5121 W Agatite Avenue

Chicago, Illinois 60630

Steven Greenberg

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Square Footage
Steven Greenberg
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Property Type
Multiple Family
Portage Park

Excellent opportunity for an investor to acquire a 100% occupied, 7-unit, brick building with many updates and upside in rents in Portage Park Neighborhood of Chicago. The property has been recently rezoned to RM-4.5, which creates an ideal opportunity for a developer to build extra floors and design new layouts, including duplex down units on the first floor. The building comprises of 4 two-bedroom and 3 one-bedroom apartments and is situated on a over-sized lot that is approx. 5,013 square feet. Four out of seven apartments have been fully updated featuring newer cabinets, bathrooms, appliances, fresh paint and flooring. The property is very well maintained and has a solid brick structure, newer windows, new roof, tuckpointing, carpeted hallways and stairs, and laundry in the unfinished partial basement. There is a three car garage rented for extra income. Each unit is separately metered and has an individual furnace. Tenants are responsible for utilities. Property is sold "as-is".

Full Features
Exterior Type: Brick
Basement: Partially Finished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 5,769
Tax Amount: $9,938
Built: 1924
Parking Spaces: 3
Cooling System: None
Stories: 2
Roof: Rubber
Current Use: Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 5,769
Current Net Income: $53,988
Unit 1: 6 room(s) / 2 bed(s) / 1 bath(s)
Unit 2: 4 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $9,938

Listing Office: Dobreva Commercial Inc

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Portage Park

Located on the northwest side of Chicago, Portage Park is one of the 77 designated community areas that make up the city of Chicago. Bordered by Jefferson Park, Forest Glen, Irving Park, Dunning and Harwood Heights, Portage Park is rapidly…

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Nearby Public Transportation

CTA Rail

at Montrose (0.64 miles away)

Milwaukee District North, Union Pacific Northwest

at Mayfair Metra (0.52 miles away), Jefferson Park Metra

5121 W Agatite Avenue Chicago, Illinois 60630 is a multiple family property, currently listed at $849,000. Want to learn more about 5121 W Agatite Avenue Chicago, Illinois 60630? Contact an @properties agent to request more info.

© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.