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Beth Kaim, Sales Associate
SOLD
$445,000
Date 02/07/2024

5232 W Hutchinson Street
Chicago, IL 60641

Multi-Family
Residence
7
Beds
3
Baths
Courtesy: Telequest Corp.
Classic brick Portage Park two-flat on a 35x125 landscaped lot with 2-car garage and well-kept yard, 7 bedrooms, 3 baths. Investors, flippers and the investment-minded, take note! Add your own decorating spin and rent both units for profit, or live in the duplex-down and draw extra income from the 2nd flr apt.Estate Sale- As is- Similar Bldg-sold in May for $570,000 - others nearby in the low $600s.Vintage appeal: original woodwork, molding, doors and trim, formal dining rooms with built-ins. Large rooms, high ceilings, bay windows. Hardwood floors under carpeting. Long-term owner called home, trustee has priced in as is condition after necessary repairs in basement were completed. Units will require updating. Building updates include new vinyl windows thruout (2017), gas furnaces (2016), hot water tank (2017). Roof repair and tuckpointing (2013). 2nd floor 1400 sf 3bdr/1bth with a front balcony, and a spacious 2400sf 4 bdrm-2bth duplex down. Bldg #2 is vacant w/duplex tenant #1 leaving shortly . Pro forma value with updates on #2 is $1900 / month and on 1st floor duplex is $2800. Tenants pay all utilities. Ideal location both for commuting and comfortable living. Blue Line, Metra, I-90 and I-94 all close by. Nearby Portage Park school. Easy walk to neighborhood restaurants/bars and historic Portage Park, where you can take in its Olympic-sized pool and myriad recreational offerings. Do not miss out on this!
11871564
Multi-Family, Other
7
Cook
3
1916
Brick
Public Sewer
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Transit Score

Courtesy: Telequest Corp.
Listings courtesy of MRED as distributed by MLS GRID

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