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Dream Town Realty

312.265.8000

Exclusive Listing Contingent

MLS #11168959

5301-5 W Barry Avenue , Chicago IL, 60641
craigin Multi Family 5+

Bed: - | Bath: 0 | Tax: 12398 | HOA: -

For Sale: $1,395,000

-87.7592331,41.9365609

Payment Estimate: $0/month Payment Calculator


Listing Agent
Jacek Piktel

Jacek Piktel


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    Large corner L shape all brick 12 APARTMENTS BUILDING w/ unfinished basement and 3 car garage in rapidly appreciating Belmont Cragin. All 12 units are above the ground. Building consists: Eight -1 Bedroom Apartments, Two-2 Bedroom Apartments and Two- studios. Units feature: Living room with closet, dining Rm combined w/ kitchen. All hardwood floors throughout. Whole building has 13 separate gas meters, 14 electric circuit brakers boxes, 2 commercial high capacity newer water tanks heaters. High open basement w/ coin laundry and storage area. Newer "Climate guard" all vinyl windows. Central steam heat "WEIL- McLAIN" with R&D computerized control system. Backup all drain protected flood control. All 2nd Floor ceilings isolated. Nice court yard in the back of the building. Note: Some of current rents are lower than regular market rents for the area due to stable long term tenants but (as rented recently by LA 1bedroom unit on N Lockwood Ave side of the building for $ 900) with Upside potential to be raised *** Current CAP Rate: 6.85*** Through improved leasing, management, and raising rents to market rate, an investor has the opportunity to achieve even higher cash flow and a cap rate. GOOD AND RARE INCOME PRODUCING INVESTMENT PROPERTY *** Rent Roll in Additional Info***


    Features and Information

    Property Information

    • List Price: $1,395,000
    • Tax: $12,398
    • Square Feet: -
    • Market Time: 59
    • Status: Contingent
    • Type: Multi Family 5+
    • Built: 1931
    • Garage Spaces: -
    • Dimensions: 63X125

    Property Location

    • Address: 5301-5 W BARRY Avenue
    • Unit: -
    • Unit Floor Level: -
    • City/State: Chicago
    • ZIP: 60641
    • MLS Area: CHI - Belmont Cragin
    • County: Cook
    • PIN #: 13281120190000

    Features

    • Heat: Central Bldg Heat,Steam
    • Air Conditioning: Window Unit/s
    • Appliances: -
    • Parking: -
    • Age: Older
    • Exterior: Brick
    • Assessments Include: -

    Rooms

    • Total Rooms: -
    • Bedrooms: -
    • Master Bedroom: -
    • Bathrooms: 0
    • Master Bath: -

    Copyright 2020 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Properties Surrounding 5301-5 W Barry Avenue

    Schools In The craigin Area

    See grade levels, address, and scores for schools in the craigin area.

    20 schools in area
    School Type Level Grade(s) Rating

    Reinberg Elementary School

    3425 North Major Avenue

    Public Preschool - Middle PK-8
    6

    Schubert Elementary School

    2727 North Long Ave

    Public Preschool - Elementary PK-5
    4

    Smyser Elementary School

    4310 North Melvina Ave

    Public Preschool - Middle PK-8
    7

    Thorp O A Elementary Scholastic Academy

    6024 W Warwick Ave

    Public Elementary - Middle K-8
    7

    Belding Elementary School

    4257 North Tripp Avenue

    Public Preschool - Middle PK-8
    5

    Lloyd Elementary School

    2103 North Lamon Ave

    Public Preschool - Elementary PK-5
    4

    Northwest Middle School

    5252 West Palmer St

    Public Middle 6-8
    2

    Chicago Academy Elementary School

    3400 North Austin Ave

    Public Preschool - Middle PK-8
    6

    St Genevieve School

    4854 West Montana Street

    Private Preschool - Middle PK-8
    NR

    Notre Dame High School For Girls

    3115 North Mason Avenue

    Private High 9-12
    NR

    Our Lady of Victory

    4434 N Laramie Ave

    Private Preschool - Middle PK-8
    NR

    Chicago Christian Academy

    5110 West Diversey Avenue

    Private Preschool - Elementary PK-6
    NR

    Camras Elementary School

    3000 North Mango Ave

    Public Preschool - Middle PK-8
    4

    CHRISTOPHER HOUSE CHRT ES

    5235 West Belden St

    Charter Elementary K-1
    6

    CICS West Belden

    2245 N. McVicker

    Charter Elementary - Middle K-8
    NR

    Horizon Science Acad-Belmont

    5035 West North Ave

    Preschool - High PK-12
    NR

    Nixon Elementary School

    2121 North Keeler Ave

    Public Preschool - Elementary PK-6
    2

    Scammon Elementary School

    4201 West Henderson St

    Public Preschool - Middle PK-8
    5

    Hanson Park Elementary School

    5411 West Fullerton Ave

    Public Preschool - Middle PK-8
    5

    Falconer Elementary School

    3020 North Lamon Ave

    Public Preschool - Elementary PK-6
    3

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

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