5506 North Luna Avenue

Chicago, IL 60630

$430,000
Last Sold Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Jefferson Park- Beautiful brick 2-flat on a serene, tree-lined street just 8 blocks from the Jefferson Park Blue Line Stop, as well as both the Union Pacific Metra and Milwaukee District North Metra Lines and only a few blocks from the expressway for easy access to the airport and downtown. Parks, shops and restaurants are very close. This building has two 2BR, 1BTH apartments, one on the first floor and one on the second floor and a 1BR garden apartment with two egresses (front and back). 2nd floor...Jefferson Park- Beautiful brick 2-flat on a serene, tree-lined street just 8 blocks from the Jefferson Park Blue Line Stop, as well as both the Union Pacific Metra and Milwaukee District North Metra Lines and only a few blocks from the expressway for easy access to the airport and downtown. Parks, shops and restaurants are very close. This building has two 2BR, 1BTH apartments, one on the first floor and one on the second floor and a 1BR garden apartment with two egresses (front and back). 2nd floor apartment is currently vacant. Tenants pay their own heat and gas. Rents are low and below market value. There is room to increase rents considerably especially with cosmetic updates. Building has 3 heating systems and 4 hot water heaters. Building was tuck pointed in 2021 and hallway and stairs have new carpeting. Window are original. Beautiful yard with patio and a 2-car garage.
  1. Listed by Michael Hall • Baird & Warner

Property Details for 5506 North Luna Avenue

Area
CHI - Jefferson Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Heat/Fuel
Hot Water/Steam, Baseboard, Radiator(s), Sep Heating Systems - 2+, Indv Controls
Zoning
MULTI

Location

Listing Courtesy of Baird & Warner

Sold By @properties Christie's International Real Estate

Add your commute
LISTING UPDATED: 08/24/2023 03:02 AM

Property Details for 5506 North Luna Avenue

StatusClosed
MLS #11773485
Days on Market111
Taxes$8,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1930
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner

Sold By @properties Christie's International Real Estate

Add your commute

Building Information for 5506 North Luna Avenue

Stories-Residences2Year Built1930Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$3,034 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5506 North Luna Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Farnsworth Elementary School
  • Jr High Middle School: Farnsworth Elementary School
  • High School District: 299
  • High School: Taft High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Finished
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Patio, Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 5506
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5530
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2023-04-18T18:13:46
  • Photos Count: 22
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 05-03-2023
Multi Family
Income & Expenses
  • Gross Income: $1,650.00
Unit 1
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MO/MO
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MO/MO

Property History for 5506 North Luna Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5506 North Luna Avenue

Taxable ValueLand$7,500Additions$33,500Total$41,000
Tax Record2022$8,438 ($703 / month)
Home Facts
Baths2Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1928CountyCOOKAPN13-09-100-037

Schools near 5506 North Luna Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Public - PK to 3
Public - 9 to 12
Rating
School
Distance
Farnsworth Elementary School
PublicPK to 8

Taft High School
Public7 to 12

Beard Elementary School
PublicPK to 3

Vaughn Occupational High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.