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Image 1 - 4940 North Mason Avenue, Chicago, IL 60630, USA - Duplex for sale
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Image 9 - 4940 North Mason Avenue, Chicago, IL 60630, USA - Duplex for sale
Residential Income
4940 North Mason Avenue, Chicago, IL 60630, USA

Residential Income

duplex for sale
51 views
Listed: 02/13/23

4940 North Mason Avenue, Chicago, IL 60630, USA

9 Bed:
1 Bath:
Save
Price
$ 585,000

About This Duplex

Attention investors: Solid income producingLEGAL 3flat in Jefferson Park, Chicago. With minimal effort new owners can receive over $50k in revenue! Building features the following: 2 units (unit 2 and 3 both rented) each 3 bed and 1 bath same ample layouts. Each unit has an enclosed porch for additional storage. Unit 1, currently not rented, is ready for tenants having a full kitchen, 2 good sized bedrooms and an additional den/office/pantry room. Garage is not the standard "1.5" sized garage actually 2.5! In the recent past, the current owner received $1100/month in rent. Besides a tuckpointing project from previous owners in 2017, current owner has done the following maintenance/improvements: New Windows (2018), tuckpointing (2018), 60 gallon boiler (2018), Unit1 …  Full description

Amenities

  • This duplex has a spectacular relaxation spot - a deck Roof Deck

Property Also Includes

  • Parking
  • Storage

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Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.