ClosedPrice Reduced

$650,000

$670,000
5057 Dakin Street, Chicago, IL 60641
8 Beds3 Baths117 days
5057 Dakin Street·Chicago, IL 60641
8Bedrooms
3Bathrooms
1989Year Built
About This Home

Welcome to an exceptional 3 Legal Flat property, perfectly poised to fulfill your real estate dreams. Nestled in a coveted location, this property presents a golden investment or homeownership opportunity. With wonderful, reliable tenants already in place, it's an investment ready to take over, and a home ready to embrace. The second floor and basement have been meticulously updated to exude modern elegance. Revel in newer refinished floors that seamlessly flow underfoot, gleaming granite countertops to allow recipes to come to life, newer appliances that await your dinner evenings and parties, and fully remodeled bathrooms that offer a touch of luxury. A remarkable attribute of this property is the newer structure, built in '89, which has been lovingly cared for and maintained over the years with great attention to detail. The owner's commitment to quality is evident through the newer entrance door, water heaters, laundry machine, garage door, and in-unit doors on both the garden and second floor. The basement even boasts heated floors for added comfort. This versatile property offers 2 spacious 3-bedroom, 1-bath units, each featuring a welcoming living room and an inviting eat-in kitchen. In addition, there's an extra-large 2-bedroom garden unit. With separate furnaces and water heaters, each unit's tenants are responsible for their own utilities. Plus, the cost of water, trash, and sewer is included in the manageable $370 bill every 2 months. As an added bonus, the laundry facilities generate approximately $110 per month in extra income and the garage an income of $200/M. Situated on a corner lot with a fenced yard, this property enjoys a prime location close to the vibrant Six Corners street, offering easy access to stores, highways, Portage Park, and schools. The conveniences of city living are right at your doorstep. It's an opportunity that commands your attention - whether you're an investor looking for a property that practically manages itself or a homeowner seeking a spacious and well-maintained residence. The Seller is willing to pay the rate down at closing to a buyer with under 20% down payment at 0.5 Points and to a buyer with 20% or more down payment at 1 point. It all depends on the eligibility of the individual and if you need a lender I have a point of contact. Surveillance cameras are in place to enhance security. Don't miss out on this chance to own a gem in a desirable locale. You will love it! Come and see it!!!

MLS# 11905888Listed October 11, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms17

Size & Structure

Garage Spaces2
Year Built1989
Lot Size0.070 acres

Location

CountyCook
TownshipJefferson
Zip Code60641

Financial

List Price$650,000
Original Price$670,000
Annual Taxes (2021)$10,061
Monthly Tax Est.$838
Parcel #13212050010000
Interior Features

Heating

Natural GasSep Heating Systems - 2+

Basement

FinishedExterior EntryFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet PavedOther
Tax & Financial
Annual Taxes
$10,061
Tax Year 2021
Monthly Tax Est.
$838
per month
Price Reduced by $20,000
Original list price: $670,000
Property Location

5057 Dakin Street, Chicago, IL 60641Cook County

$650,000
5057 Dakin Street
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
117 days on market
2-car garage
0.070 acres
$10,061/yr taxes
Price reduced $20,000
$4,254
estimated monthly payment
Principal & Interest
$3,416/mo
Property Tax
$838/mo
$650,000
20% — $130,000
3%50%
6.875%
3%12%
Loan Amount
$520,000
Down Payment
$130,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Homesmart Connect LLC
Agent: Ioana Todericiu
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