NOT LISTED FOR SALE

5103 W Washington Blvd Chicago, IL 60644

Austin Neighborhood
7 Beds
2 Baths
-- Sq Ft
1900 Built

Last Sold October 13, 2023

Last sale price $377,000

72 Days on Market

About This Home

As of October 2023

Welcome to 5103 W. Washington Blvd., Chicago! This exceptional 2-unit building offers a rare opportunity for both savvy investors and aspiring homeowners alike. Boasting a complete rehab, separate utilities, and CHA tenants generating a remarkable gross monthly income of $3,212, this property promises a truly outstanding investment. The first-floor unit encompasses a spacious and inviting 3-bedroom, 1-bathroom layout spread across 1,150 square feet. Currently rented at $1,437 per month, this meticulously maintained unit presents an attractive rental opportunity. With a flexible month-to-month lease, the new owner can choose to continue leasing or envision this unit as a future owner-occupied haven. Ascending to the second floor, you'll discover a stunning 4-bedroom, 1-bathroom residence spanning 1,300 square feet. Offering ample space and comfort, this unit is currently occupied by a reliable CHA tenant, contributing $1,775 to the impressive monthly income. Similar to the first floor, the second-floor lease is month to month, affording the new owner the freedom to continue renting or embrace the potential of occupying this spacious unit. This remarkable building has undergone a comprehensive gut rehab, ensuring its structural integrity and modern appeal. Featuring separate utilities and gas forced air systems, each unit offers a convenient and independent living experience for both tenants and future residents. With amazing renovations completed throughout, this property exudes timeless elegance and unmatched quality. The unique blend of great tenants and substantial income sets this offering apart from the rest, making it a one-of-a-kind investment opportunity. Don't miss your chance to acquire this exceptional 2-unit building at 5103 W. Washington Blvd., Chicago. Whether you're an investor seeking solid returns or a homeowner looking for a versatile property, this immaculate rehabbed building is ready to fulfill your aspirations. Schedule your showing today and be captivated by the possibilities that await you in this extraordinary gem.

Last Agent to Sell the Property

Sam Shah

YBRS Realty Inc. License #475166155 Listed on: 06/24/2023

Last Buyer's Agent

Daniel Csuk

Redfin Corporation License #475170557

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1900 | Remodeled in 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 40x125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,619

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 3619.46
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

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Average Value
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List Price
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
10/13/2023 10/13/23 Sold $377,000 -5.5% --
09/05/2023 09/05/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $399,000 -1.5% --
08/05/2023 08/05/23 Price Changed $405,000 -1.7% --
07/27/2023 07/27/23 Price Changed $412,000 -3.1% --
06/24/2023 06/24/23 For Sale $425,000 +226.9% --
05/05/2021 05/05/21 Sold $130,000 -7.1% -- View Prior Sale
04/07/2021 04/07/21 For Sale $139,900 0.0% --
04/06/2021 04/06/21 Pending -- -- --
03/28/2021 03/28/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $139,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11816483

Midwest Real Estate Data (MRED)