4919 West Adams Street
4919 West Adams Street
$630,000
18
12
—
—
—
Closed 9/19/23
Description
Welcome to 4919 W. Adams St., a fantastic opportunity for savvy investors looking to add a profitable asset to their portfolio. This remarkable 6-unit brick building, occupied with CHA tenants, offers an exceptional investment in a prime location. Each of the six units boasts an impressive layout featuring 3 bedrooms and 2 bathrooms, providing ample space for residents to enjoy. The entire building has undergone a meticulous gut rehab, carried out with approved plans and permits, ensuring top-notch...Welcome to 4919 W. Adams St., a fantastic opportunity for savvy investors looking to add a profitable asset to their portfolio. This remarkable 6-unit brick building, occupied with CHA tenants, offers an exceptional investment in a prime location. Each of the six units boasts an impressive layout featuring 3 bedrooms and 2 bathrooms, providing ample space for residents to enjoy. The entire building has undergone a meticulous gut rehab, carried out with approved plans and permits, ensuring top-notch quality and compliance with regulations. One of the standout features of this property is that all units have separate utilities and gas forced air, promoting convenience and efficiency for both the tenants and the owner. This thoughtful design allows for seamless management and easy maintenance. Speaking of management, the existing property management team is ready to support the new buyer, offering their expertise to oversee the day-to-day operations of the building. This commitment ensures a smooth transition process, allowing you to focus on maximizing your investment. Not only is this property well-managed, but it also benefits from low real estate taxes, contributing to its impressive potential for long-term profitability. With a cap rate of 11%, this investment property offers an attractive return on investment, making it an excellent addition to any portfolio. Situated on a desirable block in a great location, this building is surrounded by amenities, including shopping, dining, parks, and more. Its prime position ensures strong demand from tenants, further solidifying its investment value. Don't miss out on this incredible opportunity to acquire an occupied 6-unit brick building with CHA tenants, complete with a gut rehab, separate utilities, an experienced property management team, and low real estate taxes. With its exceptional cap rate of 11%, this property is a must-see for astute investors. Schedule your private showing today and secure your future in real estate.
- Listed by Sagar Shah • YBRS Realty Inc.
Sold By McSully Properties LLC
Property Details for 4919 West Adams Street
Area
CHI - Austin
TownshipWest Chicago
Num Of Parking Spaces4.0
Location
LISTING UPDATED: 09/20/2023 10:58 AM
Property Details for 4919 West Adams Street
Status | Closed |
---|---|
MLS # | 11788717 |
Days on Market | 121 |
Taxes | $3,778 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1926 |
Lot Size | 0.17 AC / 7,500 SF |
County | Cook County |
Location
Building Information for 4919 West Adams Street
Stories-Residences6Year Built1926Building Size-Lot Size0.17 AC / 7,500 SF
Payment Calculator
$3,753 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4919 West Adams Street
Property History for 4919 West Adams Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4919 West Adams Street
Taxable ValueLand$4,848Additions$22,182Total$27,030
Tax Record2018$5,339 ($445 / month)
Home Facts
Baths12Total Finished SqFt8,796 SqFtAbove Grade Finished SqFt8,796 SqFtStories3Lot Size5,704 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN16162080050000
Schools near 4919 West Adams Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 11 |
Rating | School | Distance |
---|---|---|
Spencer Technology Acad Elementary School PublicPK to 8 | ||
Manley Career Academy High School Public9 to 12 | ||
Clark Academy Prep Magnet High School Public9 to 12 | ||
Bridgescape Academy North Lawndal Public9 to 11 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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