5638 N PARKSIDE AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60646
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12411246
Style Other
Bedrooms 5
Annual Tax Amount $7,477
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Jefferson Park very nice 2 flat with extra in law suite in basement. Separate gas forced air furnaces with central air. Updated cabinets in kitchens and nicely tiled baths. Refinished hardwood floors. 6 room 3 bedroom one bath apartment on 1st floor. Sharp looking 5 room 1 bedroom + office on 2nd floor and a nice open/spacious 1 bedroom unit in basement. 2 car garage and a very nice yard in rear. Flood control system too! First floor was rented $1700. Lease expired now vacant for new owner. Actual rent was $1750 and owner would provide a $50 credit to tenant since their unit supplies heat and AC for garden unit. Second floor nice 1 bedroom plus office $1275. leased till 8/31/2025. Garden apartment open space 1 bedroom $985. leased till 8/31/2025. Owner provides a $20 credit off rent since common area electric is on his bill. Net rent $965.Owner pays small gas bill for utility/laundry and garden apt stove. Space heater in garden is inoperative. Heat supplied from 1st floor furnace. Garage $250 month to month. $75 laundry. Potential gross income with 1st floor rented $4285. monthly $51420. Expenses $11817. Potential Net income (with 1st floor rented) yearly $39603. - 7.2% rate of return!! Near Milwaukee, Central and Foster intersection. Perfect convenient location near all kinds of public transportation and shopping. Minutes to expressways to the loop or airport. Basement is non-conforming sorry no FHA loans. Zoning certificate as 2 unit. Any questions or concerns or offers please contact: Norbert Mika text or email preferred.
Location
State IL
County Cook
Area Chi - Jefferson Park
Zoning MULTI
Interior
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+
Exterior
Garage Spaces 2.0
Community Features Park,Curbs,Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Farnsworth Elementary School
Middle Schools Farnsworth Elementary School
High Schools Taft High School
School District 299 ,299, 299
Others
Special Listing Condition List Broker Must Accompany