5407 N Glenwood

5407 N Glenwood

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Why buy a condo for approximately $500,000 when you could own your own property for the same monthly cost in this totally rehabbed 2-Flat located in the heart of Andersonville.

The below table compares the financial equivalent of purchasing your own piece of property versus a buying a condo. By simply renting out one of the units and living in the other, one’s estimated buying power increases approximately $343,063 versus buying a condo.

Table comparing monthly costs of 5407 N Glenwood versus a condo purchase

Details on how the above table was calculated, the table below uses 5407 N Glenwood’s financials and an estimated monthly payment based on the next homeowner living in one unit and renting out the other. Comparisons using the same loan terms and down payment shows the buying power of 5407 N Glenwood versus your typical condo:

Proforma Financials of 5407 N Glenwood and value difference of 5407 N Glenwood versus a condo purchase

Beautifully renovated brick 2-flat in the heart of Andersonville. Each unit has 2 full bedrooms plus a 3rd bedroom or office. Unit 1 has a functional staircase to the basement with tall enough ceilings to create another floor of living space, which could increase rental income or create a livable duplex down.

Kitchens and pantries fully remodeled in 2017 with high-end cabinetry, marbled quartz counter tops, and stainless appliances. Modern bathrooms with tile floors, stone counter tops, and plenty of storage. Tons of character including tall ceilings, original woodwork, built-in storage, stained glass windows, brick fireplaces, iceboxes, hardwood floors. New lighting and fixtures throughout. Beautifully landscaped yard with raised bed garden plots. Newer 2-car garage. High, dry basement. Extra wide lot.

Located on a quiet, tree-lined street within walking distance of tons of amenities, including the red line, the Andersonville restaurant corridor on Clark, grocery stores, gyms, parks, and the lake front. Two blocks away from highly desirable Peirce Elementary School, an International Baccalaureate School.

Click the PHOTOS tab above for Floor Plans.

5407 N Glenwood is easy to show. Call Steve at 773 580-2907 to see this wonderful renovated home.

Photos of 5407 N Glenwood (click to enlarge)

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Price: $875,000
Address:5407 N Glenwood
Zip Code:60640
Year Built:1907
Garage:2.5 car Garage
Property Type:2 Flat
Flooring:Hardwood Floors throughout
Lot size:30 x 121
Parking:2 car garage
Laundry:Full Size Washer and Dryer

Andersonville: Peirce Elementary School (IB) an International Baccalaureate School

Location Map

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