853 West 53rd Street
$429,900
8
3
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Description
Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but...Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from 1,200 to 1,500, and the entire building can generate up to 3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! Motivated seller!
- Listed by Hugo Sandoval • Realty of Chicago LLC
- Listed by Jessica Ruiz • Realty of Chicago LLC
Property Details for 853 West 53rd Street
Area
CHI - New City
TownshipSouth Chicago
OwnershipFee Simple
Num Of Garage Spaces2.5
Num Of Parking Spaces2.5
Heat/FuelRadiant
LISTING UPDATED: 10/08/2024 12:07 AM
Property Details for 853 West 53rd Street
Status | Active |
---|---|
MLS # | 12179376 |
Days on Market | 133 |
Taxes | $3,808 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1895 |
Lot Size | 0.08 AC / 3,480 SF |
County | Cook County |
Building Information for 853 West 53rd Street
Stories-Residences3Year Built1895Building Size-Lot Size0.08 AC / 3,480 SF
Property Information for 853 West 53rd Street
Property History for 853 West 53rd Street
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.
Schools near 853 West 53rd Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Sherman School of Excellence PublicPK to 8 | ||
Tilden Career Communty Academy High School Public9 to 12 | ||
KIPP Bloom Charter Elementary School CharterK to 8 | ||
Peace And Education Coalition High School Public10 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.
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