NOT LISTED FOR SALE

10606 S Prospect Ave Chicago, IL 60643

Beverly Neighborhood
8 Beds
4 Baths
-- Sq Ft
1890 Built

Last Sold October 21, 2024

Last sale price $480,000

82 Days on Market

About This Home

As of October 2024

Introducing the perfect multi-family investment opportunity at 10606 S Prospect Avenue in Chicago's Beverly neighborhood! This expansive property features a remarkable 2,484 square feet of living space spread over two units. Each unit offers spacious layouts with a total of 8 bedrooms and 4 bathrooms, ensuring ample room for families or individual tenants. Currently, both units are occupied with leases expiring soon. The location of 10606 S Prospect Avenue is unbeatable, nestled in a serene residential area with easy access to local amenities, schools, and public transportation, making it an attractive option for renters. With its potential for positive rental income, this property is not just a home; it's a smart investment in one of Chicago's most cherished neighborhoods. Whether you are looking to expand your portfolio or step into the lucrative realm of real estate investment, this property promises to be a cornerstone of success.

Last Agent to Sell the Property

Samantha Swaney

GC Realty and Development License #475194155 Listed on: 05/31/2024

Last Buyer's Agent

Jason Beard

Marathon Realty Group License #471021861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,364

Year Built

  • Built in 1890 | Remodeled in 2006

Lot Details

  • Lot Dimensions are 170 x 68 x 160 x 67
  • Paved or Partially Paved Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,364

Year Built

Built in 1890 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2006
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2006

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • Lot Features: Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Lot Info

  • Lot Dimensions: 170 X 68 X 160 X 67
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5363.69
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $480,000 -1.0% --
08/22/2024 08/22/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $485,000 +1.0% --
06/05/2024 06/05/24 Off Market $480,000 -- --
05/31/2024 05/31/24 For Sale $485,000 +36.6% --
03/05/2020 03/05/20 Sold $355,000 -1.1% -- View Prior Sale
01/25/2020 01/25/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $359,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Samantha Swaney

    Seller's Agent in 2024

    Samantha Swaney

    GC Realty and Development

    (630) 532-8747

    1 in this area

    117 Total Sales

    Samantha Swaney
    Section Image
  • Jason Beard

    Buyer's Agent in 2024

    Jason Beard

    Marathon Realty Group

    (773) 512-9007

    1 in this area

    103 Total Sales

    Jason Beard
    Section Image
  • Michael Applegate

    Seller's Agent in 2020

    Michael Applegate

    Straight-A Realty, LLC

    (630) 288-2446

    1 in this area

    83 Total Sales

    Michael Applegate
    Section Image

  • R

    Buyer's Agent in 2020

    Ronan McBrien

    Second City Real Estate

    (847) 344-0065

    23 Total Sales

    Ronan McBrien
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12071113

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60643 Beverly

10606 S Prospect Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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