Beds5
Baths3
Sold On8/22/2023
Year1930
Mark Allen Realty
(773) 938-5220
Status:
Sold
Property Type:Multi Family- 2-4 Units
MLS #:11773485
Date Sold:8/22/2023
County:Cook
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.
Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 5/8/2023 | $525,000 | $495,000 | -5.7% |
| 8/22/2023 | $495,000 | $430,000 | -13.1% |
Community Information
Address:5506 N Luna Ave, Chicago, IL 60630
Area:Jefferson Park
County:Cook
City:Chicago
Township:Jefferson
Zip Code:60630
School Information
School District:299
High School:Taft High School
Middle School:Farnsworth Elementary School
Elementary School:Farnsworth Elementary School
Architecture
Bedrooms:
5
Bathrooms:
3
Year Built:1930
Exterior Construction Type: Brick
Total # Units in Building: 2
Age Range: 91-100 Years
Basement: Finished
Basement Type: Full
Garage Type: Detached
Attached Garage: Yes
Garage Ownership: Owned
Parking: Garage
Features / Amenities
Exterior Features: Patio, Cable Access
Cars: 2
Garage Spaces: 2
Heat Source / Type: Steam, Baseboard, Radiator(s), Sep Heating Systems - 2+, Indv Controls
Total Rooms:16
Property Features
Lot Dimensions:Standard Chicago Lot
Sewer: Public Sewer
Water: Lake Michigan
Zoning:MULTI
Directions:Luna Avenue between Catalpa and Bryn Mawr
Tax and Financial Info
Tax Year: 2021
Tax Annual Amount: $8,249.67
Ownership: Fee Simple
Gross Income: $1,650
Schools
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Listing provided courtesy of Baird & Warner.Listings courtesy of MRED MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of September 26, 2023 4:30 PM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS