5940 N Virginia Avenue Chicago, IL ^$ 689,900

5940 N Virginia Avenue

^$ 689,900

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5940 N Virginia Avenue

Chicago, IL, 60659

^$ 689,900

Bedrooms4 Baths3.0 Sq 2,000

Monthly Estimate*

^$ 4,585

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Multi-Family Home for sale in Chicago, IL

for $689,900 with 4 bedrooms and 3 full baths. This 2,000 square foot home was built in 1955.

Beautiful 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.

Multi-Family Contingent

Price

^$ 689,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,930

Style

Georgian

Year Built

1955

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11964157

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing

Roof Rubber

Exterior Features Patio

Zoning MULTI

Architectural Style Georgian

Year Built 1955

Township Jefferson

Tax Year 2022

Percent Ownership Fee Simple

Gross Income 51000

County Cook

Net Operating Income 36718

Insurance Expense 1056

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 10

Status Contingent

Directions Lincoln to Whipple to Thorndale to Virginia

City Chicago

High School District 299

MLS Area CHI - West Ridge

Waterfront Y/N N

Street Name Virginia

Tax Annual Amount 11930.38

Electric Expense 240

Water Sewer Expense 528

Additional Parcels Y/N N

Days on Market 124

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Finished

Street Suffix Avenue

Total Bedrooms 4

Total Baths 3

Bedrooms Possible 4

Full Baths Building 3

Half Baths Building 0

Total Number of Units 2

Exterior

Water Source Lake Michigan

Total Parking 0

Foundation Details Concrete Perimeter

Lot Dimensions 38 X 120

Exterior Brick

* Excluded Features

List By

Executive Realty Group Llc

Broker

amyadorno@gmail.com;gowithamyandjoe@gmail.com

Affordability Calculator

$5,579

Per Month

Monthly Principal & Interest: $4,585
Monthly Property Taxes: $994
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$641,158

Percent of Sale Price 7%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/29/2024	$689,900	-2.82%	Price Down
1/19/2024	$709,900		Listed Price

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5940 N Virginia Avenue, Chicago, IL, 60659 is a Multi-Family Home for sale at $689,900 with 2,000 sqft. 5940 N Virginia Avenue has 4 bedrooms, 3.0 baths, and was built in 1955. The property's zip code is 60659 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/28/2024.

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5940 N Virginia Avenue

Multi-Family Home for sale in Chicago, IL

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