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5445 N Magnet Ave

Chicago IL 60630

6
3
2
0.08 ac.
Multi-Family
Currently for sale - view listing

Overview

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 $1000. Includes utilities. 1st floor: $1700. They pay utilities and receives a $100. credit for basement utilities so they pay $1600. 2nd floor: $1425. They pay utilities. Garage $275. Rented to someone not living in property Mo. to Mo. Total income $51600. less $10714 expenses $40886. Net income or 7.43% return!! Great investment.

Features

6 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
0.08 ac. lot size
Multi-Family

Property history for 5445 N Magnet Ave

2016
Sold
$290,000
28 Oct 2016 by Anita Janczewski, of Chicago Area Realty Inc

Happy sellers in Chicago

95%
95% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Chicago over the last 12 months.

Local market activity for 6 bedroom multi families in Chicago

In the last 12 months, 15 six-bedroom multi families similar to 5445 N Magnet Ave, have been sold.

This represents a 40% increase in six-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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