5558 N Mango Ave.

5558 N Mango Ave., Chicago, IL 60630

Sold for $525,000 on 9/07/22


Beds Baths Built Sq.Ft. Garage Taxes On Market
5 1954 2 $6,996 693 days

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.

Listing courtesy of Compass


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
Email  

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2024 Midwest Real Estate Data LLC. All rights reserved.