5044 W Madison Street
Chicago, IL 60644

Status: Active
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $385,000
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About this home

THIS LISTING IS FHA FRIENDLY(the living space is larger then the commercial space. Located in a prime location, this two-unit building features a commercial space on the ground/first floor, The first floor boasts a spacious commercial area, perfect for retail or office use, event space or salon! ( basement ceilings are very high leaving endless potential . The upper floors offers 2 two bedrooms and one bathroom apartments. It's providing comfortable living arrangements. Additionally, the property features a large backyard and a detached garage, offering plenty of Out door space.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building No
Approx Year Built 1925
Parking Total 2
Exterior Building Type Brick
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2024
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Corporate Limits Chicago
Directions West of madison and north of jackson
Elementary Sch Dist 130
Heat/Fuel Natural Gas
High Sch Dist 130
Water Lake Michigan
Jr High/Middle Dist 130
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 5
Full Baths in Building Count 4
Half Baths in Building Count 1
Total Rooms 12
Units
unit 1
Beds Total 5
Baths Total 2
Appliances And Features None
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays All
Floor Number 1
Square Feet 1200
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 11/24
Rooms Total 6
Tenant Pays All
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 6
Tenant Pays All
Floor Number 3
Property / Lot Details
Lot Dimensions 4425
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16094260210000
Special Assessments N
Taxes $2,879
Tax Year 2022
$385,000 Listing Price:
MLS # 12173697
Investment Profile Residential Income
Listing Market Time 2 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 3
Parking Garage
List Date 09/26/2024
Year Built 1925
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