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5633 N Meade Avenue

Chicago, IL 60646
  • $598,000
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: 12171558
Under Contract
UPDATED: 30 min ago
$598,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
High School:
School District:
299

Description

Finally: A true turnkey rental property. No massive renovation needed. Live offsite and collect the full income each month or live in the renovated 2flat with a second income producing unit. Each unit is a legal 3bedroom with modern upgrades, including brand new kitchen appliances, countertops, cabinets, washer, dryer, HVAC, windows, and electric rewire. This isn't just a surface-level paint-job; the owner has put in substanial improvements so that the property can coast on minimal maintenance for the next decade in this highly sought neighborhood. High pride-of-ownership up and down the wide, tree-lined streets. Easy street parking, onsite 2-car garage, good schools, nearby forest preserves, great walkability scores, and also close access to the CTA, Metra, and highways. Enjoy peace of mind for years to come, from the broad, unflooded basement to the top of the attic. Both spaces have high enough ceilings to make into duplexes, or leave as abundant storage space. The flexibility of this property means that even if in 5 years you move out, the rental income can keep chugging along here on nearly autopilot. Check your comps and you will see, this one is going to fly.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-11-11T23:58:50.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5633 N Meade Avenue Chicago, IL 60646

  • Price: $598,000
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 30 min ago
  • MLS #: 12171558
6
Beds
0
Baths
0
½ Baths
0.08
Acres
1925
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Elementary School:
Hitch Elementary School
High School:
Taft High School
School District:
299
Property Description
Finally: A true turnkey rental property. No massive renovation needed. Live offsite and collect the full income each month or live in the renovated 2flat with a second income producing unit. Each unit is a legal 3bedroom with modern upgrades, including brand new kitchen appliances, countertops, cabinets, washer, dryer, HVAC, windows, and electric rewire. This isn't just a surface-level paint-job; the owner has put in substanial improvements so that the property can coast on minimal maintenance for the next decade in this highly sought neighborhood. High pride-of-ownership up and down the wide, tree-lined streets. Easy street parking, onsite 2-car garage, good schools, nearby forest preserves, great walkability scores, and also close access to the CTA, Metra, and highways. Enjoy peace of mind for years to come, from the broad, unflooded basement to the top of the attic. Both spaces have high enough ceilings to make into duplexes, or leave as abundant storage space. The flexibility of this property means that even if in 5 years you move out, the rental income can keep chugging along here on nearly autopilot. Check your comps and you will see, this one is going to fly.
Exterior Features

Exterior Building Type Vinyl Siding Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s)Transmitter(s) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Garage Parking Total 2 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 2 Half Baths In Building 0 Heating Natural GasForced Air Room Type Den Rooms Total 14

Property Features

Age 91-100 Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 8018.23 Tax Year 2023 Total Numberof Unitsin Building 2 Township Jefferson Type Two to Four Units Water Source Lake Michigan Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of First Midwest Realty LLC: 630-257-3030.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-11-11T23:58:50.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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