5633 N Meade AVE Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60646
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12171558
Bedrooms 6
Year Built 1925
Annual Tax Amount $7,817
Tax Year 2022
Lot Size 3,484 Sqft
Property Description
Finally: A true turnkey rental property. No massive renovation needed. Live offsite and collect the full income each month or live in the renovated 2flat with a second income producing unit. Each unit is a legal 3bedroom with modern upgrades, including brand new kitchen appliances, countertops, cabinets, washer, dryer, HVAC, windows, and electric rewire. This isn't just a surface-level paint-job; the owner has put in substanial improvements so that the property can coast on minimal maintenance for the next decade in this highly sought neighborhood. High pride-of-ownership up and down the wide, tree-lined streets. Easy street parking, onsite 2-car garage, good schools, nearby forest preserves, great walkability scores, and also close access to the CTA, Metra, and highways. Enjoy peace of mind for years to come, from the broad, unflooded basement to the top of the attic. Both spaces have high enough ceilings to make into duplexes, or leave as abundant storage space. The flexibility of this property means that even if in 5 years you move out, the rental income can keep chugging along here on nearly autopilot. Check your comps and you will see, this one is going to fly.
Location
State IL
County Cook
Area Chi - Norwood Park
Zoning MULTI
Interior
Heating Natural Gas,Forced Air
Exterior
Garage Detached
Garage Spaces 2.0
Community Features Curbs,Sidewalks,Street Lights,Street Paved
Waterfront false
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Hitch Elementary School
High Schools Taft High School
School District 299 ,299, 299
Others
Special Listing Condition None