Chicago, IL 60638 5325 W 53rd Place
$584,999



20 more





















Presented By: K C Homes Realty
Home Details
Discover the perfect investment opportunity in a highly sought-after neighborhood, just a short stroll from Midway Airport and conveniently located minutes from major expressways. This stunning 2-flat has been meticulously maintained and updated, making it a true gem. Imagine the possibilities with the second-floor unit, which is currently responsible for its heat and electricity, along with a related living unit in the basement that boasts two separate entrances. With updated electrical systems, you can move in with peace of mind. The top-of-the-line appliances are less than four years old, accompanied by modern countertops that elevate the aesthetic. Enjoy the warmth of radiant heat from both boilers, which have undergone thorough cleaning and servicing as of December 2024, including a newly installed gas valve for the first-floor unit. The property also includes convenient coin-operated laundry facilities and an impressive 2.5-car garage, equipped with electricity alongside generous storage in the rafters. This garage not only offers year-round utility but can also be rented out, adding another stream of income to your investment. Whether you're looking to supplement your income or fully embrace the potential of a rental property, this 2-flat presents an incredible opportunity. The first-floor unit mirrors the layout of the second, ensuring consistent appeal for potential renters. Plus, all electrical boxes and outlets have been meticulously replaced as of December 2024, ensuring everything is in prime condition. With central air conditioning in the owner's and window air conditioners in the other units, comfort is ensured all year round. Don't miss your chance to own this beautifully maintained and versatile property! The related living unit is in the basement with two entrances. Both boilers provide radiant heat and have been cleaned and serviced as of December 2024, with the first-floor boiler equipped with a new gas valve. The property also includes coin-operated laundry facilities. This unit can serve as an income supplement for you or can be utilized as a total income-building opportunity. Everything is in proper working order. Contract must state as is.
Presented By: K C Homes Realty
Interior Features for 5325 W 53rd Place
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
BathroomAccessible Shower, Soaking Tub
Full Baths Building3
Half Baths Building1
Total Baths4
Other Interior Features
BasementFinished, Sub-Basement, Full
Total Number of Units2
Other Rooms
Room TypeKitchen, Den
General for 5325 W 53rd Place
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsARCHER AVENUE TO LOREL - SOUTH TO 53RD PLACE, EAST TO PROPERTY. HAS A SIDE DRIVE.
Electric Expense1841
Elementary School District299
Fuel Expense2089
Garage Spaces2.5
Gross Income
HeatingNatural Gas, Electric
High School District299
MLS AreaCHI - Garfield Ridge
Middle/Junior School District299
ModificationTimestamp2025-07-23T12:38:01.623Z
Net Operating Income
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount4133
Tax Year2023
Total Rooms16
TownshipLake
Water Sewer Expense2868
Year Built1967
ZoningMULTI
Exterior for 5325 W 53rd Place
Foundation DetailsConcrete Perimeter
Lot Dimensions37.5X132.5X37.5X132.5
Model2FLAT PLUS RELATED LIVING
Other EquipmentCeiling Fan(s), Sump Pump, Multiple Water Heaters, Water Heater-Gas
Parking FeaturesGarage Door Opener, Heated Garage, On Site, Garage Owned, Detached, Off Street, Driveway, Owned, Garage
Total Parking7.5
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
