5022 S Elizabeth Street
Chicago, IL 60609

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $355,000

About this home

Welcome to this incredible multi-unit property in the vibrant Back of the Yards neighborhood! This building offers three generous units, each featuring 3 spacious bedrooms with large closets and 1 bathroom. Experience modern living with numerous recent updates, including an upgraded HVAC system, new water heaters, and completely redone electrical and plumbing systems-all in 2018. The kitchens have been fully renovated to meet contemporary standards. Both the front and rear porches were reconstructed in 2022, providing ideal spaces for relaxation and socializing. Additionally, the property includes a convenient parking pad at the back with space for two cars, and two of the three units are equipped with washer and dryer hook-ups for added convenience. Two units are currently occupied by excellent tenants with leases in place, ensuring a steady income stream. The third unit is rented out month-to-month, offering flexibility. Situated just blocks away from the eagerly anticipated United Yards development, this neighborhood is undergoing exciting transformations. The property is conveniently located near transportation and shopping and is just a 20-minute drive from downtown. This opportunity is truly exceptional in every aspect, so don't miss out-schedule your appointment today before this property is gone!

Property details

Property / Lot Details
Acreage 0.07
Lot Dimensions 25X123
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1891
Parking Total 2
Exterior Building Type Vinyl Siding, Frame
Exterior Property Features Deck ,Porch
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2019
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Paved
Area Major CHI - New City
Zoning Type MULTI
Corporate Limits Chicago
Directions Ashland Ave to 51st St - 51st to Elizabeth St - North to property (one-way)
Equipment Ceiling Fan(s), Multiple Water Heaters
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 15
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1025
Appliances And Features Stove, Refrigerator, Laundry Hook-Up, Range Hood, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 10/24
Rooms Total 5
Tenant Pays All
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1075
Appliances And Features Stove, Refrigerator, Range Hood
Full Baths Total 1
Lease Expiration Date 10/24
Rooms Total 5
Tenant Pays All
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 1250
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Laundry Hook-Up, Range Hood, Cathedral Ceilings
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Other
Floor Number 3

Financials

Financing FHA
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20081300270000
Special Assessments N
Taxes $2,110
Tax Year 2023
$355,000 Listing Price:
MLS # 12154046
Investment Profile Residential Income
Listing Market Time 63 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 09/03/2024
Year Built 1891
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