$664,900
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5008 W Strong Street Chicago, IL 60630
Multi-Family
Residence
5
Beds
3
Baths
Sq. Ft.
Property Activity
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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 ag...o 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.
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MLS#
12133347
Property Type
Multi-Family
Bedrooms
5
Bathrooms
Year Built
1921
Sewer
Public Sewer
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