7 Flat 5005 Newport Portage Park Chicago IL Mf In| Chicago Property Listings – X Plus Real Estate

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7 Flat 5005 Newport Portage Park Chicago IL Mf In

City: Chicago ZIP: 60641

Built In: 1930

Lot Dimensions: 42 X 101

Detailed Listing Description

THIS BRICK 2 STORY 7 UNIT BUILDING HAS KEYLESS ENTRY'S TO EACH UNIT AND COMMON ENTRYS. NO KEYS REQUIRED The property consists of 6 - one LEGAL bedroom apartments. And a 7th basement unit previously operated as an apartment. (seller makes no representation as to the legal status of the basement unit. But the unit is there, clear as the nose on your face. Vacant at present. The property is heated with hot water radiant heat. Coin Laundry is owned by the building. 4 units have leases 2-Long term tenants are month to month. The hot water radiant heat is very efficient. The Heating boiler was rebuilt and repaired in Oct 2019. Wood porches are less than 7 years old. Storage for each tenant in basement. The property operates nicely with a cash flow yet this is a value add opportunity. Brokers please discuss this property PRIOR TO making an appointments. Showings must be scheduled 2 days in advance,. Please.

Additional Property Details

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units,

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 14% more than other 7 unit listings in this neighborhood.

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Listing Agent: Mark Weiss
Listing Office: Mark B. Weiss Real Estate, Llc.
2442 N. Lincoln Ave. Chicago

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