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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12291976
Sold Date 05/09/25
Bedrooms 6
Year Built 1921
Annual Tax Amount $1,887
Tax Year 2023
Lot Dimensions 141.8X30
Property Sub-Type Two to Four Units
Property Description
Welcome to 5511 W Congress Pkwy, a prime property located in the Austin community, featuring three spacious apartments, each with two bedrooms and one bath, accompanied by a detached two-car garage. The building has been lovely maintained by the same family for over 30 years, making it an ideal opportunity for an owner-occupant, landlord, or investor. Each apartment is rent-ready, boasting large living rooms, dining rooms, and open kitchens, as well as generously sized bedrooms. Notable features include a roof replacement in 2020, a newly installed boiler and sidewalk, less than one year old, hardwood floors, and aluminum windows. The property also showcases a great backyard space, enclosed by a wrought iron fence. With potential rental income of $1600 per month, this property is an attractive option for future tenants. The owner is eager to sell. Nearby amenities include Loretta Community Hospital, Columbus Park, and the 290 expressway. Property taxes before exemptions are $5,485.76.
Location
State IL
County Cook
Area Chi - Austin
Rooms
Basement Finished, Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Rosalva Salgado • Shopping Casas Chicago LLC