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$475,000

5937 Fairfield Avenue, Chicago, IL 60659
6 Beds2 Baths8 days
5937 Fairfield Avenue·Chicago, IL 60659
6Bedrooms
2Bathrooms
1923Year Built
About This Home

Excellent opportunity to own a beautiful, all brick jumbo two-unit building on an extra wide lot, is nestled in the heart of extremely sought after areas including Lincoln Square, Sauganash, North Park, West Ridge, Rogers Park and Arcadia Terrace. The property has two huge 3 bedroom, 1 bathroom units and a full sized dry and unfinished basement with shared laundry. The top floor unit includes upgrades such as 42" Maple Cabinets & Stainless Steel Appliances and a new Bathroom (2016) w/ walk-in shower and nice finishes. Both units also include high efficiency central heat & air, wall to wall hardwood floors, built-in decorative shelves, crown molding, french doors and plenty of closet space. The property also features a nice sized fenced backyard and an all brick garage w/ plenty of room for an additional outdoor space or a garage addition, for 3 full size stalls. This property has been under current ownership for 20 years and has always had a consistent rental history. Current tenants are extremely long term tenants enjoying a very low rent as compared to the market. This is a solid investment in a prime Chicago location with a historically stable and diverse neighborhood known for its quiet tree lined, one-way streets and many beautiful parks and good schools. Set between Mather's and Green Briar parks with great access to public transportation. Solid investment in a prime Chicago location. Walk to Park, Whole Foods, Marianos & Target. Quick access to Expressway & Lake. The property is being sold "As-Is", providing a unique opportunity for investors to upgrade the existing units. Perfectly set up to duplex the main floor with the unfinished basement to raise rents significantly or create up to a 5 bed 3 bath owners unit. This is also a perfect opportunity for a home buyer to convert to a massive single family home, designed specifically to their tastes. Existing tenants are month to month, have been given notice and will be out 4/1 at the latest. The property will be delivered clean and vacant. Tenants require 48 hours notice for showings. ALL SHOWINGS to start on Sunday 2/4. Please reach out to LA to get on the schedule for a showing block on 2/4 or 2/5. On these 2 days we will be able to show you the entire building.

MLS# 11960188Listed January 30, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1923
Lot Size30X125

Location

CountyCook
TownshipNorth Chicago
Zip Code60659

Financial

List Price$475,000
Annual Taxes (2022)$8,534
Monthly Tax Est.$711
Parcel #13014010110000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Schools
Elementary
Jamieson Elementary School
District: 299
Middle School
Jamieson Elementary School
District: 299
High School
Mather High School
District: 299
Tax & Financial
Annual Taxes
$8,534
Tax Year 2022
Monthly Tax Est.
$711
per month
Property Location

5937 Fairfield Avenue, Chicago, IL 60659Cook County

$475,000
5937 Fairfield Avenue
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
30X125
$8,534/yr taxes
$3,207
estimated monthly payment
Principal & Interest
$2,496/mo
Property Tax
$711/mo
$475,000
20% — $95,000
3%50%
6.875%
3%12%
Loan Amount
$380,000
Down Payment
$95,000

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

Listed by
Compass
Agent: Todd Takes
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