NOT LISTED FOR SALE

5439 W Schubert Ave Chicago, IL 60639

Cragin Neighborhood
6 Beds
3 Baths
-- Sq Ft
1956 Built

Last Sold August 24, 2021

Last sale price $517,500

5 Days on Market

Highlights

  • Fenced Yard
  • Brick or Stone Mason
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of August 2021

Spectacular investment opportunity! Legal 3-flat building sitting on two lots (50X125) with 2 PINs on a quiet tree-lined street. This solid brick building was recently rehabbed in 2015: New windows throughout. Newer kitchens with cherry cabinets, granite counters, and stainless steel appliances. Newer bathrooms. Newer furnaces and AC units. New washer and dryer. The roof was replaced in 2014. Huge back yard! Detached 2-car garage, plus exterior parking space to accommodate 3 more cars. Fully leased. Lower unit can be delivered vacant. Currently collecting $3810 per month.

Last Agent to Sell the Property

Adam Zagata

Real Broker LLC License #475164308 Listed on: 07/15/2021

Real Broker LLC

Last Buyer's Agent

Tony Mattar

Compass License #471020197

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1956 | Remodeled in 2015

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Brick or Stone Mason
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Lot Details

  • Lot Dimensions are 50x125
  • Fenced Yard
  • Additional Parcels

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $45,360

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Year Built

Built in 1956 | Remodeled in 2015

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Garage/Space

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 45360
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7024
  • Tax Year: 2019
  • Tax Exemptions: Homeowner
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/24/2021 08/24/21 Sold $517,500 -1.4% --
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $525,000 +40.0% --
07/17/2015 07/17/15 Sold $375,000 -3.6% -- View Prior Sale
06/04/2015 06/04/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $389,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,807 $27,390 $5,781 $21,609
2024 $3,807 $27,390 $5,781 $21,609
2023 $3,711 $18,032 $4,688 $13,344
2022 $3,711 $18,032 $4,688 $13,344
2021 $3,628 $18,033 $4,690 $13,343
2020 $3,349 $15,025 $3,906 $11,119
2019 $3,512 $17,472 $3,906 $13,566
2018 $3,453 $17,472 $3,906 $13,566
2017 $2,958 $15,423 $3,437 $11,986
2016 $2,841 $15,423 $3,437 $11,986
2015 $2,587 $15,423 $3,437 $11,986
2014 $2,445 $14,455 $3,125 $11,330
2013 $2,392 $14,455 $3,125 $11,330
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11156519

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.