5650 West Diversey Avenue
$739,000
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Description
Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual...Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual hot water heaters. The roof was updated in 2015. The current rent is WELL BELOW market value and are all month to month. (With the market value, the Total Annual Income before expenses should be around $90,000 off rent alone). Additional income from coin laundry. Explore the possibilities of being a Chicago commercial property owner.
- Listed by Nicholas Shabat • 773 Realty LTD
Property Details for 5650 West Diversey Avenue
Area
CHI - Belmont Cragin
ZoningCOMMR
LISTING UPDATED: 11/05/2024 12:07 AM
Property Details for 5650 West Diversey Avenue
Status | Active |
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MLS # | 12036088 |
Days on Market | 211 |
Taxes | $7,320 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1930 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Building Information for 5650 West Diversey Avenue
Stories3Residences6Year Built1930Lot Size0.07 AC / 3,125 SF
Property Information for 5650 West Diversey Avenue
Property History for 5650 West Diversey Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5650 West Diversey Avenue
Taxable ValueLand$7,818Additions$31,187Total$39,005
Tax Record2022$7,319 ($610 / month)
Home Facts
Baths6.5Total Finished SqFt3,782 SqFtAbove Grade Finished SqFt3,782 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1932CountyCOOKAPN13-29-230-030
Schools near 5650 West Diversey Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
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Schubert Elementary School PublicPK to 5 | ||
Northwest Middle School Public6 to 8 | ||
Steinmetz Academic Centre High School Public9 to 12 | ||
CICS West Belden CharterK 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.
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