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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$589,900

Est. payment - /mo

6 Beds

3 Baths

3,484 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12677202

Style Colonial

Bedrooms 6

Year Built 1921

Annual Tax Amount $8,240

Tax Year 2024

Lot Size 3,484 Sqft

Lot Dimensions 30 X 125

Property Sub-Type Two to Four Units

Property Description

Updated 2 flat with extra basement non-conforming apartment. All electric, plumbing and HVAC were updated approximately 8 years ago along with some kitchens and bathrooms. Nice size apartments first and second floors have 2 bedrooms. Extra tandem bedroom on 1st floor. Basement is 4 room 2 bedrooms. Nice yard and a 2 car garage. Rents: Non-conforming garden $1250. Includes all utilities. 1st floor: $1800. 1st floor pays utilities and receives a $100. credit for basement utilities so they pay $1700. net rent. 2nd floor: $1595. They pay their own utilities. Garage $300. Rented to someone not living in property Mo. to Mo. Total income $4845. a month $58140 gross yearly less $12444. expenses or $45696. Net income or 7.74% return!! Great investment.

Location

State IL

County Cook

Area Chi - Jefferson Park

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air, Space Heater

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Sidewalks

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Matthew Mika of Compass

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

5445 N MAGNET AVE Chicago, IL 60630

Rich Ayers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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5445 N MAGNET AVE