5260 West Adams Street
5260 West Adams Street
$735,000
22
7
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—
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Description
Rent Roll Available in Additional Info Rent amount is great now, but can be higher (CHA allows landlords to apply for higher rent). Come check out this Investor-friendly multi-family unit building with 7 units for sale. 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. Current occupancy rate of 100% of the capacity making it a secure investment of your hard earned money. Each unit has its own water...Rent Roll Available in Additional Info Rent amount is great now, but can be higher (CHA allows landlords to apply for higher rent). Come check out this Investor-friendly multi-family unit building with 7 units for sale. 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. Current occupancy rate of 100% of the capacity making it a secure investment of your hard earned money. Each unit has its own water heater and furnace, all up to date and 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 - $9651 NET operating income: $4700/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, freshly painted and move-in ready. One apartment in original condition because tenants have been living there for 20+ years. The roof of both the building and the garage have also been restored in August, 2023 (before and after photos available upon request).
- Listed by Zhulieta Pancheva • Core Realty & Investments Inc.
Property Details for 5260 West Adams Street
Area
CHI - Austin
Location
LISTING UPDATED: 05/01/2024 01:14 PM
Property Details for 5260 West Adams Street
Status | Active |
---|---|
MLS # | 12023061 |
Days on Market | 24 |
Taxes | $11,106 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Other |
Year Built | 1917 |
Lot Size | 0.14 AC / 6,200 SF |
County | Cook County |
Location
Building Information for 5260 West Adams Street
Stories-Residences7Year Built1917Building Size-Lot Size0.14 AC / 6,200 SF
Payment Calculator
$4,937 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5260 West Adams Street
Property History for 5260 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 5260 West Adams Street
Taxable ValueLand$8,060Additions$19,941Total$28,001
Tax Record2018$5,531 ($461 / month)
Home Facts
Baths6Total Finished SqFt8,790 SqFtAbove Grade Finished SqFt8,790 SqFtStories3Lot Size6,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1916CountyCOOKAPN16161050170000
Schools near 5260 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 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Depriest Elementary School PublicPK to 8 | ||
Austin College and Career Acad High School Public9 to 12 | ||
Clark Academy Prep Magnet High School Public9 to 12 | ||
Catalyst Circle Rock Elementary School CharterK to 8 |
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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