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Map
$702,000 - $856,000
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Multifamily -
In Contract
5001 W Grace Street
Chicago, IL 60641
10 Beds
0 Bath
About This Property
Ideal Portage Park 4 Flat brick investment property features four
renovated two bedroom units. Tenants pay all their own utilities as
there are separate boilers to heat each unit. Plus, as a bonus,
there's a grandfathered first floor unit, not yet renovated, with
long-term (7+ years) tenants paying $950. New Windows, New Baths,
New Kitchens - including cabinets, granite counters and Stainless
Steel Appliances! All the light fixtures and ceiling fans are new,
and the hardwood floors throughout have been refinished. Great
location too! Sutherlands, Tata's Tacos, Culvers and Binny's
Beverage Depot are just two blocks away on Irving Park Road, and
Portage Park itself with all it has to offer (endless green space,
dog park, tennis courts, Farmer's Market, swimming pool, etc.) is
just a short six block walk. Tenants can dine at additional
restaurants on Irving Park Rd. or Milwaukee Ave very close by. They
will really enjoy this neighborhood! One unit just vacated as the
tenants bought their first home, so that unit is easy to show, and
available for an owner-occupant if needed. Incredibly bright
second/top floor home! Otherwise, it can be leased for
$1,400-$1,500 in today's market! Sit back and collect $72,300
annually, and watch it grow to $84,000 or more as tenants turn
over!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$922
HOA Dues
-
Year Built
1921
Listed By
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 2, 2024 | In contract | - | |
In contract | |||
Jan 26, 2024 | Listed | $779,000 | |
Listed | |||
Feb 14, 1996 | Sold to John E Doebler | $120,000 | |
Sold to John E Doebler |
Property Highlights
Exterior Details
Exterior Information
Brick
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
4
Baths
3,100 ft²
$231/ft²
$715,000
Jan 16, 2024
-
$287/mo
Active
House
3
Beds
3.5
Baths
3,100 ft²
$274/ft²
$849,900
Jan 10, 2024
-
$498/mo
Active
House
4
Beds
3
Baths
3,217 ft²
$205/ft²
$659,995
Jan 11, 2024
-
$541/mo
Active
House
4
Beds
3
Baths
2,059 ft²
$304/ft²
$625,000
Jan 8, 2024
-
$607/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
5001 West Grace Street
5001 West Grace Street, Chicago, IL 60641
- 1 Unit for Sale