Chicago, IL 60644 5027-29 W Washington Boulevard
$1,425,000



29 more





























Presented By: @properties Christie's International Real Estate
Home Details
CONDO STYLE 6 unit apartment building on a beautiful tree-lines street of Washington Boulevard. Complete GUT REHAB of 5 units consisting of 3 bedrooms. 1 unit in pristine original state, large 2 bedroom with full dining room in retro style but with ALL NEW MECHANICS. This One-of-a-Kind property sits on an extra wide and extra deep lot. 4 car brick garage with separate doors for each space. Large back yard! SEPARATE and INDIVIDUAL UTILITIES! Electrical panels in each unit. Super High efficiency furnaces and AC are "AQUA-THERM" systems with heat pump technology! Tenant's heating and AC bills will be a fraction of the average costs. Laundry hook-ups in each unit! Kitchens have Quartz counters, stainless steel appliances and solid maple cabinets for great durability. Gorgeous Hardwood floors throughout! High ceilings of 9' in all units. Large, open, double basement with high ceilings, large window openings and separate entrances & exits on each side of the building! This makes it perfect to add value with additional living space in this huge building. HIGH income and LOW expenses! Situated between Downtown Chicago and Oak Park for great shopping, restaurants and many more amenities. Close to expressway and all lines of transportation. Highly desirable property for Investors!
Presented By: @properties Christie's International Real Estate
Interior Features for 5027-29 W Washington Boulevard
Other Interior Features
BasementFinished, Partially Finished, Exterior Entry, Bath/Stubbed, Egress Window, 8 ft + pour, Concrete, Storage Space, Daylight
Total Fireplaces6
General for 5027-29 W Washington Boulevard
Additional Parcels Y/NNo
Cap Rate8.5
CityChicago
Construction MaterialsBrick, Concrete, Steel Siding, Stone
CoolingCentral Air
CountyCook
Current UseMulti-Family
DirectionsWashington Boulevard East of Laramie
ElectricSeparate Meters, Service - 0 to 100 Amps, Service - 101 to 200 Amps
Electric Expense900
Fuel Expense
Gross Income159600
Insurance Expense4500
Lot Size Square Feet7500
MLS AreaCHI - Austin
MaintenanceExpense1450
Net Operating Income76608
Number Of Units Total6
Operating Expense32832
Possible UseCondominium, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane, Rubber
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount3914
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water, All Utilities
TownshipWest Chicago
Trash Expense2400
Water Sewer Expense3200
Year Built1900
ZoningMULTI
Exterior for 5027-29 W Washington Boulevard
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Alley Access, Paved
Lot Dimensions50 X 150
Water SourceMunicipal Water
Additional Details
Price History
