements and improved income. Potential to convert the backyard into parking spaces for even more income ask listing agent for details. Improvements over the last two years include all new exterior doors, new laundry machines, new hot water tanks, spot tuck pointing and new owners locker in the basement. Great block and outstanding investment opportunity.

    Sold by Arc Red Inc Arc Realty Group.

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    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-11-19T07:49:49.35 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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    www.propertyconsultants.com/homes/93618535

    5024 W Patterson Avenue Chicago, IL 60641

    • Price: $550,000
    • Status: Closed
    • Updated: 22 min ago
    • MLS #: 10340876
    8
    Beds
    4
    Baths
    1
    ½ Baths
    0.13
    Acres
    1910
    Built
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Property Description
    Large certified 4 flat in Portage Park on oversized 43x125 lot. Current tenants with all leases through 2020, 3 of 4 tenants are long term. Total monthly rental income $4350 with additional income from laundry, 2 sets of washers and dryers. All the units are well maintained with potential for improvements and improved income. Potential to convert the backyard into parking spaces for even more income ask listing agent for details. Improvements over the last two years include all new exterior doors, new laundry machines, new hot water tanks, spot tuck pointing and new owners locker in the basement. Great block and outstanding investment opportunity.
    Exterior Features

    Cars 0 Exterior Building Type Brick Floor Unit1 1 Floor Unit2 2 Floor Unit3 1 Floor Unit4 2 Lot Dimensions 43 X 125 Lot Size Oversized Chicago Lot Parking None Roof Type Flat Roof Type Multi 4 Flat Waterfront YN No

    Interior Features

    Additional Rooms Enclosed PorchFoyer Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement Full Basement Description UnfinishedExterior Access Bedrooms Above Grade 8 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Full Baths In Building 4 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths In Building 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasOilForced AirHot Water/Steam Rooms 18 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    3 Br Un In Bldg YN No Additional Sales Information List Broker Must Accompany Age 100+ Years Agent Owned Interest YN No Area Amenities SidewalksStreet LightsStreet Paved Built Before1978 YN Yes Corporate Limits Chicago Elementary Sch Dist 299 Finance Code Conventional General Information None High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 06/20 Lease Exp Date Mo Yr Unit2 06/20 Lease Exp Date Mo Yr Unit3 3/20 Lease Exp Date Mo Yr Unit4 06/20 New Construction No Other Addl Income Coin Laundry Ownership Fee Simple Possession Closing Recent Rehab YN No Rent Unit1 1100 Rent Unit2 1115 Rent Unit3 1085 Rent Unit4 1050 Sec Deposit Unit1 Tbd Sec Deposit Unit2 Tbd Sec Deposit Unit3 Tbd Sec Deposit Unit4 Tbd Sewer Sewer-Public Short Sale Not Applicable Special Assessments No Special Service Area N Tax Exemptions HomeownerSeniorSenior Freeze Tax Year 2017 Taxes 2016.77 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Rental Income 53320 Total Units In Building 4 Township Jefferson Water Lake Michigan Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-11-19T07:49:49.35 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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    2200 N Damen Ave.
    Chicago IL, 60647