Homes for sale - 853 W 53rd ST, Chicago, IL 60609

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Sanjay Marathe

sanjaym@kw.com +1(630) 915-2970

$ 429,900

Est. payment | -/mo

8 Beds

Save

$ 429,900

Est. payment | -/mo

Save

8 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12179376

Bedrooms 8

Year Built 1895

Annual Tax Amount $3,808

Tax Year 2023

Lot Dimensions 3480

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!

Location

State IL

County Cook

Area Chi - New City

Rooms

Basement Full

Interior

Heating Radiant

Equipment Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.5

Waterfront false

Roof Type Asphalt,Flat

Building

Lot Description Corner Lot, Fenced Yard

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Sherman Elementary School

High Schools Tilden Career Communty Academy S

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Hugo Sandoval • Realty of Chicago LLC

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Sanjay Marathe

REALTOR® | Lic# 475168373

sanjaym@kw.com

+1(630) 915-2970

608 S Washington St. Suite100, Naperville, IL, 60540

853 W 53rd ST Chicago, IL 60609

Sanjay Marathe

Sanjay Marathe

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

853 W 53rd ST