8
See all 8 photos
$720,000
Est. payment /mo
Active Under Contract
5260 W Adams ST Chicago, IL 60644
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12340906
Maintenance Fees $6,179
Year Built 1917
Annual Tax Amount $11,106
Tax Year 2023
Lot Dimensions 50X125
Property Sub-Type Multi Family 5+
Property Description
Rent roll available upon request. Photos are from a unit that was vacant last year. The building consists of six spacious and bright 3 bed 1 bath units & one 4 bed 1 bath unit with generous living square footage and ample closet space. Each unit has its own water heater and furnace, all working well. The occupied units are with CHA tenants, except for one (non-CHA tenants have been living in the building for 20+ years) ensuring consistent cash flow every month. ***Gross income for 2024 - $9651/month, NET operating income: $3,000-$4,000/month!!!!*** This is a brick building on the outside with a detached 2-car garage and several remodeled units on the inside featuring recently restored and varnished hardwood floors in four of the units, life-proof, waterproof laminate flooring throughout the rest. One apartment in original condition because tenants have been living there for 20+ years, but bathroom was remodeled in November of 2024. The roof of both the building and the garage have also been restored in August, 2023.
Location
State IL
County Cook
Area Chi - Austin
Rooms
Basement Partially Finished
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by Tamara Verdin • Prello Realty