Closed

$589,000

5848 Merrimac Avenue, Chicago, IL 60646
5 Beds3 Baths6 days
5848 Merrimac Avenue·Chicago, IL 60646
5Bedrooms
3Bathrooms
1930Year Built
About This Home

This legal 3-unit property is a must-see on a great, quiet block. The well-maintained brick building consists of three units, all in excellent condition. Each unit is responsible for its own utilities, and the building features a coin-operated washer and dryer for added convenience. The leases are month-to-month, providing flexibility for both the landlord and tenants. The first-floor unit has been recently updated. The second-floor unit is in impeccable condition, offering a comfortable living space. Wood floors grace the interiors of units 1 and 2. Additionally, the garden unit features one bedroom and one bathroom. Rents are below market price.

MLS# 11971788Listed February 7, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1930
Lot Size30X125

Location

CountyCook
TownshipJefferson
Zip Code60646

Financial

List Price$589,000
Annual Taxes (2022)$7,970
Monthly Tax Est.$664
Parcel #13053110260000
Interior Features

Heating

Natural GasSteam

Basement

UnfinishedPartial
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Schools
Elementary
Hitch Elementary School
District: 299
High School
William Howard Taft High School
District: 299
Tax & Financial
Annual Taxes
$7,970
Tax Year 2022
Monthly Tax Est.
$664
per month
Property Location

5848 Merrimac Avenue, Chicago, IL 60646 — Cook County

$589,000
5848 Merrimac Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
2-car garage
30X125
$7,970/yr taxes
$3,760
estimated monthly payment
Principal & Interest
$3,095/mo
Property Tax
$664/mo
$589,000
20% — $117,800
3%50%
6.875%
3%12%
Loan Amount
$471,200
Down Payment
$117,800

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

Listed by
RCI Realty LLC
Agent: Emilia Anderson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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