Chicago, IL 60630,5558 N Mango AVE
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Chicago, IL 60630,5558 N Mango AVE
Chicago, IL 60630,5558 N Mango AVE
Chicago, IL 60630,5558 N Mango AVE
Chicago, IL 60630,5558 N Mango AVE

$525,000

Est. payment /mo
Est.Price: ?

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5558 N Mango AVE Chicago, IL 60630

5 Beds

SOLD DATE : 09/07/2022

Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Jefferson Park Place

MLS Listing ID 11432243

Bedrooms 5

Year Built 1954

Annual Tax Amount $6,996

Tax Year 2020

Property Description

Corner brick 2 flat plus additional unit in the basement. Built in 1954. All apartments were completely redone in 2012 with new kitchens, baths, hardwood floors, separate gas forced air heating with central air. 4 electric meters nice fenced yard with patio and a 2 car brick garage. Basement unit is non-conforming FHA will not work. 1st floor rented at $1450. lease expires 5/31/2024 BUT there is a 60 day cancellation option if someone wanted this apartment. 2nd floor is leased through 5/31/2023 $1450. Basement is empty but for rent at $1250. Garage is rented at $250. Laundry about $100. per month. Potential income when fully rented $4500. month yearly $54000. Taxes $6996. Water $2400. Electric $420. Insurance $1164. Total expenses $10980. net income $43020. That's an 8% return! All apartments have separate gas forced air furnaces and central air. Tenants request all wear masks.

Location

State IL

County Cook

Area Chi - Jefferson Park

Zoning MULTI

Interior

Heating Baseboard

Exterior

Exterior Feature Patio, Storms/Screens

Garage Detached

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights

Waterfront false

Roof Type Asphalt

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Matthew Mika • Compass
Bought with Patrick Linden • RE/MAX NEXT

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