5542 West Bryn Mawr Avenue
5542 West Bryn Mawr Avenue
$861,000
11
6
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—
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Closed 8/17/22
Description
No more showings. Seven very strong offers received. Best and final due tuesday (5/31/2022). We are comparing all of the offers this evening and will have a decision tomorrow (weds). Thank you for your patience. Five 2BR/1BA Unit plus one 1BR/1BA unit multi-family building in the vibrant Jefferson Park neighborhood has been meticulously maintained for over 35 years with one owner. Five of the units has two large bedrooms, a large living space, and eat-in kitchen. The 1BR/1BA in-law unit is spacious...No more showings. Seven very strong offers received. Best and final due tuesday (5/31/2022). We are comparing all of the offers this evening and will have a decision tomorrow (weds). Thank you for your patience. Five 2BR/1BA Unit plus one 1BR/1BA unit multi-family building in the vibrant Jefferson Park neighborhood has been meticulously maintained for over 35 years with one owner. Five of the units has two large bedrooms, a large living space, and eat-in kitchen. The 1BR/1BA in-law unit is spacious as well with a full eat-in kitchen. All five of the 2BR units have gorgeous hardwood floors in the living room and bedrooms hiding under the carpeting! The building is in great shape and you could make cosmetic updates to further maximize rent. The building has 5 outdoor parking spaces. Coin laundry in the building. All units have private storage closets. The five 2BR units pay for their own electricity, cooking gas and HEAT. Each unit has their own boiler. The building has very long term tenants (some 20 to 30+ years) with under market rents but even so, it provides a strong income stream and has a 7% Cap rate (setting the rental units to market rate will push this much higher). This beautiful, very quiet, well-maintained multifamily building is in a great location with easy access to public transportation, expressways and all that Jefferson Park has to offer. Close to Target, Mariano's, Chase, etc. This building is a low maintenance cash cow. Please see 5542 W Bryn Mawr Building Expenses for 2021, Rent Roll and Disclosures under Additional Docs Tab.
- Listed by Brian Reid • BF Realty, Inc
Sold By Century 21 Affiliated
Property Details for 5542 West Bryn Mawr Avenue
Area
CHI - Jefferson Park
TownshipJefferson
Num Of Parking Spaces5.0
Location
LISTING UPDATED: 08/20/2022 03:01 AM
Property Details for 5542 West Bryn Mawr Avenue
Status | Closed |
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MLS # | 11418220 |
Days on Market | 81 |
Taxes | $11,909 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 1972 |
Lot Size | - |
County | Cook County |
Location
Building Information for 5542 West Bryn Mawr Avenue
Stories-Residences6Year Built1972Building Size-Lot Size-
Payment Calculator
$5,691 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5542 West Bryn Mawr Avenue
Property History for 5542 West Bryn Mawr Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5542 West Bryn Mawr Avenue
Taxable ValueLand$9,980Additions$45,020Total$55,000
Tax Record2022$11,319 ($943 / month)
Home Facts
Baths6Total Finished SqFt6,058 SqFtAbove Grade Finished SqFt6,058 SqFtStories3Lot Size4,990 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyCOOKAPN13-04-309-045
Schools near 5542 West Bryn Mawr 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.
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