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Image 1 - 5623 S Newcastle Ave, Chicago, Illinois, 60638 - House for sale
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S Newcastle Ave, Chicago, Home For Sale
5623 S Newcastle Ave, Chicago, Illinois, 60638

S Newcastle Ave, Chicago, Home For Sale

house for sale
Listed: 06/29/24

5623 S Newcastle Ave, Chicago, Illinois, 60638

6 Bed:
3 Bath:
Save
Price
$ 469,000

About This House

Nestled in a prime location, this 2-unit property offers a unique opportunity for investors or owner-occupants alike. This could be converted into a 3-unit. The main floor and basement unit feature a spacious layout with 2 bedrooms and 1 bathroom on the main level, complemented by an additional 2 bedrooms and 1 bath in the basement, currently rented at $1000 per month. The upper floor unit boasts 2 bedrooms and 1 bath and is owner-occupied, presenting potential for rental income or personal use. Hardwood flooring throughout. Roof has a new layer in 2015. Whether you're seeking an investment property with steady rental income or a home with supplementary rental potential, this property offers both in a highly desirable neighborhood. Schedule a showing today to explore all that this versatile property has to offer

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Garfield Ridge Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Garfield Ridge, Chicago, United States averaged $382,065, a decrease of 3% from the previous month.
Median price trends for properties for sale in Garfield Ridge, Chicago, United States as of June 2024.

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.