5800 South Bishop Street

Chicago, IL 60636

$580,000
Price
13
Beds
4
Baths
3,700 Sq. Ft.
$157 / Sq. Ft.
3,700
Sq. Ft.
$157
per Sq. Ft.

Description

Beautiful turnkey 4 unit corner building. Property was recently renovated and is currently stabilized with 4 tenants.! Turnkey, nothing to do here, all of the heavy lifting has been done. This is a Large corner building, legal 4 unit located in Englewood. Excellent unit mix with 3 x 3 bedrooms and 1 x 4 bedroom. All separate utilities, tenants pay their own utility bills. Newly built parapet walls and updated masonry, Brand new electric hot water tanks, All Individual furnaces in place. Updated Laundry...Beautiful turnkey 4 unit corner building. Property was recently renovated and is currently stabilized with 4 tenants.! Turnkey, nothing to do here, all of the heavy lifting has been done. This is a Large corner building, legal 4 unit located in Englewood. Excellent unit mix with 3 x 3 bedrooms and 1 x 4 bedroom. All separate utilities, tenants pay their own utility bills. Newly built parapet walls and updated masonry, Brand new electric hot water tanks, All Individual furnaces in place. Updated Laundry room in basement. 2 newly renovated hallways with all new lighting, paint, and carpeting. 4 brand new kitchens with all new cabinets, handles, marble backsplash, Quartz countertops, stainless steel appliances. Gut renovated bathrooms includes updated plumbing, shower walls & floors, vanity, medicine cabinet, accessory kits, and lighting. Building has copper water pipes throughout, no old plumbing. New hardwood flooring. Roof is in excellent condition. It is a flat rubber roof that has been updated in 2023. All new lighting throughout the building. FHA buyers are welcome. This can be a great investment property with its strong rent roll currently in place OR primary residence with the other 3 units paying the mortgage payment for you
  1. Listed by Anthony Golob • Halsted Taylor Real Estate

Property Details for 5800 South Bishop Street

Area
CHI - West Englewood
Township
Hyde Park
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
Natural Gas

Location

Listing Courtesy of Halsted Taylor Real Estate
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LISTING UPDATED: 11/13/2023 12:07 AM

Property Details for 5800 South Bishop Street

StatusActive
MLS #11926147
Days on Market336
Taxes$1,752 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1914
Lot Size0.25 AC / 10,890 SF
CountyCook County

Location

Listing Courtesy of Halsted Taylor Real Estate
Add your commute

Building Information for 5800 South Bishop Street

Stories-Residences4Year Built1914Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,311 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,165

Property Taxes

$146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5800 South Bishop Street

General Information
School Information
  • Elementary School District: 130
  • High School District: 130
  • Middle Or Junior School District: 130
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 13
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: LESS THAN .25ACRE
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 5800
  • East Coordinate: 0
  • West Coordinate: 1439
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 28
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $804.00
  • Fuel Expense: $540.00
  • Gross Income: $66,000.00
  • Insurance Expense: $4,200.00
  • Maintenance Expense: $1,500.00
  • Manager Expense: $3,348.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Manager Expense Source: BP
  • Other Addl Income: Coin Laundry
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Trash Expense Year: 2023
  • Water Expense Source: Broker Projection
  • Net Operating Income: $47,496.00
  • Professional Management Expense: $1,380.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,800.00
  • Other Expenses $: 2100
Unit 1
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 03/24
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/24
Unit 3
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/24
Unit 4
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 05/24

Property History for 5800 South Bishop Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5800 South Bishop Street

Taxable ValueLand$2,031Additions$8,788Total$10,819
Tax Record2022$1,522 ($127 / month)
Home Facts
Baths4Total Finished SqFt4,126 SqFtAbove Grade Finished SqFt4,126 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1912CountyCOOKAPN20-17-126-012

Schools near 5800 South Bishop Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Langford A Elementary School
PublicPK to 8

CICS Basil
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.

Similar Homes

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5800 South Bishop Street is a multi-family home for sale in Chicago, IL 60636. This property was listed for sale on November 7, 2023 by Halsted Taylor Real Estate, it's currently listed at $580,000. It has been on the market for a total of 336 days and was last sold on December 22, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Langford A Elementary School, Lindblom Math & Science Academy High School and CICS Basil. 5800 South Bishop Street is a 13-bed, 4-bath, 3,700 sqft multi-family home built in 1914.

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 Halsted Taylor Real Estate

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. Based on information submitted to the MLS GRID as of 11/13/2023 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.