Seller's Agent in 2024
Matthew Mika
Compass
(773) 406-1792
26 in this area
240 Total Sales
5649 N Mason Ave Chicago, IL 60646
Jefferson Park NeighborhoodEstimated Value: $445,000 - $485,000
5
Beds
3
Baths
1,617
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Waterfront
- Fenced Yard
- Forced Air Heating System
- William Howard Taft High School Rated A-
- 1 Car Attached Garage
- Baseboard Heating
About This Home
As of October 2024NICE SUNNY, 2 UNIT BUILDING WITH ADDITIONAL NON-CONFORMING LIVING QUARTERS IN BASEMENT AND LOCATED IN A GREAT GLADSTONE PARK NEIGHBORHOOD. PLEASE HAVE CLIENTS DRIVE BY FIRST BEFORE SCHEDULLING AN APPOINTMENT. A BIT DIFFERENT THAN YOUR NORMAL LOT WITH A FRONT YARD AND A ONE CAR GARAGE. UPDATED KITCHENS WITH NEWER APPLIANCES UPDATED BATHS - HARDWOOD FLOORS. BOTH FIRST AND SECOND FLOOR UNITS HAVE 2 BEDROOMS. COZY I BEDROOM APARTMENT DOWNSTAIRS. SEPARATED HEAT FOR 1ST AND SECOND FLOOR. GREAT INVESTMENT PROPERTY OR LIVE IN ONE AND COLLECT RENT TO ASSIST IN MORTGAGE PAYMENTS. Rent details: 1st floor $1500 less $50 credit for utilities as common area and basement unit are connected to 1st floor meter. - Listed as misc. expense. (Net rent $1450.) Currently vacant - 2nd floor $1325. leased to July 2025 and Pay all own utilities. Basement: $950. All utilities included Lease through 8/31/25. Garage $165. MO/MO. Total $3940. plus laundry $50. mo. or $47280- gross. Expenses $12192. Net income $35088. or a 7.6% return!! SELLER/BROKER MAKE NO REPRESENTATION OF LEGALITY OF BASEMENT UNIT. . For any questions, concerns, offers for this property please contact Norbert Mika Thanks NEXT SHOWINGS FOR THIS PROPERTY ARE MONDAY 9/16/24 6-7PM. PLEASE SCHEDULE THROUGH SOWING ASSIT AND WE WILL CONFIRM.
Last Buyer's Agent
@properties Christie?s International Real Estate License #475135505
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,756
Year Built
- Built in 1924
Lot Details
- Waterfront
- Fenced Yard
- Pie Shaped Lot
- Irregular Lot
Parking
- 1 Car Attached Garage
- Parking Space is Owned
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $420
- Insurance Expense $2,016
- Water Sewer Expense $2,400
- Gross Income $47,280
- Net Operating Income $35,088
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2024
Closed on
Oct 31, 2024
Sold by
Mason Real Estate Llc
Bought by
Mulligan Allison
Seller's Agent
Matthew Mika
Compass
Buyer's Agent
Christine Gordon
@properties Christie?s International Real Estate
List Price
$459,900
Sold Price
$455,000
Premium/Discount to List
-$4,900
-1.07%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,459
Avg. Annual Appreciation
3.76%
Original Mortgage
$364,000
Outstanding Balance
$361,013
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$111,446
Purchase Details
Closed on
Jan 21, 2016
Sold by
Ira Midland
Bought by
Mason Real Estate Llc
Purchase Details
Closed on
Jan 5, 2016
Sold by
Equity Trust Company
Bought by
Ira Midland and Kevin Adam Ira
Purchase Details
Closed on
Sep 10, 2010
Sold by
V & T Investment Corporation
Bought by
Equity Trust Company and Kevin Adam Ira
Purchase Details
Closed on
Jun 30, 2010
Sold by
Orzech Jacek
Bought by
V & T Investment
Purchase Details
Closed on
Apr 5, 1994
Sold by
Stuko Theodore A
Bought by
Orzech Jacek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.35%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mulligan Allison | $455,000 | None Listed On Document | |
| Mason Real Estate Llc | -- | Attorney | |
| Ira Midland | -- | Attorney | |
| Equity Trust Company | $170,000 | Fntic | |
| V & T Investment | $69,500 | None Available | |
| Orzech Jacek | $83,333 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mulligan Allison | $364,000 | |
| Previous Owner | Orzech Jacek | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2024 10/21/24 | Sold | $455,000 | 0.0% | $281 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | Off Market | $455,000 | -- | -- |
| 09/10/2024 09/10/24 | For Sale | $459,900 | -- | $284 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,756 | $42,001 | $10,058 | $31,943 |
| 2023 | $6,586 | $32,000 | $8,046 | $23,954 |
| 2022 | $6,586 | $32,000 | $8,046 | $23,954 |
| 2021 | $6,440 | $32,004 | $8,050 | $23,954 |
| 2020 | $6,062 | $27,198 | $5,431 | $21,767 |
| 2019 | $6,075 | $30,220 | $5,431 | $24,789 |
| 2018 | $5,973 | $30,220 | $5,431 | $24,789 |
| 2017 | $5,811 | $26,980 | $4,827 | $22,153 |
| 2016 | $5,407 | $26,980 | $4,827 | $22,153 |
| 2015 | $5,424 | $29,583 | $4,827 | $24,756 |
| 2014 | $4,845 | $26,093 | $4,425 | $21,668 |
| 2013 | $4,749 | $26,093 | $4,425 | $21,668 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Mika
-
Norbert Mika
Seller Co-Listing Agent in 2024
Norbert Mika
Compass
(773) 406-7116
19 in this area
93 Total Sales
-
Christine Gordon
Buyer's Agent in 2024
Christine Gordon
@ Properties
(847) 809-5522
2 in this area
32 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12158907
APN: 13-05-427-014-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 5757 N Mason Ave
- 5600 N Mango Ave
- 5706 N Moody Ave
- 5620 N Major Ave
- 5841 N Medina Ave
- 5906 N Mason Ave
- 5423 N Moody Ave
- 5774 N Elston Ave
- 5523 N Major Ave
- 5700 N Parkside Ave
- 5956 N Elston Ave
- 5859 N Melvina Ave
- 5311 N Mcvicker Ave
- 5657 N Parkside Ave
- 5971 N Elston Ave Unit 1
- 5626 N Central Ave
- 5860 N Melvina Ave
- 5700 N Central Ave
- 5254 N Mason Ave
- 5722 N Leonard Ave
- 5647 N Mason Ave
- 5647 N Mason Ave Unit 2
- 5643 N Mason Ave
- 5641 N Mason Ave
- 5909 W Seminole St Unit 2
- 5680 N Milwaukee Ave
- 5680-84 N Milwaukee Ave
- 5652 N Mason Ave
- 5650 N Mason Ave
- 5637 N Mason Ave
- 5646 N Mason Ave
- 5684 N Milwaukee Ave
- 5658 N Mason Ave
- 5638 N Mason Ave Unit 1
- 5638 N Mason Ave
- 5635 N Mason Ave
- 5688 N Milwaukee Ave
- 5692 N Milwaukee Ave