5445 N MAGNET Ave, Chicago, IL 60630

Beds
6
Baths
3
Garage
Yes

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Listed byCompass
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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 $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.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
6
Number of bathrooms
3
Lot size (acres)
0.08
Year built
1921

Garage and parking

Garage parking spaces
2

Utilities

Heating
Forced Air, Natural Gas, Space Heater
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Insurance
$243

Taxes

Tax Annual Amount (2024)
$8,240.35

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12677202 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.