Kinga Korpacz
Exit Realty Redefined
(773) 492-8059
240 Total Sales
3 in Grand Crossing
$100K - $310K Price Range
1061 E 80th St Chicago, IL 60619
Grand Crossing Neighborhood
8
Beds
4
Baths
--
Sq Ft
1966
Built
Highlights
- First Floor Utility Room
- Zoned Heating
- Paved or Partially Paved Lot
About This Home
As of August 2024Introducing a prime investment opportunity in the heart of the East Chatham neighborhood of Chicago. This multifamily property boasts a 2,976 square foot, low-rise building with four units, on an oversized 4,500 SF triangular shaped lot. The building, originally built in 1966, was thoughtfully renovated in 2015 including upgraded kitchens with modern backsplash. Currently at 75% occupancy with a fourth unit that was recently refreshed and is now ready for a new tenant. This property presents strong income potential with room for growth. With its strategic location and attractive features, this multifamily residence represents an enticing prospect for those seeking to expand their investment portfolio in the thriving Chicago real estate market. Property is being sold As-Is. POF required prior to any showing.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,291
Year Built
- Built in 1966 | Remodeled in 2015
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- First Floor Utility Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Lot Details
- Lot Dimensions are 45x130
- Paved or Partially Paved Lot
Utilities
- Zoned Heating
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $732
- Fuel Expense $490
- Insurance Expense $2,000
- Trash Expense $100
- Water Sewer Expense $500
- Gross Income $45,600
- Net Operating Income $29,532
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grand Crossing, IL
-
Kinga Korpacz
-
Tameka Lewis-Madkins
Tameka Lewis-Madkins
Keller Williams Preferred Rlty
(224) 219-0117
111 Total Sales
2 in Grand Crossing
$198K - $353K Price Range
-
George Ayling
George Ayling
Select a Fee RE System
(708) 859-7153
202 Total Sales
1 in Grand Crossing
$55,000 Price
-
Daisy Neal
Daisy Neal
Daisy Neal
(877) 894-6002
20 Total Sales
2 in Grand Crossing
$315K - $320K Price Range
-
Robin Saka
Robin Saka
Stages Real Estate LLC
(708) 340-6898
37 Total Sales
2 in Grand Crossing
$237K - $290K Price Range
-
Carolyn Moore-Washington
Carolyn Moore-Washington
Coldwell Banker Realty
(708) 572-3115
102 Total Sales
1 in Grand Crossing
$199,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Alliance Title | ||
| Paz Salustia | $315,000 | Proper Title | |
| Andrade Shane Keoni | $312,500 | First American Title | |
| 1061 East 80Th Street Trust | -- | Attorney | |
| Eggers David A | $275,000 | None Available | |
| Elite Invest Llc Series 1084 | -- | Fidelity Natl Title Ins Co | |
| Caj Investments Llc | $24,000 | Fidelity National Title | |
| First National Acquisitions Llc | -- | None Available | |
| Rudder Jasmine D | -- | None Available | |
| Rudder Robin L | $34,000 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Ramirez Laura | $335,000 | Multiple | |
| Lodhi Samina | -- | -- | |
| Rashid Afshan | $255,000 | Atgf Inc | |
| Pettis Reginald | $221,500 | Chicago Title Insurance Co | |
| Beckom Albert | $27,333 | -- | |
| Sutton Leontine | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $299,250 | ||
| Previous Owner | Andrade Shane Keoni | $232,500 | |
| Previous Owner | Eggers David A | $185,000 | |
| Previous Owner | Elite Invest Llc Series 1084 | $185,000 | |
| Previous Owner | Ramirez Laura | $268,000 | |
| Previous Owner | Rashid Afshan | $229,500 | |
| Previous Owner | Pettis Reginald | $218,225 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2024 08/07/24 | Sold | $315,000 | +5.7% | -- |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $298,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,376 | $22,300 | $3,392 | $18,908 |
| 2024 | $3,376 | $22,300 | $3,392 | $18,908 |
| 2023 | $3,291 | $16,000 | $5,654 | $10,346 |
| 2022 | $3,291 | $16,000 | $5,654 | $10,346 |
| 2021 | $3,217 | $15,999 | $5,653 | $10,346 |
| 2020 | $3,096 | $13,899 | $4,070 | $9,829 |
| 2019 | $3,173 | $15,795 | $4,070 | $11,725 |
| 2018 | $3,120 | $15,795 | $4,070 | $11,725 |
| 2017 | $3,897 | $18,102 | $3,618 | $14,484 |
| 2016 | $1,015 | $5,066 | $3,618 | $1,448 |
| 2015 | $3,317 | $18,102 | $3,618 | $14,484 |
| 2014 | $2,894 | $15,598 | $3,166 | $12,432 |
| 2013 | $2,837 | $15,598 | $3,166 | $12,432 |
Source: Public Records
Agents Affiliated with this Home
-
Mikus Kins
Seller's Agent in 2024
Mikus Kins
Compass
(312) 925-8013
2 in this area
20 Total Sales
-
Deny Quinonez
DQ
Buyer's Agent in 2024
Deny Quinonez
Fulton Grace Realty
(312) 459-2210
1 in this area
20 Total Sales
-
Sunny Lamba
Seller's Agent in 2015
Sunny Lamba
Publix Realty, Inc.
(773) 780-7717
3 in this area
100 Total Sales
-
NM
Buyer's Agent in 2015
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12069258
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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