Closed

$550,000

4422 Emerald Avenue, Chicago, IL 60609
6 Beds4 Baths165 days
4422 Emerald Avenue·Chicago, IL 60609
6Bedrooms
4Bathrooms
1869Year Built
About This Home

4422 S. Emerald Ave is a three (3) unit building in Chicago's historic Canaryville Neighborhood. This particular pocket of the neighborhood surrounds the property with single-family homes, making it a comfortable living situation for tenants. Additionally, the property sits five (5) blocks directly west of 94/Dan Ryan, making it easily accessible to the heart of Chicago's downtown. 4422 S. Emerald is conveniently comprised of one (1) 1Bd/1Ba, one (1) 2Bd/1Ba, and one (1) 3Bd/2Ba units. Highlights include a newer boiler and hot water tanks, along with an updated electrical system. Plus, a new owner could enjoy the potential for an additional income stream from the attached two (2) car garage to benefit net operating income. 4422 S. Emerald presents an investor with the opportunity to take hold of a turnkey asset that has been fully gut-renovated and is currently fully-occupied. In doing so, a new investor would hold a property with rents at market value and units up-to-date for the surrounding market.

MLS# 12015306Listed March 27, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1869
Lot Size33' X 126'

Location

CountyCook
TownshipSouth Chicago
Zip Code60609

Financial

List Price$550,000
Annual Taxes (2022)$5,965
Monthly Tax Est.$497
Parcel #20043090280000
Interior Features

Heating

Natural Gas

Basement

UnfinishedPartial
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteAttachedGarage
Tax & Financial
Annual Taxes
$5,965
Tax Year 2022
Monthly Tax Est.
$497
per month
Property Location

4422 Emerald Avenue, Chicago, IL 60609Cook County

$550,000
4422 Emerald Avenue
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
165 days on market
2-car garage
33' X 126'
$5,965/yr taxes
$3,388
estimated monthly payment
Principal & Interest
$2,890/mo
Property Tax
$497/mo
$550,000
20% — $110,000
3%50%
6.875%
3%12%
Loan Amount
$440,000
Down Payment
$110,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Kiser Group Realty Inc
Agent: John George
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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