5445 N Magnet Avenue, Chicago, IL 60630
Local realty services provided by:ERA Partners
5445 N Magnet Avenue,Chicago, IL 60630
$575,000
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: matthew mika, norbert mika
Office: compass
MLS#:12677202
Source:MLSNI
Price summary
- Price:$575,000
About this home
Updated 2 flat with extra basement non-conforming apartment. All electric, plumbing and HVAC were updated approximately 8 years ago along with some kitchens and bathrooms. Nice size apartments first and second floors have 2 bedrooms. Extra tandem bedroom on 1st floor. Basement is 4 room 2 bedrooms. Nice yard and a 2 car garage. Rents: Non-conforming garden $1250. Includes all utilities. 1st floor: $1800. 1st floor pays utilities and receives a $100. credit for basement utilities so they pay $1700. net rent. 2nd floor: $1595. They pay their own utilities. Garage $300. Rented to someone not living in property Mo. to Mo. Total income $4845. a month $58140 gross yearly less $12444. expenses or $45696. Net income or 7.74% return!! Great investment.
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Home facts
- Year built:1921
- Listing ID #:12677202
- Updated:August 03, 2026 at 10:52 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air, Natural Gas, Space Heater
Structure and exterior
- Roof:Asphalt
- Year built:1921
- Lot area:0.08 Acres
- Architectural Style:Colonial
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Tax amount:$8,240 (2024)
Features and amenities
- Amenities:Ceiling Fan(s)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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