NOT LISTED FOR SALE

5377 N Magnet Ave Chicago, IL 60630

Jefferson Park Neighborhood
4 Beds
2 Baths
-- Sq Ft
1921 Built

Last Sold April 15, 2022

Last sale price $430,000

7 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • Fenced Yard
  • William Howard Taft High School Rated A-
  • Corner Lot
  • 3-minute walk to Gladstone Park

About This Home

As of April 2022

Check out this Charming Gladstone Park 2 flat on a nice corner lot with all separate utilities. Large front porch for summer enjoyment and located across the street from Gladstone Park. Walking distance to the Blue Line and the Metra. This is one you do not want to miss. Apartments are fairly updated with cabinet kitchens, tile baths and refinished hardwood floors. 1st floor has attractive open living space. GFA heat and central air. Second floor has gas hot water heat with built in wall mounted AC unit. Nice yard and a 2 car garage with covered patio. Garage is rented $250. month to month. Laundry $75. per month.

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 03/21/2022

Compass

Co-Listed By

Norbert Mika

Compass License #471001355

Last Buyer's Agent

Joe Wilcox

The Wilcox Company License #471000487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,871

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 30x125
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Hitch Elementary School
  • Taft High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Property is near a park

Community Details

Overview

  • 2 Units
  • Gladstone Park Subdivision, 2 Flat Floorplan

Building Details

  • Electric Expense $300
  • Insurance Expense $1,392
  • Water Sewer Expense $2,000
  • Gross Income $36,900
  • Net Operating Income $27,337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,871

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Subdivision Name: Gladstone Park
  • Year Built: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 439900
  • Lot Features: Corner Lot, Fenced Yard, Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Block

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2000

Schools

  • Elementary School: Hitch Elementary School
  • High School: Taft High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 27337
  • Insurance Expense: 1392
  • ElectricExpense: 300
  • GrossIncome: 36900
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5871
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $430,000 -2.3% --
03/29/2022 03/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $439,900 +69.2% --
06/24/2015 06/24/15 Sold $260,000 -10.0% -- View Prior Sale
05/18/2015 05/18/15 Pending -- -- --
04/21/2015 04/21/15 Price Changed $289,000 -3.3% --
04/07/2015 04/07/15 For Sale $299,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Mika

    Seller's Agent in 2022

    Matthew Mika

    Compass

    (773) 406-1792

    26 in this area

    238 Total Sales

    Matthew Mika
    Section Image
  • Norbert Mika

    Seller Co-Listing Agent in 2022

    Norbert Mika

    Compass

    (773) 406-7116

    19 in this area

    92 Total Sales

    Norbert Mika
    Section Image
  • Joe Wilcox

    Buyer's Agent in 2022

    Joe Wilcox

    The Wilcox Company

    (312) 848-0800

    9 in this area

    78 Total Sales

    Joe Wilcox
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11352556

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60630 Jefferson Park

5377 N Magnet Ave, Chicago, IL

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