Closed

$449,500

5232 Hutchinson Street, Chicago, IL 60641
7 Beds3 Baths12 days
5232 Hutchinson Street·Chicago, IL 60641
7Bedrooms
3Bathrooms
1916Year Built
About This Home

Classic brick Portage Park two-flat on a 35x125 landscaped lot with 2-car garage and well-kept yard, 7 bedrooms, 3 baths. Investors, flippers and the investment-minded, take note! Add your own decorating spin and rent both units for profit, or live in the duplex-down and draw extra income from the 2nd flr apt.Estate Sale- As is- Similar Bldg-sold in May for $570,000 - others nearby in the low $600s.Vintage appeal: original woodwork, molding, doors and trim, formal dining rooms with built-ins. Large rooms, high ceilings, bay windows. Hardwood floors under carpeting. Long-term owner called home, trustee has priced in as is condition after necessary repairs in basement were completed. Units will require updating. Building updates include new vinyl windows thruout (2017), gas furnaces (2016), hot water tank (2017). Roof repair and tuckpointing (2013). 2nd floor 1400 sf 3bdr/1bth with a front balcony, and a spacious 2400sf 4 bdrm-2bth duplex down. Bldg #2 is vacant w/duplex tenant #1 leaving shortly . Pro forma value with updates on #2 is $1900 / month and on 1st floor duplex is $2800. Tenants pay all utilities. Ideal location both for commuting and comfortable living. Blue Line, Metra, I-90 and I-94 all close by. Nearby Portage Park school. Easy walk to neighborhood restaurants/bars and historic Portage Park, where you can take in its Olympic-sized pool and myriad recreational offerings. Do not miss out on this!

MLS# 11871564Listed August 28, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1916
Lot Size35 X 125

Location

CountyCook
TownshipJefferson
Zip Code60641

Financial

List Price$449,500
Annual Taxes (2021)$2,370
Monthly Tax Est.$198
Parcel #13163110250000
Interior Features

Heating

Natural GasForced Air

Basement

Partially FinishedPartial
Exterior & Lot

Construction

Brick

Roof

Rubber
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

ParkPoolTennis Court(s)
Schools
Elementary
Portage Park Elementary School
District: 299
Middle School
Portage Park Elementary School
District: 299
High School
Schurz High School
District: 299
Tax & Financial
Annual Taxes
$2,370
Tax Year 2021
Monthly Tax Est.
$198
per month
Property Location

5232 Hutchinson Street, Chicago, IL 60641Cook County

$449,500
5232 Hutchinson Street
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
12 days on market
2-car garage
35 X 125
$2,370/yr taxes
$2,560
estimated monthly payment
Principal & Interest
$2,362/mo
Property Tax
$198/mo
$449,500
20% — $89,900
3%50%
6.875%
3%12%
Loan Amount
$359,600
Down Payment
$89,900

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

Listed by
Telequest Corp.
Agent: Chester Jakala
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