1. Illinois
2. Chicago
3. 5950 W SCHUBERT Avenue

5950 W SCHUBERT Avenue, Chicago, IL 60639

• 8 beds |
• 4 baths

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.

Listing Status:

Active

Listing Office:

Compass : 847-361-3756

Listing Agent:

Adam Max : 847-361-3756

MLS ID:

12487165

Interior

• Basement: FinishedExterior EntryFull
• Heating: Forced AirIndv Controls

Exterior

• Parking: On SiteGarage OwnedDetachedGarageParking spaces: 2

Construction

• Roofing: Asphalt
• General: Concrete Perimeter

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI13294000180000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Adam Max, Compass