5723 Windsor Avenue, Portage Park, Chicago, Illinois 60630
$280,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 3 |
| Baths: | 0 |
| Year Built: | 1906 |
| Property Taxes: | $2,423 |
| Days On Market: | 1640 |
| Lot Size: | 0,25 |
Description
These numbers make sense on this multi-unit! You can utilize FHA financing with a 3.5% down payment and practically live for free while you continue renting the other unit or you can buy it as an investment property and start making money on day one. The first floor unit features two (2) bedrooms and it can be easily rented for $1,500 per month. Your loan officer can use the existing lease as additional income on your loan application as long as the appraiser confirms it on his or her rental schedule, which makes qualifying for this purchase even easier for you! Then live on the second floor, one (1) bedroom unit or rent it for $1,000 per month. As a full rental, your monthly cash flow is $2,500 per month or $30,000 per year. Please keep in mind that you cannot put a garage on this property but there is ample street parking. This is a great investment! Very low taxes! This is also an as-is, where-is sale. A must see.
Property Specifics
| Multi-unit | |
| — | |
| Traditional | |
| 1906 | |
| Full,Walkout | |
| — | |
| No | |
| 0.25 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Sewer-Storm | |
| 11110607 | |
| 13172230170000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 4 Aug, 2015 | Sold | $125,000 | MRED MLS |
| 3 Jul, 2015 | Under contract | $150,000 | MRED MLS |
| — | Last price change | $179,900 | MRED MLS |
| 21 May, 2015 | Listed for sale | $189,900 | MRED MLS |
| 8 Nov, 2021 | Sold | $280,000 | MRED MLS |
| 26 Oct, 2021 | Under contract | $290,000 | MRED MLS |
| 3 Jun, 2021 | Listed for sale | $290,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
| — | |
| Concrete Perimeter | |
| — | |
| — | |
| Fenced Yard | |
| 4,462 SF | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $1,013 |
| 2021 | $2,423 |
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Listing Provided By
Peter Drossos Real Estate
