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Listing Details

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MLS #
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Built
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School Ratings & Info

School District
299

Description

Turnkey all brick Legal 3 Unit! Immaculately maintained by the same owners for 48 years. Beautiful hardwood flooring in the 2nd and 3rd units with fresh carpet in the 1st unit. Large bedroom sizes, large living rooms and massive kitchens make for extremely easy to rent units. The owners haven't had a vacancy in many years due to extremely high demand! House has a newer 2 car garage. Two of the 3 furnaces are 5 years old and one is new last year. Plenty of room to raise rents (Pro-Forma rents: $1500/$1500/$1200). Extremely low taxes for instant cash flow. This will not last!

Sold by Chicagoland Brokers, Inc..

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© 2021 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-05T10:51:54.19 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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5954 S Narragansett Avenue Chicago, IL 60638

  • Price: $429,900
  • Status: Closed
  • Updated: 63 min ago
  • MLS #: 11090041
7
Beds
0
Baths
0
½ Baths
0.12
Acres
1962
Built
Neighborhood:
Chi - Clearing
County:
Cook
Area:
Chi - Clearing
School District:
299
Property Description
Turnkey all brick Legal 3 Unit! Immaculately maintained by the same owners for 48 years. Beautiful hardwood flooring in the 2nd and 3rd units with fresh carpet in the 1st unit. Large bedroom sizes, large living rooms and massive kitchens make for extremely easy to rent units. The owners haven't had a vacancy in many years due to extremely high demand! House has a newer 2 car garage. Two of the 3 furnaces are 5 years old and one is new last year. Plenty of room to raise rents (Pro-Forma rents: $1500/$1500/$1200). Extremely low taxes for instant cash flow. This will not last!
Exterior Features

Exterior Building Type Brick Garage On Site Yes Garage Ownership Owned Garage Type Detached Number Of Cars 2 Parking Garage Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 3 Waterfront YN No

Interior Features

3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorWasherDryer Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Basement Full Basement Description Finished Bathrooms Total Integer 5 Bedrooms Below Grade 0 Bedrooms Possible 7 Full Baths In Building 3 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Half Baths In Building 2 Half Baths In Unit1 0 Half Baths In Unit2 1 Half Baths In Unit3 1 Heating Natural Gas Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 3 Number Of Rooms Unit1 4 Number Of Rooms Unit2 7 Number Of Rooms Unit3 7 Rooms Total 18

Property Features

Age Description 51-60 Years Built Before1978 YN Yes Corporate Limits Unincorporated General Information None Lease Exp Date Mo Yr Unit1 M/M Lease Exp Date Mo Yr Unit2 M/M Lease Exp Date Mo Yr Unit3 M/M Lot Size Less Than .25 Acre Lot Size Dimensions 5460 New Construction YN No Property Sub Type 3 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 710 Security Deposit Unit2 945 Security Deposit Unit3 1100 Sewer Public Sewer Short Sale Not Applicable Special Assessments N Special Listing Conditions None Special Service Area N Tax Annual Amount 3540.53 Tax Year 2019 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Tenant Pays Unit3 ElectricGas Total Rental Income 33060 Unit1 Rent 710 Unit2 Rent 945 Unit3 Rent 1100 Water Sewer Expense 1200 Water Source Lake MichiganPublic

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Exp Realty, Llc.


© 2021 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-08-05T10:51:54.19 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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John Lyons Real Estate | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60614