NOT LISTED FOR SALE

2112 E 79th St Chicago, IL 60649

South Shore Neighborhood
9 Beds
8 Baths
4,960 Sq Ft
3,000 Sq Ft Lot

Sale Details

Date Sold: March 10, 2023

Last sale price $290,000 $58 Per Sq Ft

111 Days on Market

Highlights

  • 0.69 Acre Lot
  • Hot Water Heating System
  • Heating System Uses Steam

About This Home

As of March 2023

Here is a great opportunity to expand your real estate portfolio. 7 unit on a double lot that can be converted to an 8 unit. Recent tuckpointed, newer vinyl windows, All tenants are long term and on month-month leases. Take your time and update each unit and increase the rent for more income potential. Sold as is.

Last Agent to Sell the Property

Karmen Spears

POWER Realty Chicagoland,PLLC License #471020930 Listed on: 10/03/2022

Last Buyer's Agent

Maria Ortiz

Kale Realty License #475141624

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,141

Year Built

  • Built in 1966

Lot Details

  • 3,000 Sq Ft Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,300
  • Fuel Expense $3,000
  • Insurance Expense $3,500
  • Trash Expense $1,600
  • Water Sewer Expense $3,600
  • Operating Expense $13,000
  • Gross Income $44,120
  • Net Operating Income $44,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,141

Year Built

Built in 1966

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1966
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • 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: 9
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Room: 4

Exterior Features

  • Frontage Type: City Street
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Steam

Fee Information

  • Trash Expense: 1600
  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.69
  • Lot Dimensions: 3000
  • Lot Size Sq Ft: 3000
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 44120
  • Fuel Expense: 3000
  • Insurance Expense: 3500
  • ElectricExpense: 1300
  • GrossIncome: 44120
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 13000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 4140.72
  • Tax Year: 2021

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

Closed on
Apr 30, 2024
Sold by
Bought by

Purchase Details

Listed on
Oct 3, 2022
Closed on
Mar 10, 2023
Sold by
Bought by
Seller's Agent
Karmen Spears
POWER Realty Chicagoland,PLLC
Buyer's Agent
Maria Ortiz
Kale Realty
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
0.0654%
Mortgage Type
New Conventional
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
-- None Listed On Document
$290,000 Chicago Title
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 $330,000
Previous Owner $217,500
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
03/10/2023 03/10/23 Sold $290,000 -11.9% $58 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $329,000 -6.0% $66 / Sq Ft
12/21/2022 12/21/22 For Sale $350,000 0.0% $71 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $350,000 -11.4% $71 / Sq Ft
10/03/2022 10/03/22 For Sale $395,000 -- $80 / 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 $2,173 $22,375 $2,250 $20,125
2024 $2,173 $22,375 $2,250 $20,125
2023 $2,101 $8,731 $3,750 $4,981
2022 $2,101 $8,731 $3,750 $4,981
2021 $2,070 $8,731 $3,750 $4,981
2020 $1,956 $7,543 $2,700 $4,843
2019 $1,998 $8,572 $2,700 $5,872
2018 $1,962 $8,572 $2,700 $5,872
2017 $2,820 $11,471 $2,400 $9,071
2016 $2,618 $11,471 $2,400 $9,071
2015 $2,434 $11,471 $2,400 $9,071
2014 $2,338 $10,881 $2,100 $8,781
2013 $2,313 $10,881 $2,100 $8,781
Source: Public Records

Agents Affiliated with this Home

  • Karmen Spears

    Seller's Agent in 2023

    Karmen Spears

    POWER Realty Chicagoland,PLLC

    (708) 466-9128

    2 in this area

    144 Total Sales

    Karmen Spears
    Section Image
  • Maria Ortiz

    Buyer's Agent in 2023

    Maria Ortiz

    Kale Realty

    (708) 244-8163

    1 in this area

    63 Total Sales

    Maria Ortiz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11643793

Midwest Real Estate Data (MRED)

APN: 20254260340000

Illinois Cook County Chicago 60617 South Shore

2112 E 79th 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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