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$ 598,000

Est. payment -/mo

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5633 N Meade AVE Chicago, IL 60646

6 Beds

3,484 Sqft Lot

UPDATED:

09/29/2024 05:07 AM

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

Lot Dimensions 3720 SQ FT

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

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

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

Ownership Fee Simple

Special Listing Condition None

Listed by Richard Harnik • First Midwest Realty LLC

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