5335 N Magnet Avenue, Chicago, IL 60630 - Photo 1

1/1

$495,000

Sold
Closed
Multi-Family
5 Total Beds
2 Car Garage

1/1

Property Description

Jefferson Park very nice 2 flat with extra in law suite in basement. Separate gas forced air furnaces with central air. Updated cabinets in kitchens and nicely tiled baths. Refinished hardwood floors. Both 5 room 2 bedroom one bath apartments and sharp looking 1 bedroom in basement. 2 car garage and ample rear yard area. First floor rent is gross at $1415 that pays the heat for the basement so seller gives a $60 credit netting rent to $1355. Garage $200 month to month. $75 laundry. Net income yearly $38642. - 8% rate of return!! Near Milwaukee, Central and Foster intersection. Perfect convenient location near all kinds of public transportation and shopping. Minutes to expressways to the loop or airport. Basement is non-conforming sorry no FHA loans. Original price was a typo error by listing broker. $489,900 is correct list price.

Full Property Details

Full Property Details for 5335 N Magnet Ave

General

Sold For: $495,000
Taxes: $6,070 (2020)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 11379848
Added to Site: 981 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Exterior

Exterior Features: Fee Simple

Parking

Garage: Yes
Garage Ownership: Fee Simple
Garage Spaces: 2
Number of Cars: 2
Parking Type: Garage

Location

Area: CHI - Jefferson Park
County: Cook
Subdivision: Gladstone Park
Driving Directions: MINWAUKEE N OF FOSTER TO PARKSIDE W TO MAGNET NORTH

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Forced Air

Utilities

Water: Lake Michigan

Structural Information

Architectural Style: Colonial
Exterior Const.: Frame
Basement Desc.: Full, Walk-Out
Foundation: Concrete Perimeter
Roof: Asphalt
Year Built: 1925
Built Before 1978: Yes

Unit Information

Units in Building: 3

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 3, 300 SQ FT
Lot Features: Fenced Yard
Zoning: MULTI

Financial Considerations

Parking Included: Yes
Assessment Year: 1925
Tax Amount: $6,070
Tax Year: 2020

Disclosures and Reports

Ownership: Fee Simple
Property ID: 13082240150000

Listed by Compass
Sold by American International Realty

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Schools

Schools serving 5335 N Magnet Ave

School District:Chicago Public Schools

Rating	Name	Grades	Distance
	Farnsworth Elementary School 5414 N Linder Ave, Chicago, IL 60630	PK-8	0.3 mi
	William Howard Taft High School 6530 W Bryn Mawr Ave, Chicago, IL 60631	9-12	1.2 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5335 N Magnet Ave

Date

Details

Price

Change

Source

6/14/2022

Sold

$495,000

1.04%

MLS

4/22/2022

Price Increased

$489,900

3.14%

MLS

4/20/2022

Listed

$475,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5335 N Magnet Avenue, Chicago, IL 60630 (MLS# 11379848) is a Multi-Family property that was sold at $495,000 on June 14, 2022. Want to learn more about 5335 N Magnet Avenue? Do you have questions about finding other Multi-Family real estate for sale in Jefferson Park? You can browse all Jefferson Park real estate or contact a Coldwell Banker agent to request more information.

5335 N Magnet Ave Chicago, IL 60630