1130 S Albany Ave Chicago, IL 60612
Garfield Park NeighborhoodEstimated payment $3,269/month
About This Home
Recently updated 6 flat in rapidly appreciating North Lawndale steps from beautiful Douglas Park. Tenants enjoy newer back porches, central heat and being near the highway, Blue Line, and the park. The roof is ~15 years old, and porches are about 5 years old. Value add opportunity, selling As-Is. Some improvements are as follow. New 1in copper ran in basement. New 3/4 copper risers ran into units. 3 units have been remodeled. Upgraded electrical service. New water tank for unit 2f.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,500
Year Built
- Built in 1915
Utilities
- No Cooling
- Forced Air Heating System
- 100 Amp Service
Additional Features
- 3-Story Property
- Lot Dimensions are 25x125
- Unfinished Basement
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $600
- Fuel Expense $600
- Insurance Expense $2,400
- Maintenance Expense $1,000
- Other Expense $1,200
- Water Sewer Expense $3,000
- Operating Expense $18,659
- Gross Income $50,400
- Net Operating Income $31,741
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,387 | $36,100 | $4,531 | $31,569 |
| 2024 | $3,387 | $36,100 | $4,531 | $31,569 |
| 2023 | $3,302 | $16,000 | $3,672 | $12,328 |
| 2022 | $3,302 | $16,000 | $3,672 | $12,328 |
| 2021 | $3,228 | $15,999 | $3,671 | $12,328 |
| 2020 | $4,468 | $19,988 | $3,671 | $16,317 |
| 2019 | $4,579 | $22,714 | $3,671 | $19,043 |
| 2018 | $4,501 | $22,714 | $3,671 | $19,043 |
| 2017 | $6,054 | $28,028 | $3,281 | $24,747 |
| 2016 | $5,614 | $28,028 | $3,281 | $24,747 |
| 2015 | $5,136 | $28,028 | $3,281 | $24,747 |
| 2014 | $4,601 | $24,798 | $3,125 | $21,673 |
| 2013 | $4,510 | $24,798 | $3,125 | $21,673 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2026 03/18/26 | For Sale | $550,000 | +50.7% | -- | |
| 11/28/2023 11/28/23 | Sold | $365,000 | -10.8% | $66 / Sq Ft | View Prior Sale |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- | |
| 07/28/2023 07/28/23 | Price Changed | $409,000 | -3.7% | $74 / Sq Ft | |
| 07/11/2023 07/11/23 | Price Changed | $424,900 | -5.4% | $77 / Sq Ft | |
| 06/19/2023 06/19/23 | For Sale | $449,000 | -- | $81 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12565738
APN: 16133250300000
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Based on information submitted to the MLS GRID. 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.
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Ask me questions while you tour the home.