5940 N Bernard St Chicago, IL 60659
North Park NeighborhoodEstimated payment $4,838/month
Highlights
- Solar Power System
- Property is near park
- 2 Car Detached Garage
- Clubhouse
- Tennis Courts
- 4-minute walk to Hollywood Park
About This Home
Prime Hollywood Park Legal 3-Flat - Ideal Investment or Owner-Occupied Opportunity! Exceptional opportunity in sought-after Hollywood Park! This well-maintained, solid brick legal 3-unit building offers the perfect blend of strong rental potential and comfortable owner-occupant living. The first and second floors each feature spacious 3-bedroom units with generous layouts, while the garden unit offers a well-designed 2-bedroom apartment-ideal for additional rental income or extended living. Each unit has separate mechanicals, providing efficiency and convenience for both landlords and residents. There are solar panels that cover the basement and public areas of the building. Other major updates include: Newer forced air furnaces for Units 1 & 2 (2020) Brand new hot water heating system for garden unit (2024) Charming backyard gazebo (2021) - perfect for relaxing or entertaining Garage parking for added tenant appeal and owner convenience Whether you're looking to live in one unit and offset your mortgage with rental income, or expand your portfolio with a turnkey multi-unit property, this building checks all the boxes. Located just steps from parks, schools, restaurants, and neighborhood amenities. Enjoy easy access to Lincoln Village Shopping Center and convenient proximity to major highways for a seamless commute. A rare opportunity to own a move-in-ready, income-generating property in a vibrant, established community!
Listing Agent
@properties Christie?s International Real Estate License #471010418 Listed on: 02/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,691
Year Built
- Built in 1934 | Remodeled in 2008
Lot Details
- Lot Dimensions are 30 x 125
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 3 Bathrooms
Schools
- Peterson Elementary School
- Mather High School
Utilities
- Forced Air Heating System
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Solar Power System
- Property is near park
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
- 3 Flat
Amenities
- Clubhouse
Recreation
- Tennis Courts
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,376 | $58,000 | $13,125 | $44,875 |
| 2024 | $10,376 | $58,000 | $13,125 | $44,875 |
| 2023 | $10,115 | $49,000 | $10,500 | $38,500 |
| 2022 | $10,115 | $49,000 | $10,500 | $38,500 |
| 2021 | $9,886 | $49,003 | $10,503 | $38,500 |
| 2020 | $9,230 | $41,288 | $5,437 | $35,851 |
| 2019 | $9,567 | $47,458 | $5,437 | $42,021 |
| 2018 | $9,405 | $47,458 | $5,437 | $42,021 |
| 2017 | $9,276 | $42,950 | $4,875 | $38,075 |
| 2016 | $8,631 | $42,950 | $4,875 | $38,075 |
| 2015 | $7,898 | $42,950 | $4,875 | $38,075 |
| 2014 | $7,686 | $41,276 | $4,500 | $36,776 |
| 2013 | $7,535 | $41,276 | $4,500 | $36,776 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2026 02/23/26 | Price Changed | $750,000 | 0.0% | -- |
| 02/23/2026 02/23/26 | For Sale | $750,000 | -- | -- |
About the Listing Agent
Meet Mike Stangel: Your Trusted Real Estate Expert
For over 25 years, Mike Stangel, a licensed real estate broker, has been a driving force in Chicago's real estate landscape, fueled by his entrepreneurial spirit and a genuine desire to make a difference in his clients' lives. With a commitment to exceeding expectations, Mike combines his extensive resources and in-depth market knowledge to guide clients seamlessly through their buying and selling journeys.
What sets Mike apart
Michael's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12566863
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Ask me questions while you tour the home.