B
Seller's Agent in 2025
Bilal Hussain
Ellsbury Group LLC
(224) 616-9773
3 in this area
49 Total Sales
1406 S Hamlin Ave Chicago, IL 60623
North Lawndale Neighborhood
3
Beds
2
Baths
1,300
Sq Ft
3,750
Sq Ft Lot
About This Home
As of April 2025Attention Investors!! This is a fully remodeled, fully occupied six-unit building. It has a 10 cap rate and a 22-25 return on investment!! The building has many new updates: copper plumbing, individual hot water tanks, rubber roof covering, laminate flooring, updated kitchens and baths, newer windows, electrical, duct work, and separate high-efficiency furnaces in each unit. all units are 3 bedrooms. Total income 115,200/year. Each unit is metered individually for gas and electric. Taxes are low. Check the ATTACHED DOCUMENT FOR CURRENT NUMBERS AND RETURNS. Only 1-2 units will be available to view until after under contract
Last Agent to Sell the Property
Ellsbury Group LLC License #475193711 Listed on: 11/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,900
Year Built
- Built in 1916
Lot Details
- 3,750 Sq Ft Lot
- Lot Dimensions are 30 x 125
Home Design
- Brick Exterior Construction
- Brick Foundation
- Composition Roof
Interior Spaces
- 3-Story Property
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $900
- Insurance Expense $9,500
- Maintenance Expense $7,750
- Manager Expense $5,540
- Trash Expense $1,800
- Water Sewer Expense $2,300
- Operating Expense $33,500
- Gross Income $115,200
- Net Operating Income $81,250
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $700,000 | -6.7% | $538 / Sq Ft |
| 02/04/2025 02/04/25 | Pending | -- | -- | -- |
| 12/24/2024 12/24/24 | For Sale | $750,000 | +7.1% | $577 / Sq Ft |
| 12/08/2024 12/08/24 | Off Market | $700,000 | -- | -- |
| 11/25/2024 11/25/24 | For Sale | $750,000 | -- | $577 / 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 | $2,975 | $60,501 | $5,438 | $55,063 |
| 2024 | $2,975 | $60,501 | $5,438 | $55,063 |
| 2023 | $2,900 | $14,052 | $4,406 | $9,646 |
| 2022 | $2,900 | $14,052 | $4,406 | $9,646 |
| 2021 | $4,400 | $21,811 | $4,406 | $17,405 |
| 2020 | $4,366 | $19,536 | $4,406 | $15,130 |
| 2019 | $4,527 | $22,456 | $4,406 | $18,050 |
| 2018 | $4,450 | $22,456 | $4,406 | $18,050 |
| 2017 | $3,997 | $18,503 | $3,937 | $14,566 |
| 2016 | $1,080 | $5,393 | $3,937 | $1,456 |
| 2015 | $988 | $5,393 | $3,937 | $1,456 |
| 2014 | $1,054 | $5,683 | $3,750 | $1,933 |
| 2013 | $1,034 | $5,683 | $3,750 | $1,933 |
Source: Public Records
Agents Affiliated with this Home
-
Bilal Hussain
-
Janice Rivas
Buyer's Agent in 2025
Janice Rivas
Realty of America, LLC
(773) 982-9197
1 in this area
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12213210
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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