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5600 N Mango Avenue

Chicago, IL 60646
  • $549,900
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • MLS #: 11951775
Under Contract
UPDATED: 22 min ago
$549,900
  • 5
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

School District:
299

Description

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.

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© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-29T14:00:43.093 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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5600 N Mango Avenue Chicago, IL 60646

  • Price: $549,900
  • Status: Active Under Contract
  • On Site: 61 Days
  • Updated: 22 min ago
  • MLS #: 11951775
5
Beds
0
Baths
0
½ Baths
0.09
Acres
1945
Built
Neighborhood:
Chi - Jefferson Park
County:
Cook
Area:
Chi - Jefferson Park
School District:
299
Property Description
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.
Exterior Features

Exterior Building Type Brick Exterior Features Storms/Screens Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Corner Lot Lot Size Oversized Chicago Lot Multi Family Type 2 Flat Parking Details Garage Parking Total 2 Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasBaseboard Room Type Utility Room-Lower Level Rooms Total 13

Property Features

Additional Parcels YN No Age 71-80 Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show No - has seller written direction Corporate Limits Chicago General Information None Gross Income 52740 Insurance Expense 2495 Mls Actual Status Contingent Net Operating Income 40832 New Construction YN No Other Additional Income Coin Laundry Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 8233 Tax Year 2021 Total Numberof Unitsin Building 3 Total Rental Income 4320 Township Jefferson Type Two to Four Units Water Source Lake Michigan Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 312-319-1168.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-29T14:00:43.093 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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