5260 W Adams St Chicago, IL 60644
Austin NeighborhoodEstimated payment $4,956/month
About This Home
Rent roll available upon request. Photos are from a unit that was vacant last year. The building consists of six spacious and bright 3 bed 1 bath units & one 4 bed 1 bath unit with generous living square footage and ample closet space. Each unit has its own water heater and furnace, all working well. The occupied units are with CHA tenants, except for one (non-CHA tenants have been living in the building for 20+ years) ensuring consistent cash flow every month. ***Gross income for 2024 - $9651/month, NET operating income: $3,000-$4,000/month!!!!*** This is a brick building on the outside with a detached 2-car garage and several remodeled units on the inside featuring recently restored and varnished hardwood floors in four of the units, life-proof, waterproof laminate flooring throughout the rest. One apartment in original condition because tenants have been living there for 20+ years, but bathroom was remodeled in November of 2024. The roof of both the building and the garage have also been restored in August, 2023.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,106
Year Built
- Built in 1917
Home Design
- Brick Exterior Construction
Additional Features
- 3-Story Property
- Lot Dimensions are 50x125
- Heating System Uses Gas
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $600
- Fuel Expense $500
- Insurance Expense $5,832
- Maintenance Expense $6,179
- Other Expense $1,000
- Trash Expense $3,240
- Water Sewer Expense $4,200
- Operating Expense $11,393
- Gross Income $115,812
- Net Operating Income $3,500
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | For Sale | $720,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12340906
APN: 16161050170000
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