Check Availability
$702,000 - $856,000
Multifamily - In Contract

5001 W Grace Street

Chicago, IL 60641
bedrooms
10 Beds
bathrooms
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
Thomas Brandt
Keller Williams Rlty Partners

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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
-
-
$710,000 Jan 8, 2024
-
$906/mo
Multifamily
8 Beds
-
-
$699,900 Jan 29, 2024
-
$301/mo
Multifamily
8 Beds
-
-
$675,000 Jan 5, 2024
-
$755/mo
Multifamily
7 Beds
-
-
$695,000 Jan 8, 2024
-
$553/mo
Multifamily
8 Beds
-
-
$650,000 Oct 11, 2023
-
$838/mo
House
4 Beds
4 Baths
3,100 ft²
$231/ft²
$715,000 Jan 16, 2024
-
$287/mo
House
3 Beds
3.5 Baths
3,100 ft²
$274/ft²
$849,900 Jan 10, 2024
-
$498/mo
House
4 Beds
3 Baths
3,217 ft²
$205/ft²
$659,995 Jan 11, 2024
-
$541/mo
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
More about this Building
5001 West Grace Street
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About Northwest Side


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