Chicago, IL 60632,5014 S Fairfield Avenue
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Chicago, IL 60632,5014 S Fairfield Avenue
Chicago, IL 60632,5014 S Fairfield Avenue
Chicago, IL 60632,5014 S Fairfield Avenue
Chicago, IL 60632,5014 S Fairfield Avenue

$165,000

Est. payment /mo

$197,500

16.5%
Est.Price: ?

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5014 S Fairfield Avenue Chicago, IL 60632

4 Beds

3,484 Sqft Lot

SOLD DATE : 11/23/2022

Key Details

Sold Price $165,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision West Eldson

MLS Listing ID 11634438

Sold Date 11/23/22

Style Traditional

Bedrooms 4

Year Built 1921

Annual Tax Amount $2,756

Tax Year 2020

Lot Size 3,484 Sqft

Lot Dimensions 30 X 125

Property Description

Welcome to your next investment opportunity -- fix-and-flip or rehab-and-hold. You'll do well either way with this brick two-flat in the up-and-coming Gage Park area conveniently located between two Orange Line stops (Western and Kedzie), schools (CPS, Rufino Tamayo charter elementary and Mansueto charter High School) and shopping. Building is habitable but needs rehab. Longtime owner has taken building's condition into account and has priced it to sell -- AS-IS. Owner will not make repairs. After-repaired-value should be $375,000+. Suitable for 203k or conventional rehab loans. Will not pass FHA. Taxes don't reflect exemptions but homeowner's and senior exemptions have been applied for, as well as certificate of error. Units have some vintage touches such as built-in china cabinet in second-floor kitchen, as well as walk-in closet in each unit. Basement offers plenty of storage space in addition to laundry room but ceiling height is less than 7.5 feet. RS-3 zoning.

Location

State IL

County Cook

Community Curbs, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas, Baseboard

Fireplace N

Exterior

Exterior Feature Cable Access

Waterfront false

View Y/N true

Building

Lot Description Level, Sidewalks, Streetlights

Foundation Concrete Perimeter

Sewer Public Sewer, Sewer-Storm

Water Lake Michigan, Public

New Construction false

Schools

Elementary Schools Nightingale Elementary School

High Schools Gage Park High School

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition Exclusions-Call List Office

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Listed by Mark Ruda • Coldwell Banker Realty
Bought with Erick Escobedo • Realty of Chicago LLC

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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