5537 W 63rd Place, Chicago, IL 60638
5537 W 63rd Place, Chicago, IL 60638
5537 W 63rd Place, Chicago, IL 60638
5537 W 63rd Place, Chicago, IL 60638
5537 W 63rd Place, Chicago, IL 60638
5537 W 63rd Place, Chicago, IL 60638
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Listed by Margo Nancy Carrasquilloof Property Services Network
$ 449,900
Est. payment | /mo

5 Beds


Save
$ 449,900
Est. payment | /mo
Save

5 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12618780

Bedrooms 5

Year Built 1911

Annual Tax Amount $6,861

Tax Year 2024

Lot Dimensions .025 ACRE

Property Sub-Type Two to Four Units

Property Description

Solid brick two-flat building with excellent income potential, including a possible third unit in the basement. The first-floor unit has been recently rehabbed and features an in-unit washer and dryer. Current tenants are on a month-to-month lease. The second-floor unit offers three bedrooms and has been occupied by long-term tenants for over 15 years. They are currently on a month-to-month lease and in the process of moving out. This unit will require updates, presenting a great value-add opportunity. Being sold as-is. The basement was previously rented as a one-bedroom unit generating $1,200/month and includes a front-loading washer and dryer. Basement flooring is all ceramic tiles. Please note, the basement has experienced flooding and backup during periods of heavy rain, an issue that has impacted the surrounding block. Ideal for investors or owner-occupants looking to add value and maximize rental income.

Location

State IL

County Cook

Rooms

Basement Unfinished, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW

Nearby Locations

Vadie Reese

+1(312) 560-0208

vadie@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616

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