NOT LISTED FOR SALE

5358 W Wellington Ave Chicago, IL 60641

Cragin Neighborhood
9 Beds
7 Baths
-- Sq Ft
1932 Built

Last Sold December 12, 2023

Last sale price $735,000

105 Days on Market

About This Home

As of December 2023

GREAT INVESTMENT! It's a beautiful yellow brick building with Six units and plus a In-law Unit in the Belmont Craig area. All the apartments have natural woodwork. There's also a cozy in-law unit with 3 rooms and 1 bedroom. The roof and the water tank are newer.

Last Agent to Sell the Property

Airel Hermosillo

Smart Home Realty License #471015973 Listed on: 05/24/2023

Last Buyer's Agent

Zain Nasir

Illinois Real Estate Partners License #475191434

Illinois Real Estate Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,061

Year Built

  • Built in 1932

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • 3-Story Property
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $1,704
  • Insurance Expense $3,417
  • Gross Income $79,200
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,061

Year Built

Built in 1932

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: 1932
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 5

Utilities

  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33*125

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Multi Family

  • Net Operating Income: 50000
  • Fuel Expense: 1704
  • Insurance Expense: 3417
  • GrossIncome: 79200
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10061
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
12/12/2023 12/12/23 Sold $735,000 -2.6% --
09/07/2023 09/07/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $755,000 -3.8% --
07/28/2023 07/28/23 Price Changed $785,000 -1.8% --
05/24/2023 05/24/23 For Sale $799,000 -- --
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: 11790601

Midwest Real Estate Data (MRED)