2408 S Trumbull Ave Chicago, IL 60623
Little Village NeighborhoodEstimated payment $3,601/month
Highlights
- Gated Community
- Enclosed Parking
- Forced Air Heating System
- Property is near park
- Enclosed Patio or Porch
- 1-minute walk to Limas (Juliann Hope) Park
About This Home
Discover this beautifully renovated legal 3-unit located in the heart of Little Village, an up-and-coming neighborhood known for strong rental demand and continued growth. Updated in 2023, the property features central heating, along with new water heaters and new furnaces in each unit, providing comfort and efficiency for every tenant. In-unit laundry in each unit, a highly desirable amenity. Unit 1: 2 bedrooms, 1 bathroom, Unit 2: 2 bedrooms, 1 bathroom Unit 3: 3 bedrooms, 1 bathroom. All units enjoy an enclosed porch for additional storage or seasonal use. The rear of the property offers a parking pad. Photos reflect the property when it was vacant. Currently leased with strong market rents. Don't miss this opportunity to secure a well-maintained, income-generating building in one of Chicago's thriving neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,739
Year Built
- Built in 1902 | Remodeled in 2023
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Enclosed Parking
- Off-Street Parking
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Enclosed Patio or Porch
- Property is near park
Community Details
Building Details
- Electric Expense $22
- Water Sewer Expense $228
Additional Features
- 3 Units
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,165 | $43,500 | $5,981 | $37,519 |
| 2024 | $3,165 | $43,500 | $5,981 | $37,519 |
| 2023 | $3,085 | $15,000 | $4,847 | $10,153 |
| 2022 | $3,085 | $15,000 | $4,847 | $10,153 |
| 2021 | $2,346 | $14,999 | $4,846 | $10,153 |
| 2020 | $2,927 | $16,241 | $4,846 | $11,395 |
| 2019 | $3,105 | $18,885 | $4,846 | $14,039 |
| 2018 | $3,052 | $18,885 | $4,846 | $14,039 |
| 2017 | $3,722 | $20,665 | $4,331 | $16,334 |
| 2016 | $3,639 | $20,665 | $4,331 | $16,334 |
| 2015 | $3,306 | $20,665 | $4,331 | $16,334 |
| 2014 | $2,834 | $17,845 | $4,125 | $13,720 |
| 2013 | $2,767 | $17,845 | $4,125 | $13,720 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $549,999 | +19.6% | -- | |
| 01/12/2024 01/12/24 | Sold | $460,000 | +2.2% | $155 / Sq Ft | View Prior Sale |
| 12/13/2023 12/13/23 | Pending | -- | -- | -- | |
| 12/08/2023 12/08/23 | For Sale | $449,900 | -- | $151 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12531571
APN: 16262180240000
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