5248-50 W Adams ST new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60644
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12456717
Bedrooms 10
Year Built 1915
Annual Tax Amount $8,439
Tax Year 2023
Lot Dimensions 3100
Property Sub-Type Two to Four Units
Property Description
Fantastic investment opportunity! Cash flow immediately or live and build equity for FREE. This spacious 4-unit building on a double lot offers a mix of generous floor plans with two 3-bedroom/1-bath units on the top floor and two oversized 2-bedroom/1-bath units on the first floor. Building improvements include fully renovated owner unit (2023), updated electrical, all new copper and PVC plumbing, individual newer furnaces, all newer hot water heaters, and newer vinyl windows. The full unfinished basement with sump pump system provides excellent potential for expansion or additional storage. Stairs are already set up to duplex down. Exterior highlights include a 2-car garage and a large private fenced in back yard. Conveniently located near major streets, public transit, Columbus Park, Garfield Park, and easy access to I-290. Three units are currently leased, with owner unit delivered vacant.
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan,Public
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany