NOT LISTED FOR SALE

5945 N Lakewood Ave Chicago, IL 60660

Edgewater Neighborhood
6 Beds
3 Baths
-- Sq Ft
1918 Built

Last Sold April 02, 2018

Last sale price $580,000

3 Days on Market

Highlights

  • Sun or Florida Room
  • 4-minute walk to Thorndale Station
  • Paved or Partially Paved Lot
  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • 3-minute walk to Broadway Armory Park

About This Home

As of April 2018

Savvy investment opportunity! Rarely available & Prime Edgewater large vintage three flat w/full basement. While maintained over the decades, this property is in need of repairs and a lot of TLC. Large unit floor plans offer a developer/investor/homeowner the ability to add in-unit washer and dryers & second bathrooms. Possibility to add a legal garden unit or duplex owner's unit for higher rents; current rents below market. Each unit has moldings, fireplace surrounds, panoramic front sunrooms, back enclosed porches all w/vintage charm and character. With improvements, there are endless options to increase value, rents, or even condo the building. Units have newer windows in most rooms & appliances.Walking distance to Thorndale Redline Stop, Broadway Shops, new Whole Foods Market, and Restaurants. Long-term month to month tenants in Units 2 & 3. Property sold AS-IS.

Last Agent to Sell the Property

Gina McAveeney

River West Realty, Inc. License #475143720 Listed on: 02/19/2018

Last Buyer's Agent

Ilya Pisarenko

Core Realty & Investments, Inc License #475138685

Core Realty & Investments, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,848

Year Built

  • Built in 1918

Interior Spaces

  • 3-Story Property
  • Sun or Florida Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Senn High School

Utilities

  • Radiator
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Paved or Partially Paved Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,848

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable
  • Room Type: Enclosed Porch, Sun Room, Utility Room-Lower Level
  • Basement Description: Unfinished,Exterior Access,Bathroom Rough-In
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 639900
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • High School: SENN HIGH SCHOOL
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 2650
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10847.61
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Story Unit/s

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $580,000 -9.4% --
02/22/2018 02/22/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $639,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gina McAveeney

    River West Realty, Inc.

    Section Image

  • I

    Buyer's Agent in 2018

    Ilya Pisarenko

    Core Realty & Investments, Inc

    8 Total Sales

    Ilya Pisarenko
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09861720

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60660 Edgewater

5945 N Lakewood Ave, Chicago, IL

This home is located at 5945 N Lakewood Ave, Chicago, IL 60660 since 19 February 2018. This property was built in 1918. 5945 N Lakewood Ave is a home located in Cook County with nearby schools including Senn High School, Northside Catholic Academy, and Sacred Heart Schools.

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