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$825,000
10
beds
5
baths

5001 W Grace Street
Chicago, Illinois 60641

Closed / MLS #11966487 / Multiple Unit (2-4) / Portage Park
Listing information updated 5/19/2024 at 10:23am
Ideal Portage Park 4 Flat brick investment property features four renovated two bedroom units. Tenants pay all their own utilities as there are separate boilers to heat each unit. Plus, as a bonus, there's a grandfathered first floor unit, not yet renovated, with long-term (7+ years) tenants paying $950. New Windows, New Baths, New Kitchens - including cabinets, granite counters and Stainless Steel Appliances! All the light fixtures and ceiling fans are new, and the hardwood floors throughout have been refinished. Great location too! Sutherlands, Tata's Tacos, Culvers and Binny's Beverage Depot are just two blocks away on Irving Park Road, and Portage Park itself with all it has to offer (endless green space, dog park, tennis courts, Farmer's Market, swimming pool, etc.) is just a short six block walk. Tenants can dine at additional restaurants on Irving Park Rd. or Milwaukee Ave very close by. They will really enjoy this neighborhood! One unit just vacated as the tenants bought their first home, so that unit is easy to show, and available for an owner-occupant if needed. Incredibly bright second/top floor home! Otherwise, it can be leased for $1,400-$1,500 in today's market! Sit back and collect $72,300 annually, and watch it grow to $84,000 or more as tenants turn over!
Architecture Style:
Traditional
Exterior Type:
Brick
Basement:
Unfinished,Exterior Access
Beds Above Grade:
10
Heating System:
Natural Gas, Steam, Sep Heating Systems - 2+, Indv Controls
Pool:
No
Age:
100+ Years
Roof Type:
Flat
Parking Type:
None
Room Count:
21
Water Front:
No
Square Feet:
N/A
Lot Size:
Oversized Chicago Lot
Tax Amount:
$11,066
Tax Year:
2021
Zip Code:
60641
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Keller Williams Rlty Partners

Listing Office Phone: 847.685.8300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/19/2024 at 10:23am. 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. Some listings have been excluded from this website.

Portage Park

Portage Park, IL

As the city’s streetcar line was extended in the early 20th century, residents discovered Portage Park, a small enclave on the city’s Northwest Side. The neighborhood was a breath of fresh air for residents escaping crowded city tenements. Today’s residents still enjoy the respite that the nei...

CTA

CTA
Blue line at Montrose

Metra

Metra
Milwaukee District North line at Grayland Metra
$466,217
Average Sale Price
43
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 5001 W Grace Street, Chicago, IL 60641
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5001 W Grace Street, Chicago, IL 60641 is a multiple unit (2-4) which sold for $825,000. 5001 W Grace Street features 10 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since January 26th, 2024 and was built in 1912. The nearest transit stops include Montrose CTA Blue line and Grayland Metra Metra Milwaukee District North line.

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