Chicago, IL 60639,5950 W SCHUBERT AVE
Chicago, IL 60639,5950 W SCHUBERT AVE
Chicago, IL 60639,5950 W SCHUBERT AVE
9
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$750,000
Est. payment /mo
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8 Beds
4 Baths
New

5950 W SCHUBERT AVE Chicago, IL 60639

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12487165

Bedrooms 8

Year Built 1956

Annual Tax Amount $6,333

Tax Year 2023

Lot Dimensions 3903

Property Sub-Type Two to Four Units

Property Description

Prime Belmont Cragin 4-unit apartment building with two (2) additional non-conforming units, offered for the first time in over 24 years. Unit mix includes four (4) 2BD/1BA and two (2) non-conforming 1BD/1BA garden layouts. Apartments feature hardwood flooring in living areas, with kitchens and baths finished in rental-grade materials including wood cabinetry, laminate countertops, and white appliances. Tenants pay their own cooking gas and electric, except Unit 1W and the non-conforming units. Boiler heat is owner-paid. Property highlights include separately metered electric, two Rheem hot water heaters (2020 & 2023), vinyl windows (within last 15 years), and a mix of copper and galvanized plumbing. Additional amenities include building-owned coin laundry and a two-car garage providing supplemental income. Current rents remain well below market, offering a clear value-add opportunity through rent increases and unit modernization.

Location

State IL

County Cook

Area Chi - Belmont Cragin

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Full

Interior

Heating Forced Air, Indv Controls

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Adam Max of  Compass 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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5950 W SCHUBERT AVE