Seller's Agent in 2023
Kathleen Newell
Impero Properties
(773) 932-7575
1 in this area
17 Total Sales
1648 W Cullerton St Chicago, IL 60608
Heart of Chicago Neighborhood
12
Beds
7
Baths
5,000
Sq Ft
3,049
Sq Ft Lot
About This Home
As of November 2023Handsome, renovated brick building with seven updated units: five on floors one and two, plus a sunny garden apartment, a stellar coachhouse and a recently refurbished coin-laundry room. Well-maintained and easy to lease property in a quiet area, with available street parking and outdoor space for each unit. Premium upgrades could support generous rental increases! Easy walking distance to CTA Pink Line and CTA bus routes for quick commutes to Loop, UIC and Illinois Medical District. Pilsen dining, entertainment and culture are just minutes away - one of Forbe's "Coolest Neighborhoods".
Last Agent to Sell the Property
Impero Properties License #475184350 Listed on: 04/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,669
Year Built
- Built in 1920
Lot Details
- 3,125 Sq Ft Lot
- Lot Dimensions are 25x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
Interior Spaces
- 5,000 Sq Ft Home
- 3-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $300
- Insurance Expense $5,285
- Maintenance Expense $5,500
- Trash Expense $1,702
- Water Sewer Expense $2,705
- Operating Expense $27,161
- Gross Income $106,620
- Net Operating Income $81,958
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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 |
|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $1,025,000 | -6.8% | $205 / Sq Ft |
| 09/19/2023 09/19/23 | Pending | -- | -- | -- |
| 06/22/2023 06/22/23 | Price Changed | $1,100,000 | -6.4% | $220 / Sq Ft |
| 04/12/2023 04/12/23 | For Sale | $1,175,000 | -- | $235 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $12,244 | $85,001 | $11,563 | $73,438 |
| 2024 | $12,244 | $85,001 | $11,563 | $73,438 |
| 2023 | $11,936 | $58,033 | $9,375 | $48,658 |
| 2022 | $11,936 | $58,033 | $9,375 | $48,658 |
| 2021 | $11,670 | $58,032 | $9,375 | $48,657 |
| 2020 | $8,299 | $37,256 | $7,343 | $29,913 |
| 2019 | $8,564 | $42,627 | $7,343 | $35,284 |
| 2018 | $9,121 | $46,176 | $7,343 | $38,833 |
| 2017 | $8,933 | $44,870 | $6,406 | $38,464 |
| 2016 | $8,487 | $44,870 | $6,406 | $38,464 |
| 2015 | $7,742 | $44,870 | $6,406 | $38,464 |
| 2014 | $7,218 | $41,474 | $5,625 | $35,849 |
| 2013 | $7,065 | $41,474 | $5,625 | $35,849 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Newell
-
Andrew Dorazio
Buyer's Agent in 2023
Andrew Dorazio
Dorazio Real Estate LLC
(224) 505-4072
2 in this area
112 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11757293
APN: 17-19-417-024
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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.
Based on information submitted to the MLS GRID
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