Sold for $570,000 on 4/01/24
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 5 |
— |
1945 |
— |
2 |
$8,233 |
127 days |
Nice corner brick 2 flat with additional in law apartment in basement. All are spacious apartments including basement. 1st and 2nd floor units have formal dining rooms. All separate utilities. 1st and 2nd floor have gas hot water boilers - basement has a gas forced air furnace and central air. Kitchens and baths have been updated a while ago and in decent condition. Nice yard and a 2 car. Flood control too! Good rents make this a great investment. Owner pays only for taxes, insurance, water and sewer. Income for Rents plus $75 a month for laundry = $52740. yearly income - a 10.4 gross multiplier. Net income after expenses $10908 = Net income of $40832. or a 7.42% return CAP RATE. All tenant occupied. First showings Friday 1/5/2023. 4:30 - 6PM. Tenant occupied 48-hour minimum notice and no appointments after 7PM. Schedule appointments through showing assist.
Listing courtesy of Compass
5600 N Mango Ave. is a multi-unit home built in 1945, and is located in Chicago, IL, in the Jefferson Park neighborhood. It has 5 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $8,233.
Marco Amidei
(888) 32-Marco (847) 630-4886
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