5001 W Grace Street
Chicago, IL 60641
- 10 beds
- 5 baths
- – sqft
- 3,720 sqft lot
- 1912 build
- – on site
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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!
Listing courtesy of MRED / Keller Williams Rlty Partners as distributed by MLS GRID
Last checked:
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Last updated May 30, 2024
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MLS# 11966487 —
The Building
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Year Built:1912
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Rebuilt:No
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New Construction:false
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Architectural Style:Traditional
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Roof:Flat
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Basement:Full
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Foundation Details:Concrete Perimeter
Interior
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Rooms Total:21
Location
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Directions:Irving Park Road to Lavergne at 5000W. South on Lavergne two blocks to the southwest corner of Lavergne and Grace.
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Location:8758
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Location:87808
The Property
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Parcel Number:13212170180000
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Property Type:Residential Income
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Lot Features:Corner Lot
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Lot Size Dimensions:30 X 124
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Lot Size Source:County Records
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 230-6997
- Office phone:
- (847) 685-8300
Taxes
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Tax Year:2021
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Tax Annual Amount:11066
Beds
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Bedrooms Total:10
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Bedrooms Possible:10
Baths
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Baths:5
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Full Baths:5
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
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Buyer's Brokerage Compensation Type:% of Net Sale Price
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Buyer's Brokerage Compensation:2.5% - $395
Heating & Cooling
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Heating:Natural Gas, Steam, Sep Heating Systems - 2+, Indv Controls
Utilities
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Sewer:Public Sewer, Sewer-Storm
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/17/24
May 17, 2024
|
Sold | MRED | $825,000 | 5.9% |
2/1/24
Feb 1, 2024
|
Sold Subject To Contingencies | MRED | $779,000 | |
1/26/24
Jan 26, 2024
|
Listed / Active | MRED | $779,000 |