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$899,000
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Property Description
Well-kept yellow Multi- Family 7 Units building in Belmont Cragin. The building consists above the ground-level: Two 2 Bedrm/ 1Bath apartments and Four 1 Bedrm/1Bath apartments and the 7th unit- 2 Bedrm/1Bath nice rehabed Unit in the basement. These are spacious units with formal Living Rm and Dining Room in nice condition. Nice hardwood floors throughout. Currently one vacant unit. 8 electric meters and boxes (as shown on photos). 2 hot water tanks, and one Weil- McLain boiler located in the mechanical room by a laundry rm in the basement. Two parts of the basement with 2 separate main entrances. Good rental income producing property with upside potential. As its often the situation, lower than fair market rents due to long term tenants, but at the same time it presents an immediate upside opportunity for a new owner employing upkeep managment **** Current Rent Roll in Additional info. Ask the Listing Agent *** Owner motivated to sell. Room to negotiate ***
Full Property Details
Full Property Details for 5303 W George St
General
- Price: $899,000
- Taxes: $10,949 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12507454
- Updated: 11/26/2025
- Added to Site: 79 day(s) ago
Location
- Area: CHI - Belmont Cragin
- County: Cook
- Township: Jefferson
- Driving Directions: Belmont Ave to Laramie Ave 2 the building on corner on W George St
- Location Details: Corner
Heating & Cooling
- Heating Type: Steam
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1932
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,705
- Lot Dimensions: 125 x 45
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1932
- Tax Amount: $10,949
- Tax Year: 2024
Disclosures and Reports
- Property ID: 13281280230000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 5303 W George St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Schubert Elementary School 2727 North Long Avenue, Chicago, IL 60639 | PK-5 | 0.2 mi |
Northwest Middle School 5252 West Palmer Street, Chicago, IL 60639 | 6-8 | 0.8 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5303 W George St
Date
Details
Price
Change
Source
10/30/2025
Listed
$899,000
32.21%
MLS
12/07/2021
Sold
$680,000
—
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 5303 W George St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,718
3%
$46,057
—
2022
$9,473
2%
$46,057
—
2021
$9,262
12%
$46,057
24%
2020
$8,243
11%
$37,002
—
2019
$7,434
2%
$37,002
—
2018
$7,309
—
$37,002
9%
2017
$7,280
7%
$33,820
—
2016
$6,774
9%
$33,820
—
2015
$6,197
29%
$33,820
30%
2014
$4,820
2%
$25,981
—
2013
$4,725
1%
$25,981
—
2012
$4,662
—
$25,981
—
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 5303 W George St
5303 W George Street, Chicago, IL 60641 (MLS# 12507454) is a Commercial property. 5303 W George Street is currently listed for $899,000 and was received on October 30, 2025. This property is listed by Jacek Piktel from our Lincoln Park Office.Want to learn more about 5303 W George Street? 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.


