Address
5062 W Agatite Avenue Chicago, IL
Price
$ 1,800,000
Property Attributes
  • MLS#11341358
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodPortage Park
  • Zip60630
  • StyleCondominium
  • Year Built1930
  • Taxes$ 17593
  • Price$ 1,800,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Parages Real Estate, Inc.
Data Source:
Midwest Real Estate Data (MRED)
Property Description

De-conversion of 8 condo units in fabulously rehabbed building. Great arm chair investment! building is fully tenant occupied and completely rehabbed about 12 years ago. New water, sewer, electric, and gas service lines installed. Building was stripped to the brick shell, steel support beams and porch structure installed, drain tiles installed, new concrete slabs poured, and 2" of concrete poured between floors for sound and fire proofing. High efficiency hvac units with central A/C in each unit. Finishes are high end, with cherry cabinetry throughout in kitchens and bathrooms, granite counter tops, 3-1/4" hardwood flooring throughout living areas, interior doors and trim are solid wood to give the building a vintage feel, stainless steel appliances, each unit has a stackable washer / dryer and power vent water heater. Many long term tenants. Units rent very quickly when needed, and are close to all major forms of transportation. Photos depict quality of all units. Initial showings will be of common areas and one unit. Full inspection of other units after executed contract. Please do not disturb tenants.

Price History
3/8/2022 Listed $1,800,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Brick
Cooling Central Air, Central Individual
County Cook
Current Use Condominium
Days on Market 87
Directions Milwaukee ave north of Montrose 1 block. East on Agatite to building
Electric Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
Electric Expense 480
Grossincome 12875
Insurance Expense 3963
MLS Area CHI - Portage Park
Net Operating Income 122128
Operatingexpense 14779
Possession Closing
Possible Use Multi-Family
Property Type Multi Family 5+
Property Type Commercial Sale
Roof Membrane
Standard Status Active
Status Active
Stories 4
Street Name Agatite
Tax Annual Amount 17593
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat, Hot Water
Total Units 8
Township Jefferson
Trash Expense 3036
Utilities Sanitary Sewer, Water-Municipal
Water Sewer Expense 5100
Year Built 1930

Interior Features

Street Suffix Avenue

Exterior Features

Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 48X65X41X21X66

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60630

Price
AVG $570K
$1.8M
Taxes
AVG $6,694
$17,593
Visits
AVG 22
58
Year Built
AVG 1924
1930
Walkscore
AVG 76
89
Data Provided by Walkscore ® not using MLS data