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5141 N Springfield Avenue

Chicago, IL 60625
  • $599,900
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 11368846
UPDATED: 27 min ago
$599,900
  • 5
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:
School District:
299

Description

Spacious & bright, legal 3-unit on quiet street in Albany Park close to Gompers Park! This building features (2) 2 bedroom, 1 bath units, each with large living room, great closet space & eat-in kitchens! The owner's unit (top floor, #2) has been refreshed with new kitchen and bath and enjoys hardwood floors throughout. The spacious 1 bedroom garden apartment also enjoys eat-in kitchen and large living/dining room. All units get great light from many windows & exposures. Common laundry on-site plus storage. Stable, long-term, wonderful tenants are already in place in units 1 and B - use the owner's unit as your own home and have tenants help pay your mortgage...or rent that out for a fully rented building at a strong return rate. Market rate rent projection for a fully rented building is between $3,800-3,950/month with garage. Large, back patio/yard and 2+ car garage (tons of room for a workshop, motorcycle storage, bike storage, etc). Separate heat and utilities and laundry on-site. Newer roof, tuckpointing, windows...all in a great location near Gompers Park, Jewel, dining/shops, Northeastern and North Park Universities and more. Seller offering $5,000 close cost credit that buyers can use to buy down their interest rate. Come home!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2022-05-17T20:00:05.32 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5141 N Springfield Avenue Chicago, IL 60625

  • Price: $599,900
  • Status: Active
  • On Site: 39 Days
  • Updated: 27 min ago
  • MLS #: 11368846
5
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Chi - Albany Park
County:
Cook
Area:
Chi - Albany Park
Elementary School:
Volta Elementary School
Middle School:
Volta Elementary School
High School:
Roosevelt High School
School District:
299
Property Description
Spacious & bright, legal 3-unit on quiet street in Albany Park close to Gompers Park! This building features (2) 2 bedroom, 1 bath units, each with large living room, great closet space & eat-in kitchens! The owner's unit (top floor, #2) has been refreshed with new kitchen and bath and enjoys hardwood floors throughout. The spacious 1 bedroom garden apartment also enjoys eat-in kitchen and large living/dining room. All units get great light from many windows & exposures. Common laundry on-site plus storage. Stable, long-term, wonderful tenants are already in place in units 1 and B - use the owner's unit as your own home and have tenants help pay your mortgage...or rent that out for a fully rented building at a strong return rate. Market rate rent projection for a fully rented building is between $3,800-3,950/month with garage. Large, back patio/yard and 2+ car garage (tons of room for a workshop, motorcycle storage, bike storage, etc). Separate heat and utilities and laundry on-site. Newer roof, tuckpointing, windows...all in a great location near Gompers Park, Jewel, dining/shops, Northeastern and North Park Universities and more. Seller offering $5,000 close cost credit that buyers can use to buy down their interest rate. Come home!
Exterior Features

Exterior Building Type BrickBlock Exterior Features PatioBrick Paver PatioStorms/Screens Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Oversized Chicago Lot Multi Family Type 3 Flat Other Structures Garage(S) Parking Details Garage Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasBaseboard Rooms Total 11

Property Features

Age 61-70 Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 3950 Insurance Expense 2400 Mls Actual Status Active New Construction YN No Other Equipment Ceiling Fan(S) Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 6804.83 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 3950 Township Jefferson Type Two To Four Units Water Source Lake Michigan Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2022-05-17T20:00:05.32 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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