Veterans United Realty
3 Photos

116 5th Street, Wilmette, IL 60091

$695,000 Asking Price

4 beds
3 baths
2,134  sqft
Built in 1913

This property presents a prime opportunity for investors looking to capitalize on its potential. Sold in its current condition, this home is not habitable and requires continued renovation to reach its full potential. Renovations have been initiated, including a new tear-off roof installed in 2019, updated siding, and a freshly sodded backyard adorned with brick pavers also in 2019. However, further work is needed including completing the kitchen and replacing the heating system. The original heating setup utilized radiators and radiant baseboards, necessitating an upgrade to modern standards that would include cental a/c. Located in a prominent neighborhood, this property offers substantial upside for those with vision and resources to restore it to market readiness. Cash deals are preferred due to the property's condition. Don't miss out on this opportunity to turn potential into profit.


Listing Status:
Active
Date Added:
June 24, 2024 — 6 days ago
Listing Office:
United Real Estate-Chicago, Kywana Ross (773-655-7209)
Office Phone:
773-655-7209
MLS ID:
12092646

Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
Full
A/C:
None
Heating:
Natural Gas, Radiant
Disability Feature:
None

Exterior

General:
Vinyl Siding, Deck, Porch
Parking:
Garage, Parking spaces: 2

Construction

Roofing:
Asphalt
General:
2 Stories

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
39
County:
Cook

Lot

Zoning:
05353030260000

Utilities

Water:
Lake Michigan,Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2% - $495

This listing courtesy of:
United Real Estate-Chicago, Kywana Ross

About Wilmette, IL

Housing

Number of Units
9,730
Median Home Value
$710,696
Median Rent
$1,415

11.95% of housing units are renter occupied.

5.48% are vacant.

Commute

Car
37.97%
Public Transportation
13.19%
Walk to Work
1.61%
Work from Home
45.62%
Other
1.38%

The median travel time to work is 21 minutes.

People

Population
26,710
Median Age
44.90
Median Household Size
2.84

Education

High School
4.28%
Associate’s Degree
2.59%
Bachelor’s Degree
32.90%
Graduate Degree
51.62%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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