Seller's Agent in 2024
Arden Fowler
CHICAGO HANDSHAKE LLC
(312) 204-5000
1 in this area
22 Total Sales
Introducing a fully rehabbed 5-unit income-generating property in the vibrant Hermosa neighborhood, perfect for investors seeking a lucrative opportunity. This massive brick 3-unit building, complemented by a gut-rehabbed 2-unit coach house, offers a combination of modern amenities, high-quality finishes, and excellent rental income potential. The front building comprises three spacious apartments, each featuring 5 rooms, including 2 bedrooms and 1 bathroom per floor. The interiors are finished with beautiful hardwood floors throughout. Each unit comes with separate gas-forced heating GFH & central AC systems and individual hot water tanks.. The kitchens are fully updated with 42-inch white cabinets, stainless steel appliances, and in-unit dishwashers. A tall, unfinished basement offers potential for further development or storage. A coin-operated washer and dryer are available in the basement, contributing to additional income. (CH1): This duplex-down unit features 3 bedrooms, 2 full baths, and a large kitchen-living room combo. The unit is equipped with in-unit side-by-side washer and dryer, providing a highly desirable amenity for tenants. (CH2): A cozy 1-bedroom, 1-bath apartment with a living room-kitchen combo. Both the main building and the coach house have undergone extensive renovations, including: New Electrical Systems: Updated with in-unit circuit breakers. Plumbing: New copper pipes throughout. Recently replaced. New GFH & Central AC systems and hot water tanks. All units feature new, modern kitchens and bathrooms. The coach house alone adds an impressive $3,400 per month to the property's total monthly income of $8,275, making this a true money maker. This property is a rare find, offering both immediate cash flow and long-term appreciation potential. With its prime location in Hermosa, high-quality renovations, and stable tenant base, this is an investment opportunity not to be missed.
Last Agent to Sell the Property
CHICAGO HANDSHAKE LLC License #471022824 Listed on: 08/15/2024
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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 |
|---|---|---|---|
| $935,000 | None Listed On Document | ||
| $465,000 | Greater Illinois Title | ||
| $89,100 | Servicelink | ||
| -- | None Available | ||
| $540,000 | Multiple | ||
| $420,000 | Lawyers | ||
| -- | Git | ||
| $330,000 | Chicago Title Insurance Co | ||
| $166,500 | -- | ||
| $208,000 | -- |
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 | $654,500 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $399,950 | ||
| Closed | $399,000 | ||
| Previous Owner | $297,000 | ||
| Previous Owner | $165,389 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $935,000 | -1.6% | -- | |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- | |
| 08/15/2024 08/15/24 | For Sale | $950,000 | +104.3% | -- | |
| 05/30/2019 05/30/19 | Sold | $465,000 | -6.8% | -- | View Prior Sale |
| 03/06/2019 03/06/19 | Pending | -- | -- | -- | |
| 03/04/2019 03/04/19 | For Sale | $499,000 | +7.3% | -- | |
| 03/03/2019 03/03/19 | Off Market | $465,000 | -- | -- | |
| 10/03/2018 10/03/18 | For Sale | $499,000 | -- | -- |
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 | $9,216 | $61,996 | $8,125 | $53,871 |
| 2024 | $9,216 | $77,000 | $8,125 | $68,875 |
| 2023 | $8,982 | $43,523 | $6,500 | $37,023 |
| 2022 | $8,982 | $43,523 | $6,500 | $37,023 |
| 2021 | $8,781 | $43,523 | $6,500 | $37,023 |
| 2020 | $7,775 | $34,776 | $4,062 | $30,714 |
| 2019 | $8,286 | $41,095 | $4,062 | $37,033 |
| 2018 | $8,451 | $42,784 | $4,062 | $38,722 |
| 2017 | $9,690 | $45,014 | $3,575 | $41,439 |
| 2016 | $9,016 | $45,014 | $3,575 | $41,439 |
| 2015 | $8,249 | $45,014 | $3,575 | $41,439 |
| 2014 | $7,168 | $38,636 | $3,250 | $35,386 |
| 2013 | $7,027 | $38,636 | $3,250 | $35,386 |
Seller's Agent in 2024
Arden Fowler
CHICAGO HANDSHAKE LLC
(312) 204-5000
1 in this area
22 Total Sales
Seller's Agent in 2019
Dhereck Gomez
33 Realty
(773) 587-4304
39 Total Sales
Buyer's Agent in 2019
Janet Roderick
@ Properties
(312) 560-0316
1 in this area
36 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12135477
Ask me questions while you tour the home.