NOT LISTED FOR SALE

2013 S Loomis St Chicago, IL 60608

Pilsen Neighborhood
13 Beds
8 Baths
5,192 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: July 1, 2022

Last sale price $1,020,000 $196 Per Sq Ft

99 Days on Market

About This Home

As of July 2022

Rare value-added opportunity in the heart of the hot Pilsen neighborhood. The property is surrounded by ample restaurants, grocery stores, and other living amenities within walking distance to the bus station and Metro purple line. The front building has 6 units plus 1 nonconforming unit which needs work to finish, 2 units are in the coach house. 100% occupied with all MTM leases which gives the new owner flexibility to do the value-added work. Large potential to increase rent amounts

Last Agent to Sell the Property

Paul Tsakiris

First Western Properties License #471005153 Listed on: 03/21/2022

Last Buyer's Agent

Art Collazo

Jameson Sotheby's Intl Realty License #475131028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,382

Year Built

  • Built in 1885

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25x109

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Space Heater
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $3,000
  • Trash Expense $1,492
  • Water Sewer Expense $1,048
  • Operating Expense $10,922
  • Gross Income $76,800
  • Net Operating Income $65,878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,382

Year Built

Built in 1885

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1885
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 13
  • Basement Description: Unfinished
  • Misc Inside: Laundry Room
  • Dishwashers: 0
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls,Gas,Space Heaters

Fee Information

  • Trash Expense: 1492
  • Water Sewer Expenses: 1048

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X109

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 65878
  • Insurance Expense: 3000
  • GrossIncome: 76800
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 10922
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 5382
  • Tax Year: 2020

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
Mar 21, 2022
Closed on
Jun 21, 2022
Sold by
Bought by
Seller's Agent
Paul Tsakiris
First Western Properties
Buyer's Agent
Art Collazo
Jameson Sotheby's Intl Realty
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
0.0525%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,020,000 None Listed On Document
-- --
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 $765,000
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
07/01/2022 07/01/22 Sold $1,020,000 -7.3% $196 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $1,100,000 -- $212 / 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 $15,767 $76,641 $10,083 $66,558
2024 $15,767 $76,641 $10,083 $66,558
2023 $15,370 $74,730 $8,175 $66,555
2022 $15,370 $74,730 $8,175 $66,555
2021 $17,093 $85,000 $8,175 $76,825
2020 $9,786 $43,928 $6,403 $37,525
2019 $10,145 $50,493 $6,403 $44,090
2018 $9,974 $50,493 $6,403 $44,090
2017 $9,868 $45,842 $5,586 $40,256
2016 $9,182 $45,842 $5,586 $40,256
2015 $8,400 $45,842 $5,586 $40,256
2014 $6,017 $32,432 $4,905 $27,527
2013 $5,899 $32,432 $4,905 $27,527
Source: Public Records

Agents Affiliated with this Home

  • Paul Tsakiris

    Seller's Agent in 2022

    Paul Tsakiris

    First Western Properties

    (773) 355-4780

    1 in this area

    7 Total Sales

    Paul Tsakiris
    Section Image
  • Art Collazo

    Buyer's Agent in 2022

    Art Collazo

    Jameson Sotheby's Intl Realty

    (773) 633-7690

    2 in this area

    35 Total Sales

    Art Collazo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11352706

Midwest Real Estate Data (MRED)

APN: 17203240060000

Illinois Cook County Chicago 60608 Pilsen

2013 S Loomis St, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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