5950 West Schubert Avenue

Chicago IL 60639

Multi-Family

Currently for sale - view listing

Overview

Prime Belmont Cragin 4-unit apartment building with two (2) additional non-conforming units, offered for the first time in over 24 years. Unit mix includes four (4) 2BD/1BA and two (2) non-conforming 1BD/1BA garden layouts. Apartments feature hardwood flooring in living areas, with kitchens and baths finished in rental-grade materials including wood cabinetry, laminate countertops, and white appliances. Tenants pay their own cooking gas and electric, except Unit 1W and the non-conforming units. Boiler heat is owner-paid. Property highlights include separately metered electric, two Rheem hot water heaters (2020 & 2023), vinyl windows (within last 15 years), and a mix of copper and galvanized plumbing. Additional amenities include building-owned coin laundry and a two-car garage providing supplemental income. Current rents remain well below market, offering a clear value-add opportunity through rent increases and unit modernization.

Features

8 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Property history for 5950 West Schubert Avenue

2021

Sold

$617,000

14 May 2021 by Teresa Sabramowicz, of Sab-Net Realty

2011

Sold

$280,000

18 Feb 2011 by Teresa Sabramowicz, of Sab-Net Realty

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