$495,000
$489,900
1.0%For more information regarding the value of a property, please contact us for a free consultation.
5335 N MAGNET AVE Chicago, IL 60630
5 Beds
3 Baths
Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Gladstone Park
MLS Listing ID 11379848
Sold Date 06/14/22
Style Colonial
Bedrooms 5
Year Built 1925
Annual Tax Amount $6,070
Tax Year 2020
Lot Dimensions 3,300 SQ FT
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. Both 5 room 2 bedroom one bath apartments and sharp looking 1 bedroom in basement. 2 car garage and ample rear yard area. First floor rent is gross at $1415 that pays the heat for the basement so seller gives a $60 credit netting rent to $1355. Garage $200 month to month. $75 laundry. Net income yearly $38642. - 8% 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. Original price was a typo error by listing broker. $489,900 is correct list price.
Location
State IL
County Cook
Area Chi - Jefferson Park
Zoning MULTI
Rooms
Basement Full, Walkout
Interior
Heating Forced Air
Fireplace N
Exterior
Exterior Feature Patio
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Mark Malave • American International Realty