Chicago, IL 60609 853 W 53rd Street

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Presented By: Realty of Chicago LLC
  • MLS# 12179376
  • 10/02/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 3
  • Garage • 2

Home Details

Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from 1,200 to 1,500, and the entire building can generate up to 3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! MOTIVATED SELLER!
Presented By: Realty of Chicago LLC

Interior Features for 853 W 53rd Street

Bedrooms

Bedrooms Possible8
Total Bedrooms8

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementFull
BasementUnfinished
Total Number of Units3

Other Rooms

Room TypeEnclosed Porch

General for 853 W 53rd Street

Additional Parcels Y/NYes
CityChicago
CountyCook
Days on Market1
DirectionsHalsted to 53rd Street West
Elementary SchoolSherman Elementary School
Elementary School District299
Garage Spaces2.5
HeatingRadiant
High SchoolTilden Career Communty Academy S
High School District299
MLS AreaCHI - New City
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt, Flat
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount3808.01
Tax Year2023
Total Rooms17
TownshipSouth Chicago
Waterfront Y/NNo
Year Built1895

Exterior for 853 W 53rd Street

ExteriorVinyl Siding, Brick
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions3480
Lot FeaturesCorner Lot, Fenced Yard
Other EquipmentCeiling Fan(s), Multiple Water Heaters, Water Heater-Gas
Total Parking2.5
Water SourcePublic

Additional Details

Price History

Schools

Middle School N/A
High School Tilden Career Communty Academy S High School
Elementary School Sherman Elementary School

Worth Clark

Price $429,900
MLS#12179376
List Date 10/02/2024
Property Type Multi-Family
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