4935 W Cullom Avenue
Chicago, IL 60641

Status: Active Under Contract
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $750,000

About this home

WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON WEDNESDAY, MAY 22, 2024. This all brick, Portage Park legal 2-unit with a garden unit, which makes for a perfect investment; or, you can live in one unit and rent out the other units. Also, keep this in mind: single-family homes alone are selling way north of $400, 000 nowadays and multi-unit dwellings are way cheaper on a per unit basis. And what is the best part besides the area? The mechanicals. They are in tip-top shape. Simply put, this property has been well-maintained by a long-time homeowner! This building is the epitome of pride of ownership and each unit is sprawling and spacious with some really tall ceilings for that comfy vibe. Equally important, each unit features hardwood floors throughout, three or four bedrooms, a bathroom and an updated kitchen with white, shaker style cabinets, a classy black granite piece chased up with subway tiles and a new stainless steel appliance set. The kitchen is huge and it is perfect for family gatherings and entertaining friends. The garden unit features two bedrooms and a bathroom, and it is perfect for that solo person or couple. Additionally, there is also a coin-operated washer and dryer in the common area just outside of the garden unit, and an enclosed, rear porch as well as a detached, 2-car garage. You can even rent one garage space or both garage spaces for additional income. This property is close to it all: a few minutes away from the Kennedy expressway, steps away from the Montrose Blue Line, in near proximity to O'Hare Airport, famous Gale Street Inn and Bacci Pizza, schools, parks, coffee shops, shopping and restaurants. The location is unbeatable! All types of financing will be considered as well: conventional, FHA and VA! Show and sell. Easy to show. A true 10! A must see.

Property details

Property / Lot Details
Acreage 0.08
Deconversion N
Lot Dimensions 30 X 125
Lot Description Fenced Yard, Sidewalks, Streetlights
Lot Size Source County Records
Lot Size Less Than .25 Acre
Other Structures None
Ownership Fee Simple
Style of House Other
Type Unit 2 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Interior Features
Additional Rooms Enclosed Porch
Basement Description Finished, Concrete (Basement)
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 16
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date EMPTY
Rooms Total 7
Tenant Pays None
Floor Number 1
Square Feet 1287
unit 2
Beds Total 4
Baths Total 1
Actual Rent 1750
Appliances And Features Stove, Refrigerator, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 8
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1287
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date EMPTY
Rooms Total 5
Tenant Pays None
Floor Number G
Square Feet 800
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1916
Parking Total 2
Exterior Building Type Brick
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Portage Park
Zoning Type MULTI
Corporate Limits Chicago
Directions Head north on Irving Park Road, pass Irving Park Road, make a soft left on Milwaukee Avenue and then make a right on Cullom Avenue to 4935.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Jefferson

Financials

Gross Rental Income $21,000
Rental Income 21000
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13164090140000
Special Assessments N
Taxes $8,644
Tax Exemptions None
Tax Year 2022
$750,000 Listing Price:
MLS # 12060131
Investment Profile Residential Income
Listing Market Time 30 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 3
Parking Garage
List Date 05/19/2024
Year Built 1916
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