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5008 West Strong Street

Chicago IL 60630

5
3
2
Multi-Family
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Happy sellers in Chicago

95%
95% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Chicago over the last 12 months.

Local market activity for 5 bedroom multi families in Chicago

In the last 12 months, 16 five-bedroom multi families similar to 5008 West Strong Street, have been sold.

This represents a 29% increase in five-bedroom multi families sales when compared to the previous 12 months.

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(619) 566-0008
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