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5001 W Grace Street
Chicago IL 60641 US

$779,000

Active Under Contract Listing ID 11966487
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10 bed
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Other

$779,000

Active Under Contract Listing ID 11966487
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5001 W Grace Street Ideal Portage Park 4 Flat brick investment property features four renovated two bedroom units. Tenants pay all their own utilities as there are separate boilers to heat each unit. Plus, as a bonus, there's a grandfathered first floor unit, not yet renovated, with long-term (7+ years) tenants paying $950. New Windows, New Baths, New Kitchens - including cabinets, granite counters and Stainless Steel Appliances! All the light fixtures and ceiling fans are new, and the hardwood floors throughout have been refinished. Great location too! Sutherlands, Tata's Tacos, Culvers and Binny's Beverage Depot are just two blocks away on Irving Park Road, and Portage Park itself with all it has to offer (endless green space, dog park, tennis courts, Farmer's Market, swimming pool, etc.) is just a short six block walk. Tenants can dine at additional restaurants on Irving Park Rd. or Milwaukee Ave very close by. They will really enjoy this neighborhood! One unit just vacated as the tenants bought their first home, so that unit is easy to show, and available for an owner-occupant if needed. Incredibly bright second/top floor home! Otherwise, it can be leased for $1, 400-$1, 500 in today's market! Sit back and collect $72, 300 annually, and watch it grow to $84, 000 or more as tenants turn over!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Corner Lot
  • Roof Type: Flat
  • Heating Fuels: Steam

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 779000
  • unparsedaddress: 5001 W Grace Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60641
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingareaunits: Square Feet
  • latitude: 41.949446
  • longitude: -87.752301
  • listagentfullname: Thomas Brandt
  • listagentemail: tom@tombrandt.com
  • listagentkey: 3yd-MREDIL-115970
  • listagentmlsid: 115970
  • listagentpreferredphone: 7732306997
  • listagentofficephone: 8476858300
  • listofficekey: 3yd-MREDIL-18499
  • listofficemlsid: 18499
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1912
  • listingcontractdate: 2024-01-26
  • listagenturl: http://www.kwhomefinder.com
  • countyorparish: Cook
  • parcelnumber: 13212170180000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: None
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Corner Lot
  • architecturalstyle: New Traditional
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.752301, 41.949446
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11966487/?channel=rexren", "LeadRoutingEmail":"tom@tombrandt.com", "BrokerName":"Realty Partners, LLC", "ListingTitle":"Residential Income, Traditional - Chicago, IL", "ListOfficeBrokerMlsId":"86379", "ListOfficeEmail":"joe@themarellas.com", "ListOfficeAddress1":"700 Busse Hwy", "ListOfficeAddress2":null, "ListOfficeCity":"Park Ridge", "ListOfficePostalCode":"60068", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Realty Partners, LLC", "ListBrokeragePhone":"(847) 692-5889", "ListBrokerageEmail":"joe@themarellas.com", "ListBrokerageWebsiteUrl":"http://www.kwhomefinder.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/c5ababf0232e6b1101232e70e10d0008/20090819105156855.jpeg", "ListBrokerageUnparsedAddress":"700 Busse Highway", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Park Ridge", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"60068", "ListBrokerageCountry":"US", "RoomCount":21, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-02-01T11:56:03Z", "Neighborhoods":[{"Name":"CHI - Portage Park", "Description":null}], "Taxes":[{"TaxYear":"2021", "TaxAnnualAmount":11066, "TaxDescription":null}]}
Listing Changed: 4/18/2024 7:44:05 PM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: Thomas Brandt, Keller Williams Rlty Partners, tom@tombrandt.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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