509 West 28th Street

Chicago, IL 60616

$1,030,000
Price
16
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Step into the world of opportunity with this charming multi-family property in Bridgeport, this is an ideal haven for savvy investors and thoughtful dwellers alike! This unique offering is loaded with potential, featuring five legal units, including a non-conforming garden level apartment that's just waiting for a creative touch. The property is comprised of a main 3 story all-brick building 3 units, and a rear coach house featuring an additional 2 units. The property is fully leased and generating...Step into the world of opportunity with this charming multi-family property in Bridgeport, this is an ideal haven for savvy investors and thoughtful dwellers alike! This unique offering is loaded with potential, featuring five legal units, including a non-conforming garden level apartment that's just waiting for a creative touch. The property is comprised of a main 3 story all-brick building 3 units, and a rear coach house featuring an additional 2 units. The property is fully leased and generating over $80k in gross annual rental income. All units have central air and heat. Healy elementary school district, Mark Sheridan Academy is footsteps away. Great location, well maintained and a cash generating machine with so much upside potential. Don't miss this opportunity. In good condition but sold AS-IS. Please call or text LA for an appointment.
  1. Listed by Yingfang Xu • Berkshire Hathaway HomeServices American Heritage

Property Details for 509 West 28th Street

Area
CHI - Bridgeport
Township
South Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Forced Air
Zoning
MULTI
LISTING UPDATED: 10/19/2024 06:37 PM

Property Details for 509 West 28th Street

StatusActive
MLS #12097857
Days on Market207
Taxes$13,781 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Story Unit/S
Year Built1895
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building Information for 509 West 28th Street

Stories-Residences4Year Built1895Building Size-Lot Size0.07 AC / 3,125 SF

Property Information for 509 West 28th Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 31
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 16
  • Basement Description: Finished
  • Basement Bathrooms: No
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 2800
  • East Coordinate: 0
  • West Coordinate: 509
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-07-03T20:38:30
  • Photos Count: 12
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MO
Unit 2
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MO
Unit 3
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MO
Unit 4
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: MO

Property History for 509 West 28th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 509 West 28th Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Healy Elementary School
PublicPK to 8

McKinley Academy at Lakeside
Charter9 to 12

Graham R Training Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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509 West 28th Street is a multi-family home for sale in Chicago, IL 60616. This property was listed for sale on July 3, 2024 by Berkshire Hathaway HomeServices American Heritage, it's currently listed at $1,030,000. This listing's school district is Chicago Public Schools. Nearby schools include Healy Elementary School, McKinley Academy at Lakeside and Sheridan Elementary Math & Science Academy. 509 West 28th Street is a 16-bed, 6-bath, multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices American Heritage

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/19/2024 06:37 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.