5941 West Chicago Avenue

Chicago, IL 60651

$429,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Investment property! Newly remodeled apartments and businesses are clean and operational. Generates over $4k a month, super low taxes and very minimal maintenance expenses.Great Investment property! Newly remodeled apartments and businesses are clean and operational. Generates over $4k a month, super low taxes and very minimal maintenance expenses.
  1. Listed by Edward Lukasik • RE/MAX Professionals

Property Details for 5941 West Chicago Avenue

Area
CHI - Austin
Township
West Chicago
LISTING UPDATED: 10/08/2024 08:19 AM

Property Details for 5941 West Chicago Avenue

StatusActive
MLS #12102807
Days on Market141
Taxes$4,895 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1916
Lot Size0.11 AC / 4,680 SF
CountyCook County

Building Information for 5941 West Chicago Avenue

Stories2Residences4Year Built1916Lot Size0.11 AC / 4,680 SF

Property Information for 5941 West Chicago Avenue

General Information
Location and General Information
  • Geographic Locale: East/West Corridor
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • Heat/Ventilation: Central Bldg Heat
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X20
  • Lot Size Square Feet: 4680.0
  • Stories: 2
  • Fire Protection: Alarm Monitored,Fire Extinguisher/s,Partially Sprinklered
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 25
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $800.00
  • Fuel Expense: $.00
  • Gross Income: $4,400.00
  • Gross Scheduled Income: $48,000.00
  • Insurance Expense: $1,000.00
  • Electric Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Other Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 4400
  • Water Expense Source: Broker Projection
  • Other Expense: $.00
  • Trash Expense: $400.00
  • Water Sewer Expense: $500.00

Property History for 5941 West Chicago Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5941 West Chicago Avenue

Taxable ValueLand$4,446Additions$11,554Total$16,000
Tax Record2022$3,291 ($274 / month)
Home Facts
Baths5.5Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtStories2Lot Size4,680 SqFtStyleMulti-Family Res (5+ Units)Year Built1919CountyCOOKAPN16-08-200-007

Schools near 5941 West Chicago Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Austin College and Career Acad High School
Public9 to 12

Douglass Academy High School
Public9 to 12

Catalyst Circle Rock Elementary School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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5941 West Chicago Avenue is a mixed use property for sale in Chicago, IL 60651. This property was listed for sale on July 5, 2024 by RE/MAX Professionals, it's currently listed at $429,000. It has been on the market for a total of 141 days and was last sold on December 5, 2014. This listing's school district is Chicago Public Schools. Nearby schools include Brunson Math & Sci Specialty Elementary School, Austin College and Career Acad High School and Douglass Academy High School. 5941 West Chicago Avenue is a 0-bed, 0-bath, mixed use property built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Professionals

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/08/2024 08:19 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.