Multifamily For Sale

$249,000

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5723 W Windsor Avenue

  • 3 beds
  • 2 baths
  • – sqft
  • 10,890 sqft lot
  • 1906 build
  • on site

These numbers make sense on this multi-unit! You can utilize FHA financing with a 3.5% down payment and practically live for free while you continue renting the other unit or you can buy it as an investment property and start making money on day one. The first floor unit features two (2) bedrooms and it is already rented for $1,500 per month through May 30, 2020. Your loan officer can use the existing lease as additional income on your loan application as long as the appraiser confirms it on his or her rental schedule, which makes qualifying for this purchase even easier for you! Then live in the second floor, one (1) bedroom unit or rent it for $1,000 per month. As a full rental, your monthly cash flow is $2,500 per month or $30,000 per year. Please keep in mind that you cannot put a garage on this property but there is ample street parking. This is a great investment! Very low taxes! A must see.

MRED logo Listing courtesy of MRED / Keller WIlliams ONEChicago

Last checked: Checking… • Last updated Apr 10, 2021 •

MLS# 10440800 —

Amenities & Taxes

The Building

Year Built:
1906
REBUILT:
No
New Construction:
false
Architectural Style:
Traditional
Foundation Details:
Concrete Perimeter
Basement:
Full,Walkout

Interior

Rooms Total:
8

Location

Directions:
Pass Montrose, head north on Central and then go west (left) on Windsor to 5723

The Property

Parcel Number:
13172230170000
Property Type:
Residential Income
Lot Size Dimensions:
4,462 SF
Lot Size Acres:
0.25
Zoning:
MULTI
Waterfront:
false
Lot Features:
Fenced Yard
Location:
A

Listing Agent

Contact info:

Taxes

Tax Year:
2018
Tax Annual Amount:
2469.15

Beds

Bedrooms Total:
3
Bedrooms Possible:
3

Baths

Bathrooms:
2
Bathrooms Full:
2
Full Baths:
2
Unit 1 Full Baths:
1
Unit 2 Full Baths:
1

The Listing

Special Listing Conditions:
None

Heating & Cooling

Heating:
Natural Gas,Steam

Utilities

Sewer:
Sewer-Storm
Water Source:
Lake Michigan

Schools

Elementary School District:
299
Middle Or Junior School District:
299
High School District:
299

Schools

Rating Details
5

Prussing Elementary School

  • Public
  • K-8
  • 0.2 mi
4

William Howard Taft High School

  • Public
  • 7-12
  • 1.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

  • FEMA Zone (est.):
  • Flood insurance:

Get an instant insurance quote

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

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Sale history

Date Event Source Price % Change
9/21/20
Listed / Active MRED $249,000 99.2% (19.3% / YR)
8/4/15
Sold MRED $125,000

Finding records…

No additional history available

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5723 W Windsor Avenue
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