5600 N Mango Avenue Chicago, IL 60646
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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 but in decent condition. Nice yard and a 2 car. Flood control too! Photos are of the garden and 2nd floor. I cannot make excuses for tenant house keeping. Good rents make this a great investment. Income Rents and $75 a month for laundry = $50580. yearly income - a 10.3 gross multiplier. Net income after expenses $10196 = Net income of $40384. or a 7.6% return CAP RATE.
|5 days ago||Listing updated with changes from the MLS|
|2 weeks ago||Status changed to Active|
|3 weeks ago||Status changed to Active Under Contract|
|2 months ago||Listing first seen online|