5511 West North Avenue

Chicago, IL 60639

$312,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Presently a Real Estate office with 2 units that rent for 950.00 and 985.00 each. office rents for 1200.00 a month. Current lessees are CHA and have been living in units for over 8 years. This unit may be able to be purchase FHA or VA........................... office remodel in oct 2023, electrical updated in oct 2023, hot water update in Oct 2023. Total rents are 3135.00 monthly, and all lessees are month to month.Presently a Real Estate office with 2 units that rent for 950.00 and 985.00 each. office rents for 1200.00 a month. Current lessees are CHA and have been living in units for over 8 years. This unit may be able to be purchase FHA or VA........................... office remodel in oct 2023, electrical updated in oct 2023, hot water update in Oct 2023. Total rents are 3135.00 monthly, and all lessees are month to month.
  1. Listed by Sidney Taylor • Sir Sid Realty, LTD

Property Details for 5511 West North Avenue

Area
CHI - Austin
Zoning
COMMR

Location

Listing Courtesy of Sir Sid Realty, LTD
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LISTING UPDATED: 04/19/2024 12:06 AM

Property Details for 5511 West North Avenue

StatusActive
MLS #11918087
Days on Market182
Taxes$1,982 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1950
Lot Size0.04 AC / 1,900 SF
CountyCook County

Location

Listing Courtesy of Sir Sid Realty, LTD
Add your commute

Building Information for 5511 West North Avenue

Stories-Residences3Year Built1950Lot Size0.04 AC / 1,900 SF

Payment Calculator

$1,868 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,703

Property Taxes

$165

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5511 West North Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 4.0
Location and General Information
  • Geographic Locale: Chicago Northwest
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Estimated Tax/Sf: 25
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Misc Outside: Enclosed Stairs
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Insurance, Other
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 125X25
  • Lot Size Square Feet: 1900.0
  • Stories: 2
  • Roof Type: Rubber
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Building Area Total: 1725
  • # Of Offices: 1
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: Yes
Property and Assessments
  • Possible Use: Retail
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 19
  • Estimated Cam/Sf: 250.25
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $1,500.00
  • Fuel Expense: $2,500.00
  • Gross Income: $36,000.00
  • Gross Scheduled Income: $36,000.00
  • Insurance Expense: $1,200.00
  • Known Encumbrances: First Mortgage
  • Net Operating Income Year: 2021
  • Total Monthly Income: 3000
  • Other Expense: $.00
  • Trash Expense: $700.00
  • Water Sewer Expense: $1,800.00

Property History for 5511 West North 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 5511 West North Avenue

Taxable ValueLand$3,125Additions$6,875Total$10,000
Tax Record2022$1,353 ($113 / month)
Home Facts
Baths2.5Total Finished SqFt2,980 SqFtAbove Grade Finished SqFt2,980 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN16-04-101-008

Schools near 5511 West North Avenue

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

Orr Academy High School
Public9 to 12

ITW David Speer Academy
Charter9 to 12

Prosser Career Academy 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.

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5511 West North Avenue is a mixed use property for sale in Chicago, IL 60639. This property was listed for sale on October 30, 2023 by Sir Sid Realty, LTD, it's currently listed at $312,000. It has been on the market for a total of 182 days and was last sold on May 1, 2007. This listing's school district is City Of Chicago School District 299. Nearby schools include Young Elementary School, Orr Academy High School and ITW David Speer Academy. 5511 West North Avenue is a 0-bed, 0-bath, mixed use property built in 1950.

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 Sir Sid Realty, LTD

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.