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.
Listed By
Agency Name: Compass
Agency Phone: 312-319-1168
Shown By
Agent Name: Tom Ewing
Agent Phone: Cell: (815) 703-6677
Agency Title: Gambino Realtors
Estimated Payment
$ 3,538.23 per month $2,679.51 Principal & Interest $686.67 Property Tax $172.05 Homeowner's Insurance
5445 N Magnet Avenue | MLS# 12677202
This multi-family property located at 5445 N Magnet Avenue , Chicago, IL 60630 is currently listed for sale with an asking price of $589,900. N Magnet Avenue is located within the District 299 school district. Search Chicago real estate on tewing.gogambino.com today.