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853 W 53rd Street

Chicago, IL 60609
  • $429,900
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 12179376
$429,900
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:
Area:

School Information

Elementary School:
School District:
299

Description

Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from 1,200 to 1,500, and the entire building can generate up to 3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! MOTIVATED SELLER!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-11-03T23:58:34.7 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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853 W 53rd Street Chicago, IL 60609

  • Price: $429,900
  • Status: Active
  • On Site: 32 Days
  • MLS #: 12179376
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1895
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Elementary School:
Sherman Elementary School
High School:
Tilden Career Communty Academy S
School District:
299
Property Description
Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from 1,200 to 1,500, and the entire building can generate up to 3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! MOTIVATED SELLER!
Exterior Features

Exterior Building Type Vinyl SidingBrick Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Features Corner LotFenced Yard Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Garage Parking Total 2.5 Roof AsphaltFlat Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 3 Half Baths In Building 0 Heating Radiant Room Type Enclosed Porch Rooms Total 17

Property Features

Additional Parcels YN Yes Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Mls Actual Status Active New Construction YN No Other Equipment Ceiling Fan(s)Multiple Water HeatersWater Heater-Gas Ownership Fee Simple Rebuilt YN No Rehab Year 2016 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3808.01 Tax Year 2023 Total Numberof Unitsin Building 3 Township South Chicago Type Two to Four Units Water Source Public

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty of Chicago LLC: 773-344-0208.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-11-03T23:58:34.7 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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350 Sundown Rd.
South Elgin IL, 60177