5047 Central Park Avenue

    Chicago, IL 60625
    • $2,395,000
    • STATUS: Active
    • ON SITE: 54 days
    • MLS #: 10494849
    UPDATED: 20 min ago
    $2,395,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Rarely available 12 unit apartment building located right along the river in Chicago! The property consists of 12 apartments which includes (2) 1 Bed/1 Bath Units, (8) 2 Bed/1 Bath Units and (2) 3 bed/1 Bath units. There are 6-8 parking spaces which can accommodate most of the renters vehicles. Building features include a laundry room on site as well as additional storage. Current owners have recently gut rehabbed most apartments and installed brand new modern kitchens and bathrooms. Additionally, the building features all new horizonal risers, half of the vertical risers replaced, new windows and sidewalks. This property is turn key and will be an excellent investment for any buyer.

    Monthly Payment Calculator



    © 2019 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 The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-10-17T08:51:04.013 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
    www.themattzgroup.com/homes/98247627

    5047 Central Park Avenue Chicago, IL 60625

    • Price: $2,395,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 10494849
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1923
    Built
    Neighborhood:
    Chi - North Park
    County:
    Cook
    Area:
    Chi - North Park
    Property Description
    Rarely available 12 unit apartment building located right along the river in Chicago! The property consists of 12 apartments which includes (2) 1 Bed/1 Bath Units, (8) 2 Bed/1 Bath Units and (2) 3 bed/1 Bath units. There are 6-8 parking spaces which can accommodate most of the renters vehicles. Building features include a laundry room on site as well as additional storage. Current owners have recently gut rehabbed most apartments and installed brand new modern kitchens and bathrooms. Additionally, the building features all new horizonal risers, half of the vertical risers replaced, new windows and sidewalks. This property is turn key and will be an excellent investment for any buyer.
    Exterior Features

    Construction Brick Land Amenities Curbs And GuttersLighting/ExteriorSidewalks Location Riverfront Lot Dimensions 58 X 125 X 148 X 154 Number Of Parking Spaces 8

    Interior Features

    Basement Description Partially Finished Miscellaneous Inside Storage InsideLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 3 Number Of Bedrooms Unit4 0 Number Of Dishwashers 12 Number Of Dryers 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 12 Number Of Refrigs 12 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 3 Number Of Rooms Unit2 4 Number Of Rooms Unit3 5 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 2 Number Of Units Apt Type2 8 Number Of Units Apt Type3 2 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 2 Outdoor Parking 6-12 Spaces Repairs Decor Expense 0

    Property Features

    Age New Rehab Built Before1978 YN Yes Electric Expense Source Combination Electricity Expense 1700 Exterior Building Type Brick Fuel Expense 13500 Fuel Expense Source Combination Gross Rental Income Amount 199500 Heat Ventilation Central Bldg HeatCentral Heat/Indiv ControlsRadiators Insurance Expense 5300 Insurance Expense Source Combination Janitor Expense 3000 Janitor Expense Source Combination Monthly Income Max1 1400 Monthly Income Max2 1400 Monthly Income Max3 1700 Net Oper Income Amount 17047 Other Expense Source Broker Projection Other Expenses 0 Possession Closing Potential Use CondominiumResidential-Multi-Family Sale Terms Trade/ExchangeCash Only Tax Year 2017 Taxes 11425 Tenant Pays Electric Total Annual Exp 24800 Total Annual Expense Source Combination Total Annual Income 206700 Total Monthly Income 17225 Township Jefferson Type Multi Family Courtyard Washer Dryer Lsd YN No Water Expense 1000 Water Expense Source Combination

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2019 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 The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-10-17T08:51:04.013 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
     
    The Mattz Mega Group | Keller Williams Preferred Realty
    16101 S 108th Avenue, 2nd Floor
    Orland Park IL, 60467