5036 W Congress Parkway
Chicago, IL 60644

Status: Active
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $419,900
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About this home

Exceptional opportunity to acquire income producing 4 unit property on a 44' lot and upside on rents. 3 of 4 apartments are currently rented. This brick building has central heat, new roof in 2023, and other recent improvements. Building has a big back yard with option to build a garage. This building sits across the street from George Leland Elementary with access to it's turf field is a great amenity for tenants. Located just a few blocks from I-290 and few minutes to downtown.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
3 Bedroom Unit in Building No
Approx Year Built 1952
Exterior Building Type Brick
Foundation Concrete Perimeter
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Corporate Limits Chicago
Directions Lavergne to Congress, west to property.
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 West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 20
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 850
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 01/26
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 900
Appliances And Features None
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 900
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 12/25
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 44X123
Lot Size Source County Records
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 300
Rental Income 31800
Investment Profile Residential Income
Water Expense $4,300

Tax/Assessments/Liens

PIN 16162180500000
Special Assessments N
Taxes $6,582
Tax Year 2022
$419,900 Listing Price:
MLS # 12015001
Investment Profile Residential Income
Listing Market Time 39 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking None
List Date 03/27/2024
Year Built 1952
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