Seller's Agent in 2024
Amy Adorno Burley
Executive Realty Group LLC
(630) 881-8221
1 in this area
224 Total Sales
5940 N Virginia Ave Chicago, IL 60659
West Ridge Neighborhood
4
Beds
3
Baths
--
Sq Ft
1955
Built
Highlights
- Georgian Architecture
- Forced Air Heating System
- 2-minute walk to Legion Park
- Patio
About This Home
As of June 2024Beautiful 2-Unit building situated along Peterson Park! Both units are rented out and show extremely well! The 1st floor unit was just rehabbed and shows like a model! Separate heat and central air conditioning in each unit. Spacious 2 bedroom, 1 bath floorplans with hardwood floors. Full basement is finished with extra space to enjoy! Newer tear off roof, mechanicals new within last 6 years. Great location!! Buy today and earn great rental income! The 2nd floor rent is below market, so potential for substantially more income! No garage - property line/yard backs up all the way to the alley therefore a parking pad or garage is possible.
Last Agent to Sell the Property
Executive Realty Group LLC License #475138189 Listed on: 01/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,930
Year Built
- Built in 1955
Home Design
- Georgian Architecture
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Patio
- Lot Dimensions are 38 x 120
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $240
- Insurance Expense $1,056
- Water Sewer Expense $528
- Gross Income $51,000
- Net Operating Income $36,718
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2024 06/04/24 | Sold | $650,000 | -5.8% | -- |
| 04/25/2024 04/25/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | Price Changed | $689,900 | -2.8% | -- |
| 01/19/2024 01/19/24 | For Sale | $709,900 | -- | -- |
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 | $11,567 | $51,000 | $17,775 | $33,225 |
| 2024 | $11,567 | $51,000 | $17,775 | $33,225 |
| 2023 | $11,930 | $54,822 | $14,405 | $40,417 |
| 2022 | $11,930 | $58,000 | $14,400 | $43,600 |
| 2021 | $11,664 | $58,004 | $14,404 | $43,600 |
| 2020 | $7,332 | $32,913 | $8,550 | $24,363 |
| 2019 | $7,515 | $37,402 | $8,550 | $28,852 |
| 2018 | $7,388 | $37,402 | $8,550 | $28,852 |
| 2017 | $7,244 | $33,649 | $7,650 | $25,999 |
| 2016 | $6,740 | $33,649 | $7,650 | $25,999 |
| 2015 | $6,388 | $34,859 | $7,650 | $27,209 |
| 2014 | $4,685 | $25,253 | $6,750 | $18,503 |
| 2013 | $5,413 | $29,760 | $6,750 | $23,010 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Adorno Burley
-
Joseph Burley
Seller Co-Listing Agent in 2024
Joseph Burley
Executive Realty Group LLC
(847) 312-4888
1 in this area
149 Total Sales
-
Mariana Dragomir
M
Buyer's Agent in 2024
Mariana Dragomir
City Habitat Realty LLC
(773) 691-0103
2 in this area
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11964157
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Based on information submitted to the MLS GRID
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