5735 S Marshfield Avenue
Chicago, IL 60636

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $169,000

About this home

Welcome to this charming 2-flat brick building, an exceptional opportunity for those seeking to invest in a versatile property with great rental potential. Ideal for Investors or House Hackers: Whether you're looking to live in one unit and rent out the others or solely invest, this property offers flexibility and income potential. Unit 1 Details: Layout: 2 bedrooms, 2 bathrooms - Duplex down layout with potential to expand to 3 bedrooms. Conversion Potential - Can be converted into a separate 1 bedroom, 1 bathroom (1/1) unit. Gas hookups for a kitchen are already in place. Recent Upgrades: Fresh paint and new carpet. Unit 2 Details: Layout: 2 bedrooms, 1 bathroom Comfortable and Cozy: Ideal for anyone looking for a compact living space. Property Highlights: Low Property Taxes: A financially attractive feature, reducing overall ownership costs. Rental Potential: Currently estimated at approximately $3, 000 per month for both units. If converted to a 3-unit building, the potential increases to around $4, 000 per month (per local comps) Don't miss out on this unique opportunity to own a versatile and income-generating property. Vacant and easy to show

Property details

Property / Lot Details
Acreage 0.06
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1905
Exterior Building Type Brick
Parking None
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Englewood
Corporate Limits Chicago
Directions W 58TH TO S MARSHFIELD AVE
Elementary School Anna R. Langford Community Acade
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Gage Park High School
High Sch Dist 299
Sewer Sewer-Storm
Water Public
Jr High/Middle School Anna R. Langford Community Acade
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 3
Full Baths in Building Count 3
Total Rooms 9
Units
unit 1
Beds Total 2
Baths Total 2
Appliances And Features None
Full Baths Total 2
Lease Expiration Date 00/00
Rooms Total 5
Tenant Pays All
Floor Number 1
unit 2
Beds Total 2
Baths Total 2
Appliances And Features None
Full Baths Total 2
Lease Expiration Date 00/00
Rooms Total 4
Tenant Pays All
Floor Number 2

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20182230150000
Special Assessments N
Taxes $1,880
Tax Year 2022
$169,000 Listing Price:
MLS # 11964154
Investment Profile Residential Income
Listing Market Time 49 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 01/19/2024
Year Built 1905
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