5938 Dunham Road
5938 Dunham Road
$269,900
3
2
1,186
1,186
$228
Contingent
Description
ATTENTION: Investors, savvy Buyers, or Builders! Check out this rare opportunity! The subject property has two small single-family homes on two separate parcels with two separate PIN #'s (0918401023 & 0918401013) Lot sizes: (52 X 200 & 52 X 69) with a combined lot size of 52 X 269. Each parcel has a small cottage, the front property is a 2 Bedroom/1 Bathroom/Carport, and the back property has a 1 Bedroom/1 Bathroom with a side driveway and separate parking apron. Both homes are currently rented on...ATTENTION: Investors, savvy Buyers, or Builders! Check out this rare opportunity! The subject property has two small single-family homes on two separate parcels with two separate PIN #'s (0918401023 & 0918401013) Lot sizes: (52 X 200 & 52 X 69) with a combined lot size of 52 X 269. Each parcel has a small cottage, the front property is a 2 Bedroom/1 Bathroom/Carport, and the back property has a 1 Bedroom/1 Bathroom with a side driveway and separate parking apron. Both homes are currently rented on month-to-month leases with both tenants wanting to stay in place. Both are long-time tenants and the current rents are $1,100/Front & $675/Back for a combined total income of $21,300/year. The Front parcel is on Lake water & public sewer, the Back parcel is on Lake water and Septic tank at the rear corner of the property. Both properties have storage sheds & common driveway access with convenient parking and turnaround capability/guest parking etc. All exteriors have been updated with the replacement of siding, roofs, windows, and HVAC with a decent amount of life left on all of them. Current Expenses: Lawn Care $1,900; Insurance $1,800; Water & Sewer $1,800; Combined Taxes $6,410; Miscellaneous $1,000 for about $12,900 in expenses. Some great options to consider: 1. Buyer could live in the front house and rent out the back house (keep current tenant) to help pay off a 15-year mortgage in record time. 2. An Investor could rent out both homes and collect over $20,000+ in yearly income and write off most of the yearly expenses. 3. A Builder could build on the Front parcel (no basement per Village of DG FEMA MAP) and possibly keep the Back parcel as a cottage or expand it and go up to create a generational living situation on the property. This unique opportunity offers many investment options to fit your needs. Enjoy living in the heart of DG with a walk to top-rated DG Schools and in a lovely area of higher-end homes. NOTE: We do not wish to disturb the current tenants - DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT! We will schedule times to gain access to the properties ONLY for serious interested parties. If there are too many interested, we will schedule a specific day & time segment to accommodate showing to All. Ideally, both Tenants would like to remain in place but can vacate upon the sale of the property within a reasonable timeframe for closing. Builders, please contact Mario Dovalina at DG Building & Planning Dept regarding any FEMA regulations. No Keybox, appointment only. We will need a minimum of 48-hour notice for scheduling-Afternoons are preferred.
- Listed by Jon Svitak • Platinum Partners Realtors
- Listed by Jane Svitak • Platinum Partners Realtors
Property Details for 5938 Dunham Road
Area
Downers Grove
TownshipDowners Grove
OwnershipFee Simple
Num Of Parking Spaces4.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Electric, Forced Air, Baseboard
Architectural StyleCottage
Location
LISTING UPDATED: 04/19/2024 10:08 AM
Property Details for 5938 Dunham Road
Status | Contingent |
---|---|
MLS # | 12017718 |
Days on Market | 7 |
Taxes | $6,410 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Detached Single / 1 Story |
Year Built | 1923 |
Lot Size | 0.32 AC / 13,988 SF |
County | DuPage County |
Location
Building Information for 5938 Dunham Road
Stories-Year Built1923Building Size-Lot Size0.32 AC / 13,988 SF
Payment Calculator
$2,007 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5938 Dunham Road
Property History for 5938 Dunham Road
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 5938 Dunham Road
Taxable ValueLand$1,870Additions$24,700Total$26,570
Tax Record2022$1,553 ($129 / month)
Home Facts
Beds2Baths1Total Finished SqFt450 SqFtAbove Grade Finished SqFt450 SqFtStories1Lot Size3,485 SqFtStyleSingle Family ResidenceYear Built1924ZoningRCountyDUPAGEAPN09-18-401-013
Schools near 5938 Dunham Road
This home is within Downers Grove Gsd 58 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Hillcrest Elementary School PublicK to 6 | ||
O Neill Middle School Public7 to 8 | ||
Downers Grove South High School Public9 to 12 | ||
Downers Grove Adventist School PrivatePK to 8 |
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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