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5033 W Washington Boulevard Chicago, IL 60644 Multi Unit - Multiple Active

  • 5033 W Washington Boulevard, Chicago, IL 60644 Main Photo

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Description

Welcome! to a perfectly rehabbed, all brick, legal 3-unit building in an excellent area! This building was rehabbed with City of Chicago plans and permits. There is nothing to do. And, the best part? Notice all the new construction in the area! This property has two strategies. First, it is perfect for a house hacking strategy. In other words, you can live in one unit and rent out the other two units. Presently, this building generates $5,450 per month from all three rental units. Second, you can just keep the entire building as an investment property! The first floor unit and the second floor unit are nearly identical except that the first floor unit has three bedrooms and the second floor unit has four bedrooms and a front balcony. Other than that, the first floor and the second floor share the same distinctive features. Both of these units feature large windows that light up the living room and dining room area and both of these units are accentuated by tall ceilings, recessed lighting, a soft gray wall color, hardwood flooring, an in-unit washer and dryer, tastefully designed bathroom tile work and immaculate trim work. But wait. There is more. The kitchens are stunning with their light gray, shaker style kitchen cabinets, their stunning granite countertops and their stainless steel appliances. You will fall in love with both of these units! You will also love the garden unit! The garden unit features three bedrooms and a full bathroom; it also features a tall ceiling and a functional floor plan and, yet, another outstanding kitchen design. This awesome building is close to it all: schools, shopping, I-290 and transportation. It is a must see. It is a true armchair investment. A 10!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 10
Bathrooms: 3
County: Cook
Listed By:
Peter Drossos Real Estate 773-593-5626
MRED MLS
$600,000
Est. $3,888/mo
10beds
3baths
Active
BEDS10 BATHS3 full MLS#12586838
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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5033 W Washington Boulevard, Chicago, IL 60644.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $600,000$600,000$600,000
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,878$3,532$3,677
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,888$4,806$4,687

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