Price change

$575,000

5445 N Magnet Ave, Chicago, IL 60630

6beds

--sqft

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Multi Family

Built in 1921

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Nice yardNice size apartments

Updated 2 flat with extra basement non-conforming apartment. All electric, plumbing and HVAC were updated approximately 8 years ago along with some kitchens and bathrooms. Nice size apartments first and second floors have 2 bedrooms. Extra tandem bedroom on 1st floor. Basement is 4 room 2 bedrooms. Nice yard and a 2 car garage. Rents: Non-conforming garden $1250. Includes all utilities. 1st floor: $1800. 1st floor pays utilities and receives a $100. credit for basement utilities so they pay $1700. net rent. 2nd floor: $1595. They pay their own utilities. Garage $300. Rented to someone not living in property Mo. to Mo. Total income $4845. a month $58140 gross yearly less $12444. expenses or $45696. Net income or 7.74% return!! Great investment.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Enclosed Porch

Heating

Natural Gas, Forced Air, Space Heater

Features

Basement: Finished,Full

Property

Parking

Total spaces: 2
Parking features: Yes, Garage Owned, Detached, Garage
Garage spaces: 2

Features

Patio & porch: Porch
Fencing: Fenced

Lot

Size: 3,484 Square Feet
Dimensions: 30 X 125

Details

Parcel number: 13082110050000
Zoning: MULTI
Special conditions: None
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1921

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Chicago

Financial & listing details

Tax assessed value: $410,000
Annual tax amount: $8,240
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/31/2024	Listing removed	$549,900
Source: MRED as distributed by MLS GRID #12108960 Report a problem
8/26/2024	Contingent	$549,900
Source: MRED as distributed by MLS GRID #12108960 Report a problem
7/12/2024	Listed for sale	$549,900
Source: MRED as distributed by MLS GRID #12108960 Report a problem
7/12/2024	Listing removed	--
Source: MRED as distributed by MLS GRID #12095635 Report a problem
6/27/2024	Listed for sale	$549,900+89.6%
Source: MRED as distributed by MLS GRID #12095635 Report a problem
10/28/2016	Sold	$290,000-10.7%
Source: MRED as distributed by MLS GRID #09207456 Report a problem
5/10/2016	Pending sale	$324,900
Source: Chicago Area Realty Inc #09207456 Report a problem
4/27/2016	Listed for sale	$324,900+88.9%
Source: Chicago Area Realty Inc #09207456 Report a problem
2/24/1995	Sold	$172,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$41,000 +17.1%
2023	$7,390 +2.6%	$35,003
2022	$7,204 +2.3%	$35,003
2021	$7,043 +26.5%	$35,003 +40.1%
2020	$5,567 -2.4%	$24,976 -12%
2019	$5,706 +1.7%	$28,382
2018	$5,610 -7.6%	$28,382 +0.7%
2017	$6,068 +17.9%	$28,172
2016	$5,145 -6.2%	$28,172 -13.4%
2015	$5,483 +10.7%	$32,528 +7.8%
2014	$4,955 +2.3%	$30,171
2013	$4,842 +7.1%	$30,171
2012	$4,522 -3.1%	$30,171 -19.4%
2011	$4,667 +15.7%	$37,421
2010	$4,035 +17.1%	$37,421
2009	$3,446 -30.2%	$37,421 -10.4%
2008	$4,934 +6.4%	$41,754
2007	$4,635 +19.6%	$41,754
2006	$3,876 +6.3%	$41,754 +40.9%
2005	$3,648 +3.1%	$29,625
2004	$3,539 +3.9%	$29,625
2003	$3,404 -1.8%	$29,625 +40.4%
2002	$3,467 +4.7%	$21,099
2001	$3,310 +5.1%	$21,099
2000	$3,148 -0.3%	$21,099 +15%
1999	$3,157	$18,353

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Gladstone Park

Getting around

88 / 100

Very Walkable

61 / 100

Good Transit

79 / 100

Very Bikeable

Nearby schools

GreatSchools rating

7/10
Farnsworth Elementary School
Grades: PK-8Distance: 0.3 mi
6/10
Taft High School
Grades: 7-12Distance: 1 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.