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5300 W Parker Avenue, Chicago, IL 60639
$1,299,990
5300 W Parker Avenue, Chicago, IL 60639View this property at 5300 W Parker Avenue, Chicago, IL 60639
5300 W Parker AvenueChicagoIL60639
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Property Description
Large corner L shape 10 Units Multi- Family building in rapidly appreciating Belmont Cragin. Above the ground has Eight (8) Units on 1st and 2nd floor that are all 1 Bedrm / 1 Bath Apartments with Living Room and formal Dining Room. Two (2) additional apartments (the listing broker does not represent or guarantee their legality) Garden Units in the basement have 2 Bedroom and 1 Bath. Apartments have its INDIVIDUAL FURNACE units as seen on photos and have also Central Air A/C. Tenants pay for their heat, gas and electric bill. A whole building has 10 separate gas meters and 11 separate electric boxes seen on photo. Based on the info from owner: Roof was fixed (not complete) in 2017 and well maintained. Newer windows (Approx. 2013). Hot water tank 100 Gal. (2014). And there are Two Additional rooms/spaces in the basement: one is unfinished space and the other is a mechanical/ storage area next to Coin laundry Rm w/ 2 washers and 2 dryers seen on photos with the meters. 3 car garage can yield EXTRA income. Most tenants on M/ M basis and a few on lease. Some lower rents due to stable long term tenants. Total Annual is: Rental income, parking plus coin laundry: $ 142,296 *** Currently garage spaces included in rents *** SELLERS MOTIVATED *** Great and rare income producing investment property *** RENT ROLL in Add'l Info ***
Full Property Details
Full Property Details for 5300 W Parker Ave
General
- Price: $1,299,990
- Taxes: $15,965 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11924539
- Updated: 4/17/2024
- Added to Site: 174 day(s) ago
Interior
- Interior Features: Accessible Entrance
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: Diversey Ave to Laramie Ave West on Parker Ave to the building
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Individual Furnaces
Utilities
- Trash: 1122
Structural Information
- Exterior Const.: Brick
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1931
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 10
- Units w/Range/Oven: 10
- # Dryers: 2
Lot Features
- Lot Dimensions: 60 x 125
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,500
- Operating Expenses: $26,089
- Assessment Year: 1931
- Tax Amount: $15,965
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 1402
- Pays Trash: 1122
Disclosures and Reports
- Property ID: 13283020410000
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Schools
Schools serving 5300 W Parker Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2727 N Long Ave, Chicago, IL 60639 | PK-5 | 0.1 mi | |
5252 W Palmer St, Chicago, IL 60639 | 6-8 | 0.7 mi | |
3235 N Leclaire Ave, Chicago, IL 60641 | 9-12 | 0.7 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 5300 W Parker Ave
Date
Details
Price
Change
Source
4/11/2024
Price Reduced
$1,299,990
-5.46%
MLS
11/30/2023
Price Reduced
$1,375,000
-3.51%
MLS
11/05/2023
Listed
$1,425,000
29.55%
MLS
11/10/2020
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5300 W Parker Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$16,330
2%
$79,395
—
2021
$15,966
19%
$79,395
32%
2020
$13,407
11%
$60,184
—
2019
$12,092
2%
$60,184
—
2018
$11,888
-4%
$60,184
5%
2017
$12,344
7%
$57,342
—
2016
$11,485
20%
$57,342
10%
2015
$9,564
-15%
$52,195
-14%
2014
$11,267
21%
$60,726
18%
2013
$9,343
-14%
$51,368
-15%
2012
$10,886
—
$60,667
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5300 W Parker Ave
5300 W Parker Avenue, Chicago, IL 60639 (MLS# 11924539) is a Commercial property. 5300 W Parker Avenue is currently listed for $1,299,990 and was received on November 05, 2023. This property is listed by Jacek Piktel from our Lincoln Park Office.Want to learn more about 5300 W Parker Avenue? Do you have questions about finding other Commercial real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.