5325 W 53rd Place Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60638
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12297603
Bedrooms 7
Year Built 1967
Annual Tax Amount $4,133
Tax Year 2023
Lot Dimensions 37.5X132.5X37.5X132.5
Property Sub-Type Two to Four Units
Property Description
Discover the perfect investment opportunity in a highly sought-after neighborhood, just a short stroll from Midway Airport and conveniently located minutes from major expressways. This stunning 2-flat has been meticulously maintained and updated, making it a true gem. Imagine the possibilities with the second-floor unit, which is currently responsible for its heat and electricity, along with a related living unit in the basement that boasts two separate entrances. With updated electrical systems, you can move in with peace of mind. The top-of-the-line appliances are less than four years old, accompanied by modern countertops that elevate the aesthetic. Enjoy the warmth of radiant heat from both boilers, which have undergone thorough cleaning and servicing as of December 2024, including a newly installed gas valve for the first-floor unit. The property also includes convenient coin-operated laundry facilities and an impressive 2.5-car garage, equipped with electricity alongside generous storage in the rafters. This garage not only offers year-round utility but can also be rented out, adding another stream of income to your investment. Whether you're looking to supplement your income or fully embrace the potential of a rental property, this 2-flat presents an incredible opportunity. The first-floor unit mirrors the layout of the second, ensuring consistent appeal for potential renters. Plus, all electrical boxes and outlets have been meticulously replaced as of December 2024, ensuring everything is in prime condition. With central air conditioning in the owner's and window air conditioners in the other units, comfort is ensured all year round. Don't miss your chance to own this beautifully maintained and versatile property! The related living unit is in the basement with two entrances. Both boilers provide radiant heat and have been cleaned and serviced as of December 2024, with the first-floor boiler equipped with a new gas valve. The property also includes coin-operated laundry facilities. This unit can serve as an income supplement for you or can be utilized as a total income-building opportunity. Everything is in proper working order. Contract must state as is.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished,Sub-Basement,Full
Interior
Heating Natural Gas,Electric
Fireplace N
Exterior
Garage Spaces 2.5
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition Exceptions-Call List Office