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5742 North Milwaukee Avenue, Chicago, IL 60646
$340,000
5742 North Milwaukee Avenue, Chicago, IL 60646View this property at 5742 North Milwaukee Avenue, Chicago, IL 60646
5742 North Milwaukee AvenueChicagoIL60646
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Property Description
Attention investors, rehabbers, handymen, & business owners! Own a piece of Jefferson Park history! The ground floor commercial space consists of 2 retail storefronts that were combined into 1 huge space that housed the beloved Gladstone Park Bakery. The commercial space is roughly 4,200 sq ft & includes 2 half bathrooms. Lots of storage space in the unfinished basement. The second level features 2 apartments: a 3 bed/1 bath unit & a 2 bed/1 bath unit. Lots of income opportunity! Cap rate is approximately 8.7% Ideal location! Perfect time to buy in hot Jefferson Park area. See virtual 3D tour in the link provided.
Full Property Details
Full Property Details for 5742 N Milwaukee Ave
General
- Sold For: $340,000
- Taxes: $12,481 (2015)
- Status: Closed
- Type: Commercial
- MLS ID: 09758896
- Added to Site: 2, 421 day(s) ago
Location
- County: Cook
- Driving Directions: north/south on Milwaukee to property; just north of Bryn Mawr.
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Heating Type: Gas, Hot Water, Radiators
Structural Information
- Construction: Brick, Concrete, Steel
- Square Feet: 7,598
- Year Built: 1920
Lot Features
- Lot Dimensions: 50 x 104
- Zoning: OTHER
Financial Considerations
- Tax Amount: $12,481
- Tax Year: 2015
Listed by Century 21 S.G.R., Inc.
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Schools
Schools serving 5742 N Milwaukee Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5625 N McVicker Ave, Chicago, IL 60646 | PK-8 | 0.1 mi | |
6530 W Bryn Mawr Ave, Chicago, IL 60631 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5742 N Milwaukee Ave
Date
Details
Price
Change
Source
12/31/2018
Sold
$340,000
-24.28%
MLS
11/05/2018
Price Reduced
$449,000
-5.27%
MLS
6/27/2018
Price Reduced
$474,000
-5.19%
MLS
1/08/2018
Price Reduced
$499,950
-22.97%
MLS
9/22/2017
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5742 North Milwaukee Avenue, Chicago, IL 60646 (MLS# 09758896) is a Commercial property that was sold at $340,000 on December 31, 2018. Want to learn more about 5742 North Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Jefferson Park? You can browse all Jefferson Park real estate or contact a Coldwell Banker agent to request more information.