Seller's Agent in 2022
Charles Ginsberg
Mark Allen Realty ERA Powered
(773) 456-0134
3 in this area
32 Total Sales
5917 N Winthrop Ave Chicago, IL 60660
Edgewater Neighborhood
9
Beds
5
Baths
--
Sq Ft
5,663
Sq Ft Lot
Highlights
- 3 Car Detached Garage
- 2-minute walk to Thorndale Station
- 2-minute walk to Park 517
- Forced Air Heating System
About This Home
As of March 2022Turn key, legal 4 unit in Edgewater perfect for a live-in owner who wants to turn their housing expense into an income producing asset. Large 37.5 x 150 lot with a 3-car garage, zoned RM-5. First floor owner's unit generated $25,354 on Airbnb in 2021 when owners were out of town. It's a 2 bed + office/ 1 bath (1832 sq ft) Second floor unit is rented for $1865/m without parking. It's a 2 bed + office/ 1 bath (1832 sq ft). Third floor unit is rented for $2050/m including one parking spot. It's a 2 bed + office/ 1 bath (1832 sq ft). Garden unit is rented for $1995/m including 1 parking spot. It's a 3 bed/ 2 bath (1622 sq ft). Building has many new updates including: Individual central air/ heat in each unit. In-unit washer dryer. All new windows throughout. Finished back stairway and added a new back room to units 1,2 and 3. Building expenses: Property tax - $14,203 annually. Water bill - $175/m. Building electric - $28/m. Building gas for water heater - $45/m. Property insurance $3089. Convenient location 2 blocks from Whole Foods on one side and 2 blocks from the Lakefront Trail entrance and Kathy Osterman Beach on the other side. 1/2 a block from the Thorndale Redline station, coffee shops, and restaurants. There is nothing left to do but move-in, this building is in great shape and the numbers work well.
Last Agent to Sell the Property
Mark Allen Realty ERA Powered License #475116764 Listed on: 01/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,203
Lot Details
- 5,663
Parking
- 3 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 5 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 37.5 x 150
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $336
- Fuel Expense $540
- Insurance Expense $3,089
- Water Sewer Expense $2,100
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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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2022 03/15/22 | Sold | $1,351,713 | +4.1% | -- |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
| 01/28/2022 01/28/22 | For Sale | $1,299,000 | +99.8% | -- |
| 04/01/2015 04/01/15 | Sold | $650,000 | +8.5% | -- |
| 01/18/2015 01/18/15 | Pending | -- | -- | -- |
| 01/08/2015 01/08/15 | For Sale | $599,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
David DuFault
Chicago Properties Firm
(773) 297-9792
3 in this area
138 Total Sales
-
Seller's Agent in 2015
Kevin Rocio
@ Properties
(312) 972-4381
23 Total Sales
-
D
Buyer's Agent in 2015
Duane Shumaker
Jameson Sotheby's Int'l Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11313040
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