NOT LISTED FOR SALE

5306 W Montrose Ave Chicago, IL 60641

Jefferson Park Neighborhood
6 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $390,000

17 Days on Market

Highlights

  • Property is near a park
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Fenced Yard

About This Home

As of December 2021

This all brick, 2-unit building is priced right! Both units are rented by excellent, long-term tenants who prefer to stay but will also graciously move, if need be. Buy it and then rehab it and capture the sweat equity for yourself. In this area, rehabbed, multi-unit buildings trade in the $550,000 range. Live in one unit, or build out the basement and live in it, and rent out the remaining units. Both units have identical floor plans. Each unit features three bedrooms and one bathroom with a sprawling, open concept floor plan. Walk into a large living space: with a formal living room, a formal sunroom and a formal dining room. It is an apartment but it feels like a home. Then head to three spacious bedrooms with ample closet space, and lots of windows for that natural sunlight exposure. The kitchen is large enough space for a four person breakfast table followed by more storage in the rear, enclosed porch. You can also finish the basement for an extra living quarter. The possibilities are endless. Very close to the expressway, countless restaurants, school, shopping and transportation right out your front door. This is an as-is, where-is sale. Conventional OK. FHA OK. Show and sell. Easy to show. NOTE: The co-lister has a vested interest in this property.

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 11/01/2021

Co-Listed By

Anas Akhras

HomeSmart Connect LLC License #475189572

Last Buyer's Agent

Erick Coley

Berkshire Hathaway HomeServices American Heritage License #475178381

Berkshire Hathaway HomeServices American Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms
  • No Tub in Bathroom

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1913

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: 1913
  • Age: 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: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Bathroom Amenities: No Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 409000
  • Lot Features: Fenced Yard
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 4375
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5922.14
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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 Change Sq Ft Price
12/17/2021 12/17/21 Sold $390,000 -4.6% --
11/19/2021 11/19/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $409,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Peter Drossos

    Seller's Agent in 2021

    Peter Drossos

    Peter Drossos Real Estate

    (773) 593-5626

    7 in this area

    188 Total Sales

    Section Image
  • Anas Akhras

    Seller Co-Listing Agent in 2021

    Anas Akhras

    The McDonald Group

    (773) 516-1467

    1 in this area

    17 Total Sales

    Section Image
  • Erick Coley

    Buyer's Agent in 2021

    Erick Coley

    Berkshire Hathaway HomeServices American Heritage

    (847) 749-6626

    2 in this area

    54 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260386

Midwest Real Estate Data (MRED)

Illinois Cook County Chicago 60630 Jefferson Park

5306 W Montrose Ave, Chicago, IL

This home is located at 5306 W Montrose Ave, Chicago, IL 60641 since 01 November 2021. This property was built in 1913. 5306 W Montrose Ave is a home located in Cook County with nearby schools including Portage Park Elementary School, Schurz High School, and St John Lutheran School.

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