Chicago, IL 60630 5008 W Strong Street

5008 W Strong Street Chicago, IL - Image 15008 W Strong Street Chicago, IL - Image 25008 W Strong Street Chicago, IL - Image 3
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Presented By: Compass
  • MLS# 12133347
  • 08/08/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • Garage • 2

Home Details

Fantastic investment opportunity on a quite tree lined street of Jefferson Park. Legal 3 flat perfect for an investor or owner looking to invest in themselves. Get the best of both worlds with a wonderful mix of vintage charm and modern conveniences. Kitchens and baths have been remodeled a while ago but nice. Two 2-bedroom 1 bath units plus a large 4 room one bedroom on top floor. Enclosed back porches and lots of extra storage. All units have separate furnaces. Located in a quiet little neighborhood of Jefferson Park yet perfectly situated with easy commuter access to I-90 off Lawrence or hop on the Blue Line just a couple blocks away. Still, plenty of opportunity to expand... additional potential square footage in the basement. 2 car garage needs work or replacement. There's a nice, fenced yard. Rents $1700. 1st and 2nd floors $1375. 3rd floor total $4775. or $57300. gross less expenses of $14907. equals a net income of $42393. A 6.37% return on a cash-on-cash investment. Property in good condition and sold "as is'". Any questions, offers or concerns contact Norbert Mika. See agent remarks.
Presented By: Compass

Interior Features for 5008 W Strong Street

Bedrooms

Bedrooms Possible5
Total Bedrooms5

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFull
BasementUnfinished
Total Number of Units3

General for 5008 W Strong Street

Additional Parcels Y/NNo
CityChicago
Community FeaturesPark, Curbs, Sidewalks, Street Lights, Street Paved
CountyCook
Days on Market18
DirectionsLawrence(4800N) to Lavergne (1 block east of I-90) north to Strong then East to address.
Electric Expense368
Elementary School District299
Exterior FeaturesPorch
Fuel Expense1219
Garage Spaces2
Gross Income57300
HeatingNatural Gas, Forced Air
High School District299
Insurance Expense4723
MLS AreaCHI - Jefferson Park
Middle/Junior School District299
Net Operating Income42393
New ConstructionNo
Percent OwnershipFee Simple
PossessionImmediate, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5910.87
Tax Year2023
Total Rooms14
TownshipJefferson
Trash Expense0
Water Sewer Expense1572
Waterfront Y/NNo
Year Built1921
ZoningMULTI

Exterior for 5008 W Strong Street

ExteriorAluminum Siding, Vinyl Siding
Foundation DetailsBlock, Concrete Perimeter
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions30 X 125
Lot FeaturesFenced Yard
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $664,900
MLS#12133347
List Date 08/08/2024
Property Type Multi-Family
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