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5506 N Luna Avenue

$430,000
5506 N Luna Avenue, Chicago, IL 60630
5506 N Luna Avenue

5506 N Luna Avenue

$430,000

Jefferson Park- Beautiful brick 2-flat on a serene, tree-lined street just 8 blocks from the Jefferson Park Blue Line Stop, as well as both the Union Pacific Metra and Milwaukee District North Metra Lines and only a few blocks from the expressway for easy access to the airport and downtown. Parks, shops and restaurants are very close. This building has two 2BR, 1BTH apartments, one on the first floor and one on the second floor and a 1BR garden apartment with two egresses (front and back). 2nd floor apartment is currently vacant. Tenants pay their own heat and gas. Rents are low and below market value. There is room to increase rents considerably especially with cosmetic updates. Building has 3 heating systems and 4 hot water heaters. Building was tuck pointed in 2021 and hallway and stairs have new carpeting. Window are original. Beautiful yard with patio and a 2-car garage.
Michael Hall
Michael Hall Contact

Features & Amenities

Interior

Total Bedrooms 5
Total Bathrooms 3

Exterior

Garage Space 2.0
Water Source Lake Michigan
Heat type Steam, Baseboard, Radiator(s), Sep Heating Systems - 2, Indv Controls
Sewer Public Sewer
Other Exterior Features Patio, Cable Access

Area & Lot

Status Sold
MLS® ID 11773485
Type Multi-Family
Year Built 1930
ELEMENTARY SCHOOL Farnsworth Elementary School
MIDDLE SCHOOL Farnsworth Elementary School
HIGH SCHOOL Taft High School
School District 299

Financial

SALES PRICE $430,000
REAL ESTATE TAXES $8,250/yr
Zoning MULTI

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