Eduardo Sanchez
PAK Home Realty
(855) 909-9811
83 Total Sales
1 in Grand Crossing
$285,000 Price
1220 E 79th St Chicago, IL 60619
Grand Crossing Neighborhood
11
Beds
6
Baths
3,523
Sq Ft
6,740
Sq Ft Lot
About This Home
As of January 2023CASH COW!! This beautiful brick TURNKEY 6-unit in the Greater Grand Crossing/Chatham neighborhood is a real cash cow! Currently 5/6 units are rented out with apps out on the 6th. Great unit mix of (5) 2BR's and (1) 1BR. 3 of the units have been completely remodeled this year and the other 3 have long term tenants in place. Brand new boiler just installed. All common areas and stairways remodeled this year as well. New copper main supply installed in 2021. Coin-op laundry. Units are separately metered for electricity. Heat is provided by a communal boiler and hot water by a commercial tank. New Boiler (2022). Currently professionally managed with very reasonable fees but can also be easily self managed as well. Perfect 1031 Exchange. This one won't last!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475182244 Listed on: 08/12/2022
Co-Listed By
Joe Moennig
@properties Christie's International Real Estate License #475164063
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,173
Year Built
- Built in 1967
Lot Details
- 6,740 Sq Ft Lot
- Lot Dimensions are 54x122
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,523 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $200
- Fuel Expense $5,500
- Insurance Expense $3,436
- Maintenance Expense $3,600
- Other Expense $2,000
- Trash Expense $1,200
- Water Sewer Expense $5,000
- Operating Expense $21,536
- Gross Income $64,860
- Net Operating Income $43,324
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
Listed on
Aug 12, 2022
Closed on
Jan 13, 2023
Sold by
1220 E 79Th St Llc
Bought by
Seller's Agent
Duval Williams
@properties Christie's International Real Estate
Buyer's Agent
Keisha Harrison
KBM Realty
List Price
$425,000
Sold Price
$342,500
Premium/Discount to List
-$82,500
-19.41%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,875
Outstanding Balance
$178,307
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2021
Sold by
Li Yixin and Liu Dongmei
Bought by
1220 E 79Th St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 2, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Li Yixin and Liu Dongmei
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grand Crossing, IL
-
Eduardo Sanchez
-
Michael Daniels
Michael Daniels
Coldwell Banker Realty
(888) 295-8055
37 Total Sales
2 in Grand Crossing
$61K - $95K Price Range
-
Edgar R. Guerrero
Edgar R. Guerrero
REMAX Legends
(855) 951-5250
131 Total Sales
1 in Grand Crossing
$19,000 Price
-
Shana Nirappil
Shana Nirappil
Avian Realty
(708) 938-3246
18 Total Sales
1 in Grand Crossing
$985,000 Price
-
Kelli Coleman
Kelli Coleman
Coldwell Banker Realty
(855) 903-2713
16 Total Sales
1 in Grand Crossing
$370,000 Price
-
Lisa Foster
Lisa Foster
@properties Christie's International Real Estate
(312) 313-5956
120 Total Sales
3 in Grand Crossing
$290K - $375K Price Range
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 |
|---|---|---|---|
| $342,500 | First American Title | ||
| 1220 E 79Th St Llc | $212,500 | Fidelity National Title Ins | |
| Li Yixin | $160,000 | Attorneys Title Guaranty Fun |
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 |
|---|---|---|---|
| Open | $256,875 | ||
| Previous Owner | 1220 E 79Th St Llc | $152,750 |
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 |
|---|---|---|---|---|
| 01/27/2023 01/27/23 | Sold | $342,500 | -14.4% | $97 / Sq Ft |
| 10/30/2022 10/30/22 | Pending | -- | -- | -- |
| 09/07/2022 09/07/22 | Price Changed | $399,900 | -5.9% | $114 / Sq Ft |
| 08/12/2022 08/12/22 | For Sale | $425,000 | -- | $121 / Sq Ft |
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 | $4,466 | $31,600 | $5,055 | $26,545 |
| 2024 | $4,466 | $31,600 | $5,055 | $26,545 |
| 2023 | $4,331 | $18,000 | $8,425 | $9,575 |
| 2022 | $4,331 | $18,000 | $8,425 | $9,575 |
| 2021 | $4,268 | $18,000 | $8,425 | $9,575 |
| 2020 | $5,173 | $19,954 | $6,066 | $13,888 |
| 2019 | $5,285 | $22,676 | $6,066 | $16,610 |
| 2018 | $5,190 | $22,676 | $6,066 | $16,610 |
| 2017 | $5,231 | $21,273 | $5,392 | $15,881 |
| 2016 | $4,854 | $21,273 | $5,392 | $15,881 |
| 2015 | $4,515 | $21,273 | $5,392 | $15,881 |
| 2014 | $4,172 | $19,414 | $4,718 | $14,696 |
| 2013 | $4,126 | $19,414 | $4,718 | $14,696 |
Source: Public Records
Agents Affiliated with this Home
-
Duval Williams
Seller's Agent in 2023
Duval Williams
@ Properties
(240) 855-8505
1 in this area
103 Total Sales
-
JM
Seller Co-Listing Agent in 2023
Joe Moennig
@ Properties
-
Keisha Harrison
KH
Buyer's Agent in 2023
Keisha Harrison
KBM Realty
(773) 885-6417
3 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11490218
APN: 20264240350000
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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