NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
1966 Built

Sale Details

Date Sold: August 7, 2024

Last sale price $315,000

4 Days on Market

Highlights

  • First Floor Utility Room
  • Zoned Heating
  • Paved or Partially Paved Lot

About This Home

As of August 2024

Introducing 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.

Last Agent to Sell the Property

Mikus Kins

Compass License #475161490 Listed on: 05/28/2024

Compass

Last Buyer's Agent

Deny Quinonez

Fulton Grace Realty License #475178152

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,291

Year Built

Built in 1966 | Remodeled in 2015

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Foundation Details: Block, Concrete Perimeter
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant, Zoned
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 100
  • Water Sewer Expenses: 500
  • Other Expenses $: 1043

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45X130
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 29532
  • Fuel Expense: 490
  • Insurance Expense: 2000
  • ElectricExpense: 732
  • GrossIncome: 45600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3290.69
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2026
Sold by
Bought by

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Mikus Kins
Compass
Buyer's Agent
Deny Quinonez
Fulton Grace Realty
List Price
$298,000
Sold Price
$315,000
Premium/Discount to List
$17,000
5.7%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
0.0725%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
0.0475%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2020
Sold by
Bought by

Purchase Details

Listed on
May 13, 2015
Closed on
Nov 16, 2015
Sold by
Bought by
Seller's Agent
Sunny Lamba
Publix Realty, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
0.0373%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
0.0365%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
0.0678%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
0.0764%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
0.0764%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,225
Interest Rate
0.0713%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1994
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$315,000 Proper Title
$312,500 First American Title
-- Attorney
$275,000 None Available
-- Fidelity Natl Title Ins Co
$24,000 Fidelity National Title
-- None Available
-- None Available
$34,000 None Available
-- None Available
$335,000 Multiple
-- --
$255,000 Atgf Inc
$221,500 Chicago Title Insurance Co
$27,333 --
-- --
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 $232,500
Previous Owner $185,000
Previous Owner $185,000
Previous Owner $268,000
Previous Owner $229,500
Previous Owner $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 Prior Sale
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 +8.4% --
11/16/2015 11/16/15 Sold $275,000 -12.7% -- View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
05/24/2015 05/24/15 For Sale $315,000 +14.5% --
05/24/2015 05/24/15 Off Market $275,000 -- --
05/13/2015 05/13/15 For Sale $315,000 -- --
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069258

Midwest Real Estate Data (MRED)
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