5511 West School Street

Chicago, IL 60641

$635,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Investment Opportunity in Belmont Cragin! This well maintained three-unit multifamily property with a coach house is a gem in Belmont Cragin. Each unit in the main building features spacious layouts, hardwood floors, and updated finishes, offering a bright, inviting space for tenants. The charming coach house provides added privacy and flexibility, ideal for an owner-occupant or additional rental income. Located close to public transit, dining, and shopping, this property combines convenience...Prime Investment Opportunity in Belmont Cragin! This well maintained three-unit multifamily property with a coach house is a gem in Belmont Cragin. Each unit in the main building features spacious layouts, hardwood floors, and updated finishes, offering a bright, inviting space for tenants. The charming coach house provides added privacy and flexibility, ideal for an owner-occupant or additional rental income. Located close to public transit, dining, and shopping, this property combines convenience with solid investment potential. Don't miss the chance to own this income-generating asset in one of Chicago's most sought-after neighborhoods!
  1. Listed by Alex Oviedo • Realty of America, LLC

Property Details for 5511 West School Street

Area
CHI - Portage Park
Township
Jefferson
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Parking Included in Price
No
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 11/12/2024 12:07 AM

Property Details for 5511 West School Street

StatusActive
MLS #12204801
Days on Market9
Taxes$6,494 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1922
Lot Size0.09 AC / 3,750 SF
CountyCook County

Building Information for 5511 West School Street

Stories-Residences3Year Built1922Building Size-Lot Size0.09 AC / 3,750 SF

Property Information for 5511 West School 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: 17
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished, Exterior Access, Storage Space
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 30X125
  • Total # Units in Building: 3.0
  • Other Structures: Other, Second Residence
  • Waterfront: No
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus
  • North Coordinate: 3300
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5511
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Other
  • Public Document Count: 0
  • Photos Count: 43
  • OpenHouse Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M2M
Unit 2
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: M2M
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: M2M

Property History for 5511 West School Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5511 West School Street

Taxable ValueLand$9,375Additions$22,235Total$31,610
Tax Record2022$6,505 ($542 / month)
Home Facts
Beds4Baths1Total Finished SqFt574 SqFtAbove Grade Finished SqFt574 SqFtStories1Lot Size3,750 SqFtStyleSingle Family ResidenceYear Built1924CountyCOOKAPN13-21-323-013

Schools near 5511 West School Street

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

Foreman High School
Public9 to 12

Chicago Academy High School
Public9 to 12

Chicago Academy Elementary School
PublicPK to 8

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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Similar Sold Homes

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5511 West School Street is a multi-family home for sale in Chicago, IL 60641. This property was listed for sale on November 6, 2024 by Realty of America, LLC, it's currently listed at $635,000. It has been on the market for a total of 9 days and was last sold on May 14, 2018. This listing's school district is Chicago Public Schools. Nearby schools include Camras Elementary School, Foreman High School and Chicago Academy High School. 5511 West School Street is a 8-bed, 4-bath, multi-family home built in 1922.

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 Realty of America, LLC

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 11/12/2024 12:07 AM. 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.