5300 West Parker Avenue

Chicago, IL 60639

$1,299,990
Price
11
Beds
10
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Large corner L shape 10 Units Multi- Family building in rapidly appreciating Belmont Cragin. Above the ground has Eight (8) Units on 1st and 2nd floor that are all 1 Bedrm / 1 Bath Apartments with Living Room and formal Dining Room. Two (2) additional apartments (the listing broker does not represent or guarantee their legality) Garden Units in the basement have 2 Bedroom and 1 Bath. Apartments have its INDIVIDUAL FURNACE units as seen on photos and have also Central Air A/C. Tenants pay for their...Large corner L shape 10 Units Multi- Family building in rapidly appreciating Belmont Cragin. Above the ground has Eight (8) Units on 1st and 2nd floor that are all 1 Bedrm / 1 Bath Apartments with Living Room and formal Dining Room. Two (2) additional apartments (the listing broker does not represent or guarantee their legality) Garden Units in the basement have 2 Bedroom and 1 Bath. Apartments have its INDIVIDUAL FURNACE units as seen on photos and have also Central Air A/C. Tenants pay for their heat, gas and electric bill. A whole building has 10 separate gas meters and 11 separate electric boxes seen on photo. Based on the info from owner: Roof was fixed (not complete) in 2017 and well maintained. Newer windows (Approx. 2013). Hot water tank 100 Gal. (2014). And there are Two Additional rooms/spaces in the basement: one is unfinished space and the other is a mechanical/ storage area next to Coin laundry Rm w/ 2 washers and 2 dryers seen on photos with the meters. 3 car garage can yield EXTRA income. Most tenants on M/ M basis and a few on lease. Some lower rents due to stable long term tenants. Total Annual is: Rental income, parking plus coin laundry: $ 142,296 Currently garage spaces included in rents Sellers motivated Great and rare income producing investment property RENT ROLL in Add'l Info
  1. Listed by Jacek Piktel • Coldwell Banker Realty

Property Details for 5300 West Parker Avenue

Area
CHI - Belmont Cragin
Township
Jefferson
Zoning
MULTI

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/27/2024 04:38 PM

Property Details for 5300 West Parker Avenue

StatusActive
MLS #11924539
Days on Market176
Taxes$15,965 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1931
Lot Size0.17 AC / 7,500 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 5300 West Parker Avenue

Stories-Residences10Year Built1931Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$8,425 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$1,330

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5300 West Parker Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 3.0
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • # Of Washers: 2
  • Heat/Ventilation: Individual Furnaces
  • # Of Refrigerators: 10
  • Washer/Dryer Lsd: No
  • Misc Inside: Accessible Entrance
  • # Of Dryers: 2
  • # Of Dishwashers: 2
  • Num of Baths: 10.0
Exterior Features
  • Misc Outside: Courtyard
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 60 X 125
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Lot Size Source: Other
  • # Of Ranges: 10
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-04-10T20:38:17
  • Photos Count: 35
Miscellaneous
  • Current Use: Multi-Family
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $1,402.00
  • Fuel Expense: $2,268.00
  • Gross Income: $142,296.00
  • Gross Scheduled Income: $142,296.00
  • Insurance Expense: $2,500.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 11858
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Operating Expense: $26,089.00
  • Other Expense: $.00
  • Trash Expense: $1,122.00
  • Water Sewer Expense: $2,712.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 3
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 1

Property History for 5300 West Parker Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5300 West Parker Avenue

Taxable ValueLand$13,692Additions$65,703Total$79,395
Tax Record2022$16,330 ($1,361 / month)
Home Facts
Stories2Lot Size7,607 SqFtStyleMulti-Family Res (5+ Units)Year Built1931CountyCOOKAPN13-28-302-041

Schools near 5300 West Parker Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Schubert Elementary School
PublicPK to 5

Northwest Middle School
Public6 to 8

Foreman High School
Public9 to 12

CHRISTOPHER HOUSE CHRT ES
CharterPK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5300 West Parker Avenue is a multi-family home for sale in Chicago, IL 60639. This property was listed for sale on November 5, 2023 by Coldwell Banker Realty, it's currently listed at $1,299,990. It has been on the market for a total of 176 days and was last sold on November 10, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Schubert Elementary School, Northwest Middle School and Foreman High School. 5300 West Parker Avenue is a 11-bed, 10-bath, multi-family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.