5714 N Jersey Avenue
Chicago, IL 60659

Status: Sold
Multi Family
11 beds
0 baths
0 sq.ft
Listing Price: $650,000

About this home

This Hollywood Park Multi Unit building offers you the opportunity to own a fully electric building on the north side of Chicago, within steps of restaurants, parks and schools. The building offers 3, 2 bedroom/ 1bath units, with hardwood flooring in living and bedrooms, a duplex down 3 bedroom 2 bth unit, and a garden 2 bdrm unit. Coin Laundry is owner owned. Long time owner has decided it's time to sell, all rents are below market and month to month, so you can take advantage and start or grow your building portfolio. Would also make an attractive owner/occupied building, as the Duplex affords a huge apartment. There are 2 parking spots in the rear, along with plenty of free parking around the building. There is a wooden deck in the rear for tenant use. Preliminary Zoning is a 4 flat by the city of Chicago; the building owner and broker make no claims as to the legality of the basement unit. Nearby Hollywood Park, located at the corner of Jersey and Peterson Avenues, totals 7.14 acres, with a small fieldhouse, two softball fields, four basketball standards, tennis court, volleyball court, Chicago Plays! playground, and a spray pool. Being sold AS/IS.

Property details

Interior Features
Additional Rooms Foyer
Basement Description Finished
Basement Full
Bedrooms Count 11
Bedrooms Possible 11
Baths Count 6
Full Baths in Building Count 6
Total Rooms 19
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 900
Appliances And Features Stove
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 4
Security Deposit 900
Tenant Pays Electric, Heat, Parking
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 950
Appliances And Features Stove
Full Baths Total 2
Lease Expiration Date M/M
Rooms Total 8
Security Deposit 850
Tenant Pays Electric, Heat, Parking
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 700
Appliances And Features Stove
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 4
Tenant Pays Electric,Heat
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 850
Appliances And Features Stove
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 4
Security Deposit 850
Tenant Pays Electric,Heat
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1969
Parking Total 2
Exterior Building Type Brick
Exterior Property Features Deck, Cable Access
Foundation Concrete Perimeter
Parking Features Assigned, Off Alley, Alley Access, Direct Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - North Park
Zoning Type MULTI
Corporate Limits Chicago
Directions On Jersey, North of Bryn Mawr and South of Peterson, on the west side of the street.
Equipment Ceiling Fan(s)
Elementary School Peterson Elementary School
Elementary Sch Dist 299
Heat/Fuel Electric
High Sch Mather High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle School Peterson Elementary School
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Deconversion N
Lot Dimensions 30X125'
Lot Description Level, Partial Fencing, Sidewalks, Streetlights
Lot Size Source County Records
Lot Size Oversized Chicago Lot
Model MULTI UNIT
Ownership Fee Simple
Style of House Contemporary
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13024240200000
Special Assessments N
Taxes $10,940
Tax Exemptions None
Tax Year 2022
$650,000 Listing Price:
MLS # 11986325
Investment Profile Residential Income
Listing Market Time 40 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Space/s
List Date 02/21/2024
Year Built 1969
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