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About This Home
This 5-bedroom, 3-bathroom residential multi family at 5008 W Strong Street in Chicago, IL is listed for $659,900. Built in 1921, on a N/A lot.
Fantastic investment opportunity on a quite tree lined street of Jefferson Park. Legal 3 flat perfect for an investor or live in owner looking to invest in themselves. Get the best of both worlds with a wonderful mix of vintage charm and modern conveniences.
Kitchens and baths have been remodeled a while ago but very nice. Two 2-bedroom 1 bath units plus a large 4 room one bedroom on top floor. Enclosed back porches and lots of extra storage. All units have separate furnaces. Located in a quiet little neighborhood of Jefferson Park near Beaubien School and perfectly situated with easy commuter access to I-90 off Lawrence or hop on the Blue Line or Metra train just a couple blocks away.
Still, plenty of opportunity to expand... additional potential square footage in the full high basement. Brand new 2 car garage and a nice, fenced yard. Rents $1900. 1st floor, $1800. 2nd floor, $1550. 3rd floor and $250 for garage with a total of $5500. monthly or $66,000 yearly gross less expenses of $18522. equals a net income of $47128. A 7% return on a cash-on-cash investment. Property in good condition and being sold "as is'". Any questions, offers or concerns contact Norbert Mika. See agent remarks.
Key Features
- Built in 1921
- 2 parking spaces
Property Details
Monthly Cost Estimate
$3,529/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5008 W Strong Street
Chicago, IL 60630
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 5008 W Strong Street is listed at $659,900. The estimated monthly payment is $2,860 based on 20% down at 6.5% interest.
Key features include: Built in 1921, 2 parking spaces.
This property is listed by Matthew Mika or matt.mika@compass.com.
Matthew Mika
Agent at Compass








