5852 W Irving Park RD, Chicago, IL 60634
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5852 W Irving Park RD, Chicago, IL 60634
5852 W Irving Park RD, Chicago, IL 60634
5852 W Irving Park RD, Chicago, IL 60634
5852 W Irving Park RD, Chicago, IL 60634

$943,000

Est. payment /mo
Est.Price: ?

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5852 W Irving Park RD Chicago, IL 60634

5,786 SqFt

SOLD DATE : 11/18/2021

Key Details

Sold Price $943,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 5,786 sqft

Price per Sqft $162

MLS Listing ID 11215215

Sold Date 11/18/21

Year Built 1962

Annual Tax Amount $11,528

Tax Year 2020

Lot Size 6,098 Sqft

Lot Dimensions 6250

Property Sub-Type Multi Family 5+

Property Description

COMPLETELY REMODELED, 6-UNIT BRICK building provides a fully turn-key opportunity for your next investment. Currently operating at 6.8% CAP (8.6% Cash-on-Cash ROI). Annual income is $94,200 with a NOI of $68,007. NO work to do, just sit back and collect the rent. Building consists of: FIVE 2BR/1bth units and ONE 1BR/1bth unit (1 br unit is potentially non-conforming). All units are rented. All 6 apartments have been completely remodeled and feature new kitchens with shaker style cabinets, SS appliances including built-in microwaves & dishwashers, granite or quartz countertops, subway tiled baths, dark-stained hardwood floors, new lighting, new windows, the works - it's all been done. Properties with THIS MUCH work done almost never hit the market. Side entrance building in Chicago's Portage Park neighborhood. In addition to the remodeled units, the building has a very nice laundry room for extra income and one storage locker per unit. Common boiler provides hot-water base board heat with individual thermostats in each unit. Parking consists of 2 garage spaces and 3 outside spaces. NOTE: Interior pictures show 3 different units - please note they are all as nice as the ones in the pictures! Units are always in high demand and easily rentable...Truly a unique property, nothing else like it available. Don't miss this great investment opportunity.

Location

State IL

County Cook

Area Chi - Portage Park

Zoning MULTI

Rooms

Basement Finished

Interior

Cooling Wall Sleeve, Window Unit(s)

Fireplace N

Exterior

Utilities Available Sewer Connected

Building

Water Municipal Water

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Ashley Carter of  Keller Williams ONEChicago 
Bought with Non Member of NON MEMBER

NEARBY SCHOOLS & BUSINESSES

Wade Marshall

Wade Marshall

Real Estate Advisor License ID: 475.129060

+1(773) 450-1247

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