5905 W Higgins Avenue

CHICAGO, Illinois 60630
Closed / MLS #9237294 / Multiple Family / Jefferson Park
Listing information updated 9/30/2016 at 2:17am
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
Square Feet:
N/A
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

Tax Amount:
$7,160
Tax Year:
N/A

Location

Zip Code:
60630
City:
Chicago
County:
Cook

Listing Office: Keller Williams Preferred Rlty

Listing Office Phone: 708.798.1111

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/30/2016 at 2:17am. 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.


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5905 W Higgins Avenue is a multiple family which sold for $555,000. This multiple family has been listed on @properties since May 25th, 2016 and was built in 1955. The nearest transit stops include Jefferson Park CTA Blue line and Gladstone Park Metra Metra Union Pacific Northwest line.