Well-kept 6 Units Multi- Family building in Belmont Cragin area. All six apartments are above the grade/ground (no basement units) on 1st and 2nd Floor And full unfinished open basement ready for ideas. There are Four larger 1 Bedrm units with formal Living Rm & separate Dining Rm w/ closets (other similar buildings have converted into 2 bedrm units) and Two units a bit smaller. Original hardwood floors and nice woodwork throughout the whole building. Recent improvements per the owner: New furnace (2024). All windows (Appx. 2012). Roof was replaced ( Appx. 2007) and maintained with silver coating. Full unfinished open space basement with mechanical room, laundry room - newer washer and dryer recently installed, plenty of storage spaces for all tenants. Tenants pay for their own electricity bill and cooking gas costs. Current rents ranging from $ 1,100 - 1,290. Some leases expire in 2025 and a few till 2026. Few units are still occupied by longer term tenants and right away with upside income potential***
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For more information about 5400-08 W George, Chicago, IL 60641 contact Corcoran Urban Real Estate.
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