NOT LISTED FOR SALE

5019 W Quincy St Chicago, IL 60644

Austin Neighborhood
13 Beds
13 Baths
-- Sq Ft
6,200 Sq Ft Lot

Last Sold December 15, 2023

Last sale price $650,000

31 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 3-minute walk to Moore Park

About This Home

As of December 2023

Beautiful All Brick 13 Unit Building with Great Potential! Located in the Hot Austin Neighborhood and just down the street from the the Chicago Jesuit Academy and Moore Park in this up and coming community. All Units are Large 1 Bedroom Units with Separate Dining Rooms and Eat in Kitchens. Many with the possibility of being converted to 2 bed units. Large Storage Areas on Main Level. 2 Separate Entrances 5019 and 5021. Windows replaced in 2007 and roof replaced approximately in 2012 and Building Tuck-pointed. One Boiler for building in good working condition and updated water heater. Potential Laundry in Building not currently utilized. Building is being Sold AS-IS bring your offers today and start making money!! Gated Building with Private Entrances to both sides of building. Call Today for your Private Showing.

Last Agent to Sell the Property

Michael Giliano

Compass License #475135259 Listed on: 07/31/2023

Compass

Co-Listed By

Mitchell Giliano

Compass License #475175148

Last Buyer's Agent

Earl Ruthman

Century 21 Circle License #471012146

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,440

Year Built

  • Built in 1927

Lot Details

  • 6,200 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 13 Units

Building Details

  • Fuel Expense $15,478
  • Water Sewer Expense $3,800
  • Gross Income $66,300
  • Net Operating Income $28,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,440

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Othr-Call List Agent,Sellers Discl Not Av
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 13
  • Basement Description: Unfinished
  • Misc Inside: Laundry Room
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Courtyard,Security System

Garage/Parking

  • Outdoor Parking: Parking-Street

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal, Cable Available
  • Heat/Ventilation: Gas,Radiators

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 3800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X130
  • Lot Size Sq Ft: 6200
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Security Entrance,Sidewalks
  • Alternate Phone Number: (630) 816-1363

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8
  • Tenancy Type: Month To Month,1 or More Vacant

Building Info

  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 28583
  • Fuel Expense: 15478
  • GrossIncome: 66300
  • NumberOfUnitsTotal: 13
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18439.6
  • Tax Year: 2021

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $650,000 -13.2% --
09/01/2023 09/01/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $749,000 -6.3% --
08/06/2023 08/06/23 For Sale $799,000 0.0% --
08/06/2023 08/06/23 Off Market $799,000 -- --
07/31/2023 07/31/23 For Sale $799,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Giliano

    Seller's Agent in 2023

    Michael Giliano

    Compass

    (312) 319-1168

    3 in this area

    210 Total Sales

    Michael Giliano
    Section Image
  • Mitchell Giliano

    Seller Co-Listing Agent in 2023

    Mitchell Giliano

    Compass

    (630) 816-0244

    1 in this area

    38 Total Sales

    Mitchell Giliano
    Section Image
  • Earl Ruthman

    Buyer's Agent in 2023

    Earl Ruthman

    Century 21 Circle

    (312) 513-4490

    1 in this area

    71 Total Sales

    Earl Ruthman
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11846567

Midwest Real Estate Data (MRED)

APN: 16162100070000

Illinois Cook County Chicago 60644 Austin

5019 W Quincy St, Chicago, IL

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