NOT LISTED FOR SALE

5021 W Belden St Chicago, IL 60639

Cragin Neighborhood
8 Beds
5 Baths
4,090 Sq Ft
4,356 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $640,000 $156 Per Sq Ft

27 Days on Market

Highlights

  • Property is near a park
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Lower Floor Utility Room
  • Ceiling Fan

About This Home

As of May 2024

MUST SEE this JUMBO all-brick 4-unit building in an appreciating part of Belmont-Craigin, right across from Blackhawk Park. Featuring two spacious, light-filled 3 bedroom/1 bath units, and two 1 bedroom, 1 bathroom units. Each unit has a separate dining area, large pantry room, a bonus den/enclosed porch room, and HARDWOOD FLOORS. Several units have recent upgrades, including painting, cabinets, and appliances. One unit is currently used as an AIRBNB that brings in $$ DOUBLE THE INCOME $$ of a long-term rental, and comes with all the furniture included. Owner's family occupies a unit and manages the property. The massive basement offers a coin laundry area, STORAGE LOCKERS for each tenant, extra office/storage rooms, and a convenient half bathroom. Recent improvements include tuck-pointing, tear-off roof, windows, steam boiler, and hot water heater, electric panel, and smart lock on main door. Detached 2-car brick garage and 2 additional paved parking spots for additional income potential. Conveniently located across from amenities including fieldhouse, tennis courts, playground, and INDOOR POOL and GYM. Close to public transportation and so many conveniences. ACT FAST!

Last Agent to Sell the Property

Romi Olariu

Compass License #475136092 Listed on: 03/06/2024

Compass

Last Buyer's Agent

Michael Savegnago

Legacy Properties, A Sarah Leonard Company License #475207603

Legacy Properties, A Sarah Leonard Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,241

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Basement Storage

Location

  • Property is near a park

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,939
  • Fuel Expense $2,830
  • Manager Expense $9,450
  • Water Sewer Expense $3,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,241

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, TV Antenna, CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level
  • Basement Description: Unfinished,Bathroom Rough-In,Storage Space
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Park Adjacent
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Manager Expense: 9450
  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 3193

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 4417
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 2830
  • ElectricExpense: 1939
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 6241
  • Tax Year: 2022
  • Tax Exemptions: None

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 Prior Sale
05/10/2024 05/10/24 Sold $640,000 0.0% $156 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/29/2024 03/29/24 Off Market $640,000 -- --
03/13/2024 03/13/24 Pending -- -- --
03/13/2024 03/13/24 Off Market $640,000 -- --
03/06/2024 03/06/24 For Sale $699,900 +42.8% $171 / Sq Ft
09/12/2018 09/12/18 Sold $490,000 -3.9% $120 / Sq Ft View Prior Sale
07/22/2018 07/22/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $510,000 -- $125 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Romi Olariu

    Seller's Agent in 2024

    Romi Olariu

    Compass

    (847) 409-4217

    2 in this area

    132 Total Sales

    Romi Olariu
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Savegnago

    Legacy Properties, A Sarah Leonard Company

    1 in this area

    35 Total Sales

    Michael Savegnago
    Section Image
  • Santiago Kensel Sanchez

    Seller's Agent in 2018

    Santiago Kensel Sanchez

    Solid Realty Services Inc

    (773) 732-3100

    1 in this area

    54 Total Sales

    Santiago Kensel Sanchez
    Section Image
  • Gregorio Cirone

    Buyer's Agent in 2018

    Gregorio Cirone

    xr realty

    (708) 415-6755

    10 in this area

    556 Total Sales

    Gregorio Cirone
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11997625

Midwest Real Estate Data (MRED)

APN: 13332100010000

Illinois Cook County Chicago 60639 Cragin

5021 W Belden St, Chicago, IL

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