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5905 W Higgins Avenue,  Chicago IL, 60630

Sold Price:
$555,000
Date:09/26/2016
Status: Sold
MLS#: 09237294
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Last Updated: 12/10/2016 6:39 AM
Description for 5905 W Higgins Avenue Chicago, IL 60630
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.
Price
Sold Price:
$555,000
Sold Date:09/26/2016
Cook
09237294
Sold
Listing Information
Theatre
Property Type: Multi-Family, 2 Story
1955 2 Brick Exterior
6 Total
Neighborhood
Room Information
Interior Features
Window Air Conditioning
Hot Water, Baseboard
Exterior / Lot Features
Brick
50X120
MULTI
Driving Directions
Foster East or West to Austin. South to Higgins. East to 5905.
Financial Considerations
13084180080000
$7,160
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60630 has a population of 2,702,471.

The median household income in Chicago, Illinois 60630 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60630 is 33.1 years.

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