5905 W Higgins Avenue

Chicago, Illinois 60630

Stacy Karel

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Property Type
Multiple Family

FANTASTIC all brick, 6 unit building in desirable and quiet Jefferson Park neighborhood. Long time owner and tenants. Rents are under market rate. There are 4 1BR/1BTH apartments (1st & 2nd floors) with spacious living rooms, eat-in kitchens with table space and large bedrooms. The 1BRs have hardwood and parquet floors. The are 2 studio apartments (garden level) with spacious living/sleeping spaces and eat-in kitchens with table space. All the bathrooms have ceramic tile finishes. Each unit has its own individual water heater and individual boiler so the tenants pay ALL their own utility bills. One coin operated washer and dryer are located on premises for additional income. There is a wonderful South facing back yard and patio. 5 outdoor parking spots are included. Walk to parks, dining, cafes, shopping, the Metra and Blue line. Easy access to I-90. Great investment property. At 4.5% interest with 25% down payment, this building is cash flow positive even with below market rents.

Full Features
Exterior Type: Brick
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $7,160
Built: 1955
Parking Spaces: 5
Cooling System: Window Unit/s
Stories: 2
Roof: Shingle Composition
Current Use: Residential-Multi-Family
Potential Use: Residential-Multi-Family
Zoning: MULTI
Current Net Income: $37,952
Unit 1: 3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2: 2 room(s) / 0 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $7,160

Listing Office: Keller Williams Preferred Rlty

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Nearby Public Transportation

CTA Rail

at Jefferson Park (0.81 miles away)

Union Pacific Northwest, Milwaukee District North

at Gladstone Park Metra (0.52 miles away), Forest Glen Metra

5905 W Higgins Avenue Chicago, Illinois 60630 is a multiple family property, which sold for $555,000. Want to learn more about 5905 W Higgins Avenue Chicago, Illinois 60630? Contact an @properties agent to request more info.

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