$1,668,000
( )
 $8,954 est/mo Sourced by Back At You

5402 W Melrose Street , Chicago, IL 60641

Chicago, IL 60641

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Description

PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF THE BELMONT-CRAGIN NEIGHBORHOOD THIS PROMINENT YELLOW BRICK CORNER BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF FOUR (4) 2BD/1BA AND EIGHT (8) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY, A BACK COURTYARD AND A 2-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE THE RESIDENTS ARE RESPONSIBLE FOR THEIR COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: -OVERSIZED RESIDENT STORAGE UNITS - BUILDING OWNED LAUNDRY FACILITY - (2) CAR DETACHED PARKING GARAGE

Details

MLS#12201366
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1929
Days On Site105
Listing Provided ByRevive Real Estate LLC | Jamison Klassman

Features

Story(s)2
Units12

Market Activity 60641

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Listings Checked: 29 seconds ago
StateIL
CountyCook
CityChicago
Zip Code60641
AreaCHI Portage Park
Listing VS Median (in 60641)
Price:
$1,668,000
low | high
Med:
$279,999
100% of Average
On Site:
105
low | high
Med:
4.000000
100% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 3:56:35 PM PST