5311 S ELLIS Avenue

Chicago, IL
$ 839,000 Beds 9 Baths 4.5 Virtual Tour
Monthly Estimate* How much can I afford?

This property is VACANT and EASY TO SHOW! Rare 3 unit brick Multi-Family building for sale in desirable Hyde Park. There is the potential to convert/add a 4th unit in the basement--there is already a separate entrance, or you can duplex down on the First Floor to create a new living space. Stunning 2019 remodel includes all the bells and whistles. Each unit has 3 spacious bedrooms, a full bath and a half bath. Kitchens are light and bright and include all new white cabinets, quartz countertops and new stainless steel appliances. New plumbing in all bathrooms and kitchen. Newly rewired electrical and new electrical fixtures throughout. New bathrooms include new vanity, toilets and tub and plumbing fixtures. New doors, casing, trim and drywall throughout. Beautifully refinished original hardwood floors. Refinished staircase and common hallways include new light fixtures. Each unit has its OWN furnace/HVAC--No central boiler. The spacious backyard is perfect for entertaining or relaxing and includes a detached 2 car garage. Newer back porch. Quiet, tree lined street with 172 University of Chicago/Kenwood CTA bus stop right outside your front door. Fantastic location is steps to the University of Chicago and U of Chicago Hospital and all the great restaurants and culture that Hyde Park has to offer. Purchase as an investment or live in one unit and rent the other two. You select your own tenants. Seller appealed the recent tax bill and won, so the property taxes will be REDUCED!! HVAC violation has been cleared.

Contingent

  • Price
  • $ 839,000
  • Lot Size
  • Bedrooms
  • 9
  • Full Bathrooms
  • 3
  • Year Built
  • 1913
  • Half Bathrooms
  • 3
  • City, Zip
  • Chicago
  • Taxes
  • 9825
  • County
  • COOK
  • Style
  • Area
  • CHI - Hyde Park
  • MLS#
  • 10961383
  • Zip
  • 60615
Listing Provided by: Compass

Features

General

Contingency Attorney/Inspection
Elementary School District 299
Exterior Features Balcony
Heating Natural Gas
High School District 299
Middle/Junior School District 299
New Construction No
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active Under Contract
Zoning MULTI

Interior Features

Basement Unfinished
Basement Full
Bedroomspossible 9
Full Baths Building 3
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Half Baths Building 3
Half Baths Unit 1 1
Half Baths Unit 2 1
Half Baths Unit 3 1
Total Baths 6
Total Bedrooms 9

Exterior Features

Exterior Brick
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 25' BY 125'
Water Source Public

Room Details

Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Dekalb, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/2/2021 Listed $839,000

Property vs Zip Code Average in 60615

Price
AVG $250K
$840K
Taxes
AVG $3,902
$9,825
Visits
AVG 73
38
Year Built
AVG 1938
1913
Walkscore
AVG 80
84
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

5311 S ELLIS Avenue Chicago, IL is a Single Family Home for sale at $839000 and a lot size of Acre(s). 5311 S ELLIS Avenue Chicago has 9 bedrooms, 3 baths and was built in 1913. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.