5402 W MELROSE ST, Chicago, IL 60641 - MLS#12201366

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$1,595,995

Est. payment - /mo

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12201366

Maintenance Fees $1,200

Year Built 1929

Annual Tax Amount $19,774

Tax Year 2023

Lot Dimensions 105 X 125

Property Sub-Type Multi Family 5+

Property Description

PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF THE BELMONT-CRAGIN NEIGHBORHOOD THIS PROMINENT YELLOW BRICK CORNER BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF FOUR (4) 2BD/1BA AND EIGHT (8) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY, A BACK COURTYARD AND A 2-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE THE RESIDENTS ARE RESPONSIBLE FOR THEIR COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO'S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: -OVERSIZED RESIDENT STORAGE UNITS - BUILDING OWNED LAUNDRY FACILITY - (2) CAR DETACHED PARKING GARAGE

Location

State IL

County Cook

Area Chi - Portage Park

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Read Less Info

Listed by Jamison Klassman • Revive Real Estate LLC

Get More Information

Garrett Johnson

+1(847) 337-1157

Agent | License ID: 475.188206

Agent License ID: 475.188206

5402 W MELROSE ST Chicago, IL 60641

Garrett Johnson

Key Details

Location

Interior

Building

Get More Information

Quick Search