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 can be easily rented for $1,500 per month. 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 on 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! This is also an as-is, where-is sale. A must see.
Property Map
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Property Details
Utilities
Heating Natural Gas, Steam
Cooling
Water Lake Michigan
Sewer Sewer-Storm
Additional Information
Parking
Parking not included in price
Schools
District 299
Payment Calculator
Listing History
06-03-2021
Listed at $290,000
10-27-2021
Status changed to Under Contract
11-08-2021
Status changed to Closed
11-08-2021
Sold at $280,000
Last Modified 11/8/21 8:43 PM
Nearby Transportation
Bus 85
0.2 mi
Bus 78
0.2 mi
Bus 91
0.3 mi
Bus 81W
0.3 mi
Bus 88
0.5 mi
Bus 56
0.6 mi
Bus 81
0.6 mi
Bus 68
0.7 mi
Bus 85A
0.7 mi
Bus 92
0.7 mi
Bus 80
0.7 mi
Bus X98
0.7 mi
Bus 86
0.8 mi
Bus 152
1.2 mi
Bus 54A
1.2 mi
Union Pacific Northwest
0.7 mi
Blue Line
0.7 mi
I 90 East
0.7 mi
I 90 West
0.8 mi
I 94 East
1.2 mi
I 94 West
1.3 mi
I 190 East
4.8 mi
I 190 West
4.9 mi
I 294 North
4.9 mi
I 294 South
4.9 mi
For More Information
(312) 528-9200
For more information about 5723 W Windsor, Chicago, IL 60630 contact Corcoran Urban Real Estate.
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Listing provided by Peter Drossos Real Estate
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
