Closed

$450,000

5633 Austin Avenue, Chicago, IL 60630
4 Beds2 Baths15 days
5633 Austin Avenue·Chicago, IL 60630
4Bedrooms
2Bathrooms
1925Year Built
About This Home

Welcome to 5633 N Austin Ave, a charming and well-maintained 2-unit building located on a 30' wide lot in vibrant Jefferson Park. This property presents an excellent opportunity for investors or multi-generational families seeking a comfortable and versatile living space. A fantastic investment property in the family since 1972. Both units offer spacious and inviting layouts. Upon entering each, you'll be greeted by a bright and airy living area with beautiful hardwood floors, perfect for relaxing or entertaining guests. Each home features 2 bedrooms and 1 bathroom, providing ample space for a growing family or accommodating roommates. The kitchens are thoughtfully designed with functionality in mind and newer modern LVT flooring. Additionally, there is access to a private backyard, ideal for outdoor gatherings and activities. Conveniently situated in the Jefferson Park neighborhood, this property benefits from its prime location in Chicago. Residents will appreciate the proximity to various amenities, including shops, restaurants, parks, and schools (across the street from the elementary school!), all within a short distance. Easy access to public transportation and major highways, allowing for seamless travel throughout the city and beyond. Only 15 minutes to O'Hare and 20 minutes to Downtown! Investment Potential: With its dual-unit setup, this building presents an attractive investment opportunity. The ability to generate rental income from both units provides a steady cash flow potential. Alternatively, occupying one unit while renting out the other can help offset mortgage costs. The strong demand for rental properties in this desirable location ensures a favorable return on investment. New Boiler 12/2019, Electrical panels 11/2020, Water heater 2018, Roof 2017, windows 2010, walls insulated 2008, copper piping. Hardwood floors refinished and LVT in kitchen 2019, various updates to apartments 2019-2021. Garage being conveyed As Is. Needs work, currently used for storage.

MLS# 11813585Listed June 27, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms5

Size & Structure

Garage Spaces2
Year Built1925
Lot Size0.090 acres

Location

CountyCook
TownshipJefferson
Zip Code60630

Financial

List Price$450,000
Annual Taxes (2021)$7,244
Monthly Tax Est.$604
Parcel #13054260100000
Interior Features

Heating

Steam

Basement

UnfinishedFull
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

No GarageOn SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$7,244
Tax Year 2021
Monthly Tax Est.
$604
per month
Property Location

5633 Austin Avenue, Chicago, IL 60630Cook County

$450,000
5633 Austin Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
15 days on market
2-car garage
0.090 acres
$7,244/yr taxes
$2,969
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$604/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

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

Listed by
Dream Town Real Estate
Agent: Loreal Urso
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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