Seller's Agent in 2025
Karen Schwartz
Baird & Warner
(630) 561-9805
1 in this area
329 Total Sales
1462 W Warner Ave Chicago, IL 60613
Graceland West Neighborhood
--
Bed
--
Bath
9,150
Sq Ft
6,250
Sq Ft Lot
Highlights
- 6 Fireplaces
- Forced Air Heating and Cooling System
- 1-minute walk to Warner Garden Park
- Ravenswood Elementary School Rated A-
About This Home
As of August 2025Gorgeous vintage 6 unit building on a beautiful street in a coveted pocket of the Graceland West neighborhood! This building sits on a 50x125 lot and consists of 6 stunning oversized vintage 2 BR/2 Bath units. The building has been meticulously maintained and well cared for. Each unit has central HVAC, in-unit laundry, updated plumbing and electric, outdoor space, beautiful moldings, and large, open layouts. There is rare garage parking, with five individual garages. The large basement has storage for each of the units. Each unit is separately metered. Rental rates are currently below market value. This building is also primed for condo conversion. You will love the location, just blocks from Southport Corridor. Once in a generation opportunity!
Last Agent to Sell the Property
Baird & Warner License #475157300 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47,250
Year Built
- Built in 1921
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x125
Home Design
- Brick Exterior Construction
Interior Spaces
- 9,150 Sq Ft Home
- 3-Story Property
- 6 Fireplaces
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $11
- Insurance Expense $5,320
- Manager Expense $10,191
- Trash Expense $7,389
- Water Sewer Expense $8,500
- Operating Expense $47,250
- Gross Income $183,708
- Net Operating Income $131,303
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $2,320,000 | -7.2% | $254 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | Price Changed | $2,500,000 | 0.0% | $273 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $2,500,000 | -- | $273 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $43,143 | $204,011 | $69,688 | $134,323 |
| 2024 | $43,143 | $204,011 | $69,688 | $134,323 |
| 2023 | $43,902 | $204,480 | $56,250 | $148,230 |
| 2022 | $43,902 | $213,447 | $56,250 | $157,197 |
| 2021 | $42,922 | $213,447 | $56,250 | $157,197 |
| 2020 | $26,339 | $118,234 | $36,250 | $81,984 |
| 2019 | $27,799 | $138,364 | $36,250 | $102,114 |
| 2018 | $30,802 | $155,932 | $36,250 | $119,682 |
| 2017 | $30,679 | $142,514 | $31,250 | $111,264 |
| 2016 | $28,544 | $142,514 | $31,250 | $111,264 |
| 2015 | $26,115 | $142,514 | $31,250 | $111,264 |
| 2014 | $21,853 | $117,781 | $25,000 | $92,781 |
| 2013 | $21,421 | $117,781 | $25,000 | $92,781 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Schwartz
-
Colin Hebson
Buyer Co-Listing Agent in 2025
Colin Hebson
Baird & Warner
(773) 326-6530
1 in this area
393 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12333694
APN: 14173090260000
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