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5136 S Blackstone Avenue, Chicago, IL 60615
$1,600,000
5136 S Blackstone Avenue, Chicago, IL 60615View this property at 5136 S Blackstone Avenue, Chicago, IL 60615
5136 S Blackstone AvenueChicagoIL60615
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Property Description
Rare Opportunity To Acquire 5132-5136 S Blackstone Ave., A 12 Unit Apartment Building in The Hyde Park Neighborhood Of Chicago. The Property Is On A Huge 72 X 151 Lot and Is Zoned Rm5. Originally Designed By The World-Famous Architect and Artisan, Edgar Miller, The Property Consists Of Two Attractive Greystone Buildings Separated By A Courtyard in The Rear. The 5136 Building, Originally A 15 Room Single Family Residence, Now Has 5 Units. The 5132 Building, Originally A Very Large 3 Flat, Now Has 7 Units. The Total Unit Mix Consists Of One 3 Bedroom 3 Bath Unit, One 2 Bdroom 1 Bath Unit, Nine 1 Bedroom One Bath Units, and One Very Large Loft Studio. There Is Also A 2 Car Garage and A Parking Pad For 2 Additional Cars. The Building Has Had A Consistently High Occupancy and The Apartments Are Easy To Rent. While A Few Of The Units Have Been Renovated, and There Is A Newer Boiler and New Hot Water Heater, The Buidings Could Still Use Further Improvements and Is Being Sold "As Is."
Full Property Details
Full Property Details for 5136 S Blackstone Ave
General
- Sold For: $1,600,000
- Taxes: $27,341 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11806992
- Added to Site: 330 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - Hyde Park
- County: Cook
- Driving Directions: TAKE 53RD STREET TO BLACKSTONE NORTH TO PROPERTY
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat, Radiators, Steam
Structural Information
- Stories/Levels: 3
- Square Feet: 12,027
- Year Built: 1893
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,870
- Lot Dimensions: 72 x 151
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $95,518
- Assessment Year: 1893
- Tax Amount: $27,341
- Tax Year: 2021
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 20114030240000
Listed by Ettinger Realty, Ltd.
Sold by Web Property Manager LLC
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Schools
Schools serving 5136 S Blackstone Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1330 E 50th St, Chicago, IL 60615 | PK-6 | 0.3 mi | |
5631 S Kimbark Ave, Chicago, IL 60637 | PK-8 | 0.7 mi | |
5015 S Blackstone Ave, Chicago, IL 60615 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5136 S Blackstone Ave
Date
Details
Price
Change
Source
1/09/2024
Sold
$1,600,000
-13.51%
MLS
10/23/2023
Price Reduced
$1,850,000
-5.13%
MLS
8/31/2023
Price Reduced
$1,950,000
-4.88%
MLS
7/24/2023
Price Reduced
$2,050,000
-4.65%
MLS
6/13/2023
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5136 S Blackstone Avenue, Chicago, IL 60615 (MLS# 11806992) is a Commercial property that was sold at $1,600,000 on January 09, 2024. Want to learn more about 5136 S Blackstone Avenue? Do you have questions about finding other Commercial real estate for sale in Hyde Park? You can browse all Hyde Park real estate or contact a Coldwell Banker agent to request more information.