853 53rd Chicago, IL 60609, Chicago , 60609
Listing ID: MRD12139759
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$449,900
Price
8.00
Beds
3.00
Baths
Built: 1895
Parking: 3 Spot
Listed: 1 month ago
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Property Description

Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from $1,200 to $1,500, and the entire building can generate up to $3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! MOTIVATED SELLER!

Other located at 853 53rd Chicago, IL 60609. The property was built in 1895. 853 53rd Chicago, IL 60609 is in the CHI - New City neighborhood. CHI - Forest Glen , CHI - Avondale , and CHI - West Englewood are nearby neighbourhoods.
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Listed by: Realty of Chicago LLC Realty of Chicago LLC
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
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