5616 N Artesian Avenue
Chicago, IL 60659

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $625,000

About this home

Great opportunity to purchase a well maintained 2 flat that has been lovingly cared for by the current owner. Both units are currently occupied with tenants paying their own electric and heat. First floor has 3 bedrooms, 1 bath and the second floor has 2 bedrooms, office and 1 bath. Both units have hardwood flooring, central air, crown molding, large living room and dining areas. Unfinished basement with the potential of adding another unit and is currently used for storage with one finished room that could be used for a playroom or office. There is not another building to the South which allows so much sunlight in the apartments. Many upgrades including newer windows, updated first floor kitchen with newer appliances in both units. Exterior work for the building includes Spot tuck-pointing and rebuilt parapet/firewalls. Newer roof and silver coating on roof. Reinforced garage. Quiet neighborhood, close to Lincoln Square and easy access to public transportation and a nature park just two blocks away.

Property details

Interior Features
Additional Rooms Recreation Room
Basement Description Unfinished
Basement Full
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 12
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1700
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 6
Tenant Pays Electric, Heat, Other
Floor Number 1
Square Feet 1392
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1600
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 6
Tenant Pays Electric, Heat, Other
Floor Number 2
Square Feet 1392
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1924
Parking Total 2
Exterior Building Type Brick
Exterior Property Features Patio
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
Virtual Tour Date 04/15/2024 5:48 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - West Ridge
Zoning Type MULTI
Corporate Limits Chicago
Directions ONE BLOCK WEST OF WESTERN, NORTH ON ARTESIAN
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Lot Dimensions 30X125
Lot Description Fenced Yard
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Rental Income 3300
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13014310280000
Special Assessments N
Taxes $10,696
Tax Exemptions None
Tax Year 2022
$625,000 Listing Price:
MLS # 12029476
Investment Profile Residential Income
Listing Market Time 46 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 04/15/2024
Year Built 1924
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