4916 W Hutchinson Street, Chicago, Illinois 60641
- $626,000
- 8
- BD
- 3
- BA
- Sold Price
- $626,000
- List Price
- $600,000
- Closing Date
- May 24, 2024
- MLS#
- 12017173
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 8
- Bathrooms
- 3
- Gross Rental Income
- $48,600
- County
- Cook
- City
- Chicago
- Neighborhood
- Portage Park
- Days On Market
- 3
Property Description
WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY NOON ON THURSDAY, APRIL 18, 2024. This all brick, Portage Park legal 2-unit, with a garden unit, makes for a perfect investment; or, you can live in one unit and rent out the other units. Also, keep this in mind: single-family homes alone are selling way north of $400,000 nowadays and multi-unit dwellings are way cheaper on a per unit basis. And what is the best part besides the area? The mechanicals. They are in tip-top shape. Simply put, this property has been well-maintained by a long-time homeowner! This building is the epitome of pride of ownership. Each unit is sprawling and spacious, and it also features a rare front veranda/balcony, which is coveted for those perfect spring and summer nights. More so, each unit features hardwood floors throughout, three bedrooms, a bathroom and a family-style room off of the kitchen, and each bedroom is spacious coupled with a generously sized closet, and each bathroom is tastefully designed. And. Better yet. Each kitchen is huge and it opens up to an awesome family room, which is rare. and perfect, for family gatherings and entertaining friends. The garden unit features two bedrooms and a bathroom, and it is equally impressive. Additionally, there is also a coin-operated washer and dryer in the common area just outside of the garden unit, and an enclosed, rear porch as well as a detached, 2-car garage. You can even rent one garage space or both garage spaces for additional income. This property is close it all: a few minutes away from the Kennedy expressway, steps away from the Montrose Blue Line, in near proximity to O'Hare Airport, famous Gale Street Inn and Bacci Pizza, schools, parks, coffee shops, shopping and restaurants. The location is unbeatable! All types of financing will be considered as well: conventional, FHA and VA! Show and sell. Easy to show. A true 10! A must see.
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Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2022
- Tax Amount
- $8,302
- Year Built
- 1915
- Lot Dimensions
- 30 X 125
- Lot Size Range
- Less Than .25 Acre
- Units
- 2
- Garage Spaces
- 2
- Parking Spaces
- 2
- Parking Details
- Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Heating
- Natural Gas, Forced Air, Sep Heating Systems - 2+
- Sewer
- Public Sewer
- Basement
- Yes
- Total Rental Income
- $48,600
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Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid
Selling Office: GC Realty and Development, LL.
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