5600 North Mango Avenue

Chicago, IL 60646

$570,000
Last Sold Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nice corner brick 2 flat with additional in law apartment in basement. All are spacious apartments including basement. 1st and 2nd floor units have formal dining rooms. All separate utilities. 1st and 2nd floor have gas hot water boilers - basement has a gas forced air furnace and central air. Kitchens and baths have been updated a while ago and in decent condition. Nice yard and a 2 car. Flood control too! Good rents make this a great investment. Owner pays only for taxes, insurance, water and sewer....Nice corner brick 2 flat with additional in law apartment in basement. All are spacious apartments including basement. 1st and 2nd floor units have formal dining rooms. All separate utilities. 1st and 2nd floor have gas hot water boilers - basement has a gas forced air furnace and central air. Kitchens and baths have been updated a while ago and in decent condition. Nice yard and a 2 car. Flood control too! Good rents make this a great investment. Owner pays only for taxes, insurance, water and sewer. Income for Rents plus $75 a month for laundry = $52740. yearly income - a 10.4 gross multiplier. Net income after expenses $10908 = Net income of $40832. or a 7.42% return CAP RATE. All tenant occupied. First showings Friday 1/5/2023. 4:30 - 6PM. Tenant occupied 48-hour minimum notice and no appointments after 7PM. Schedule appointments through showing assist.

Listing Agents

  1. Matthew Mika

    Matthew Mika

    Listing Agent

    Compass

    matt.mika@compass.com

    P: 773.406.1792

  2. Norbert Mika

    Norbert Mika

    Alternative Listing Agent

    Compass

Sold By Su Familia Real Estate Inc

Property Details for 5600 North Mango Avenue

Area
CHI - Jefferson Park
Township
Jefferson
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Baseboard
Zoning
MULTI

Location

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LISTING UPDATED: 04/01/2024 08:18 PM

Property Details for 5600 North Mango Avenue

StatusClosed
MLS #11951775
Days on Market95
Taxes$8,233 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1945
Lot Size0.09 AC / 3,920 SF
CountyCook County

Location

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Building Information for 5600 North Mango Avenue

Stories-Residences3Year Built1945Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$3,797 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,111

Property Taxes

$686

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5600 North Mango Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • 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: 13
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 5
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Utility Room-Lower Level
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 71-80 Years
  • Lot Description: Corner Lot
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 36 X 124
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 5600
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5700
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 3
  • Document Date: 2024-01-07T14:30:25
  • Photos Count: 1
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $52,740.00
  • Insurance Expense: $2,495.00
  • Insurance Expense Source: Actual
  • Other Addl Income: Coin Laundry
  • Water Expense Source: Actual
  • Net Operating Income: $40,832.00
  • Professional Management Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,180.00
Unit 1
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/24
Unit 2
  • Unit Type Actual Rent: $1,425.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 7/24
Unit 3
  • Unit Type Actual Rent: $1,195.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 7/24

Property History for 5600 North Mango 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 5600 North Mango Avenue

Taxable ValueLand$8,684Additions$31,320Total$40,004
Tax Record2022$8,233 ($686 / month)
Home Facts
Baths2Total Finished SqFt2,427 SqFtAbove Grade Finished SqFt2,427 SqFtStories2Lot Size4,340 SqFtStyleMulti-Family Res (5+ Units)Year Built1947CountyCOOKAPN13-05-430-044

Schools near 5600 North Mango 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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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.

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.