Address
5524 S Honore Street Chicago, IL
Price
$ 299,999
Property Attributes
  • MLS#10769555
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Englewood
  • NeighborhoodWest Englewood
  • Zip60636
  • Style
  • Year Built1910
  • Taxes$ 2301
  • Price$ 299,999
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
S Hansen Realty Inc.
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

This is a Public Service Announcement !! Ever thought about owning your own investment property that cash flows over $27,000 a year ? Well look no more, presenting 5524 S. Honore Street Great Potential for an owner / occupant or investor !! Units have been well maintained and floor plans are very spacious. FULL BASEMENT WITH 2 ENTRANCES AND POTENTIAL APARTMENT, 4 INDIVIDUAL ELECTRIC METERS, 3 INDIVIDUAL GAS METERS ARE IN PLACE. READY FOR N-LAW ARRANGEMENT UNIT OR DUPLEX. 2nd floor unit 4 large bedrooms + 2 bathrooms + formal living room + dining room+ original hardwood floors + restored original vintage woodwork. 1st floor apartment has 3 spacious bedrooms + 1 bathroom + walk-in kitchen pantry + living room + formal dining room + original hardwood floors + restored original vintage woodwork. Owner provided stoves + refrigerators + enclosed back porch + all separate gas meters + gas furnaces and hot water heaters. 2 CAR GARAGE IS LESS THAN 10 YEARS OLD + SPACIOUS WELL CARED FOR BACKYARD. This opportunity will be gone quick, setup your exclusive showing and good luck ! Up to a 37.19% CASH ON CASH DEAL ! 9.29% CAP RATE. NO OTHER DEAL LIKE THIS RIGHT NOW ! PROPERTY SOLD " AS-IS". OWNER IS A REAL ESTATE BROKER. TENANTS RIGHTS DURING COVID 19 ARE OBSERVED. PRICED TO SELL. MOTIVATED SELLER. MUST HAVE PRE- QUALIFICATION LETTER & PROOF OF FUNDS BEFORE SHOWING.

Price History
7/4/2020 Listed $315,000
4/9/2021 1% - $313,000
5/14/2021 1% - $312,000
5/31/2021 1% - $311,000
6/9/2021 1% - $310,000
6/11/2021 1% - $309,000
6/26/2021 1% - $308,000
6/28/2021 2% - $304,000
7/2/2021 1% - $303,000
7/9/2021 1% - $302,000
7/14/2021 1% - $301,000
7/31/2021 1% - $300,500
10/8/2021 1% - $299,498
11/23/2021 4% - $289,000

General Features

Basement Full
City Chicago
County Cook
Days on Market 523
Directions Fairfield Blvd to South on Honore
Electric Expense 1200
Elementary School District 299
Exterior Features Porch
Garage Spaces 2
Grossincome 35220
Heating Natural Gas
High School District 299
Insurance Expense 1641
MLS Area CHI - West Englewood
Middle/Junior School District 299
Net Operating Income 27899
New Construction No
Ownership Fee Simple
Possession Closing
Property Type Two to Four Units
Property Type Residential Income
Roof Flat
Sewer Public Sewer
Standard Status Active
Status Price Change
Street Name Honore
Tax Annual Amount 2301.47
Tax Year 2019
Total Rooms 13
Township Lake
Water Sewer Expense 2400
Year Built 1910
Zoning MULTI

Interior Features

Basement Finished
Bedrooms Possible 7
Full Baths 3
Full Baths Building 3
Street Suffix Street
Total Baths 3
Total Bedrooms 7

Exterior Features

Exterior Brick
Foundation Details Concrete Perimeter
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 25 X 125
Lot Size Acres 0.08
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60636

Price
AVG $210K
$300K
Taxes
AVG $7,186
$2,301
Visits
AVG 129
823
Year Built
AVG 1918
1910
Walkscore
AVG 64
58
Data Provided by Walkscore ® not using MLS data

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