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853 W 53rd Street

Chicago, IL 60609

8 beds
3 baths
– sqft
1895 build
– on site

Welcome to this impressive investment opportunity! This large 3-unit brick building, situated in a prime location. Units 2 and 3 each feature 3 bedrooms, a large living room, a full dining room, a kitchen. Central air in Unit 3 and 1; while Unit 1 offers 2 bedrooms with the same generous living space its own in-unit laundry. The property was rehabbed 8 years ago with updates to plumbing, electricity, furnace (1st fl Updated Furnace 3 years ago) Roof 7 years old, 2023 new windows in all building but the Porch. Consistently well-maintained mechanicals. The garage with 2023 new roof. The unfinished basement presents significant potential for extra income. Rental rates in this area range from 1,200 to 1,500, and the entire building can generate up to 3,700+ in rental income per month. Situated on a double lot on a corner, ample parking space is available. Currently occupied by long-term tenants who will be vacating if buyer request. Selling AS IS! MOTIVATED SELLER!

Listing courtesy of MRED / Realty of Chicago LLC as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 17, 2024 •

MLS# 12179376 —

The Building

Year Built:

1895
Rebuilt:

No
New Construction:

false
Roof:

Asphalt, Flat
Basement:

Full
Other Equipment:

Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas

Interior

Rooms Total:

17
Room Type:

Enclosed Porch

Location

Directions:

Halsted to 53rd Street West
Location:

87952

The Property

Parcel Number:

20084200020000
Property Type:

Residential Income
Location:

A
Lot Features:

Corner Lot, Fenced Yard
Lot Size Dimensions:

3480
Waterfront:

false
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

3808.01

Beds

Bedrooms Total:

8
Bedrooms Possible:

8

Baths

Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Radiant

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Sherman Elementary School
Elementary School District:

299
Middle Or Junior School District:

299
High School:

Tilden Career Communty Academy S
High School District:

299

Parking

Parking Total:

2.5
Garage Type:

Detached
Garage Spaces:

2.5
Garage Onsite:

Yes
Garage Ownership:

Owned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/2/24 Oct 2, 2024	Listed / Active	MRED	$429,900	1854.1% (188.1% / YR)
11/25/14 Nov 25, 2014		MRED	$22,000

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This multifamily located in Southwest Side, Chicago, IL 60609 is currently for sale for $429,900. 853 W 53rd Street is a – square foot multifamily with 8 beds and 3 baths that has been on Estately for 80 days. 853 W 53rd Street is in the Southwest Side neighborhood of Chicago and has a WalkScore® of 58, making it somewhat walkable. This multifamily is in the attendance area of William T Sherman Elementary School and Tilden Achievement Academy High School.

Listing courtesy of MRED, Realty of Chicago LLC, and Hugo Sandoval as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Dec 17, 2024, 05:20 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.