Chicago, IL 60644,5260 W Adams ST
Chicago, IL 60644,5260 W Adams ST
Chicago, IL 60644,5260 W Adams ST
Chicago, IL 60644,5260 W Adams ST
Chicago, IL 60644,5260 W Adams ST
Chicago, IL 60644,5260 W Adams ST
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$ 720,000
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$ 720,000
Est. payment | /mo
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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

Midwest Real Estate Data (MRED) IDX
Listed by Tamara Verdin • Prello Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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5260 W Adams ST