Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
14 Properties Within 0.5 miles of: 5024 W Patterson, Chicago
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5024 W Patterson
Chicago, IL 60641

  • 8 Beds
  • 4 / 1 Baths
  • Built In 1910
Price

$535,000

Est Payment
$3,125 / month (details)  
Taxes
$2,017  
Beds
8  
Baths
4 / 1  
Rooms
18  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
43 X 125  
Built
1910  
Neighborhood
Portage Park  
MLS
#10340876
Status
Sold (10/11/2019)

Property Description

Large certified 4 flat in Portage Park on oversized 43x125 lot. Current tenants with all leases through 2020, 3 of 4 tenants are long term. Total monthly rental income $4350 with additional income from laundry, 2 sets of washers and dryers. All the units are well maintained with potential for improvements and improved income. Potential to convert the backyard into parking spaces for even more income ask listing agent for details. Improvements over the last two years include all new exterior doors, new laundry machines, new hot water tanks, spot tuck pointing and new owners locker in the basement. Great block and outstanding investment opportunity.

Property Map

Property Details

Utilities

  • Heating Gas, Oil, Forced Air, Hot Water/Steam
  • Cooling
  • Water Lake Michigan
  • Sewer Sewer-Public

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-11-2019 Listed at $550,000
04-11-2019 Price increased by $25,000 to $550,000
07-26-2019 Status changed to Under Contract
10-15-2019 Status changed to Closed
10-11-2019 Sold at $535,000
Last Modified 10/15/19 9:30 AM

Nearby Transportation

  • Bus 152 0.1 mi
  • Bus 54 0.3 mi
  • Bus 80 0.4 mi
  • Bus 56 0.5 mi
  • Bus 54A 0.5 mi
  • Bus 77 0.6 mi
  • Bus 85 0.7 mi
  • Bus 78 0.9 mi
  • Bus 76 1.1 mi
  • Bus 91 1.2 mi
  • Milwaukee North 0.7 mi
  • Blue Line 1.1 mi
  • I 90 East 1.0 mi
  • I 94 East 1.0 mi
  • I 94 West 1.2 mi
  • I 90 West 1.2 mi
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