5005 W Chicago AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60651
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12390664
Bedrooms 5
Year Built 1898
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
This 2-unit property has undergone major upgrades, including a brand-new tear-off roof (2024), siding, furnaces (2024), water heaters(2024), and updated plumbing(2024). Only cosmetic finishes and appliances remain for adding your personal touch and building instant equity. The main-level unit features 3 bedrooms, a large living room, separate dining room, and generous kitchen. The upper unit offers 2 bedrooms, a large walk-in closet, and ample storage. The basement includes 2 additional bedrooms and a full bath-ideal for extended living or rental income. It's already wired for a 3rd unit, and while the plumbing was capped, lines can easily be extended to add a 3rd meter. Live in one unit and rent out the other to offset your mortgage! Owner-occupants may qualify for a $20K forgivable grant with just $1K down-and may stack additional grants through your preferred lender. Property sold as-is; finishing work to be completed by buyer.
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Interior
Heating Natural Gas,Forced Air
Equipment CO Detectors,Ceiling Fan(s),Multiple Water Heaters
Exterior
Community Features Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Nash Elementary School
Middle Schools Nash Elementary School
High Schools Marshall Metropolitan High Schoo
School District 299 ,299, 299
Others
Special Listing Condition None