NOT LISTED FOR SALE
12 Beds
6 Baths
6,090 Sq Ft
1935 Built

Sale Details

Date Sold: August 15, 2023

Last sale price $395,000 $65 Per Sq Ft

20 Days on Market

About This Home

As of August 2023

This is an opportunity to own a well-maintained 6-unit building in the up-and-coming Chicago Lawn neighborhood of Chicago. The building is conveniently located at 2656 W. 69th St., providing easy access to public transportation, major highways, and all the amenities the city has to offer. This brick building features eight spacious units, each with two bedrooms and one bathroom. All units are generating strong rental income. The units have finishes including hardwood floors, appliances, and granite countertops. The bathrooms have also been updated with contemporary fixtures and finishes. The Chicago Lawn neighborhood is a vibrant and diverse community with easy access to public transportation and major highways. It offers a wide variety of restaurants, shops, and entertainment options. It is also conveniently located near several schools and parks, making it an ideal location for families.

Last Agent to Sell the Property

Tony Hardy

Keller Williams ONEChicago License #475139834 Listed on: 05/01/2023

Keller Williams ONEChicago

Co-Listed By

Travis Montgomery

Keller Williams ONEChicago License #475184338

Last Buyer's Agent

Edwin Ramos

United Real Estate - Chicago License #471017399

United Real Estate - Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1935

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 30x130

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $356
  • Fuel Expense $5,040
  • Insurance Expense $3,125
  • Maintenance Expense $1,500
  • Other Expense $1,500
  • Trash Expense $2,421
  • Water Sewer Expense $2,621
  • Operating Expense $27,631
  • Gross Income $75,000
  • Net Operating Income $39,869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

Built in 1935

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1935
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room: 0

Utilities

  • Heat/Ventilation: Other

Fee Information

  • Trash Expense: 2421
  • Water Sewer Expenses: 2621

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X130

Rental Info

  • Tenant Pays: Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 39869
  • Fuel Expense: 5040
  • Insurance Expense: 3125
  • ElectricExpense: 356
  • GrossIncome: 75000
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 27631
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 3418
  • 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

Listed on
May 1, 2023
Closed on
Jul 31, 2023
Sold by
Bought by
Seller's Agent
Tony Hardy
Keller Williams ONEChicago
Buyer's Agent
Edwin Ramos
United Real Estate - Chicago
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
0.0789%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
0.028%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
0.0571%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2002
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
$395,000 First American Title
$332,500 Fidelity National Title
$220,000 Attorney
$50,000 Stewart Title Company
-- None Available
-- --
$290,000 Git
-- --
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 $316,000
Previous Owner $329,000
Previous Owner $211,200
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
08/15/2023 08/15/23 Sold $395,000 -1.3% $65 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $400,000 -- $66 / 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 $3,587 $42,001 $1,866 $40,135
2024 $3,587 $42,001 $1,866 $40,135
2023 $3,496 $17,000 $2,985 $14,015
2022 $3,496 $17,000 $2,985 $14,015
2021 $3,418 $16,999 $2,984 $14,015
2020 $3,199 $14,360 $2,984 $11,376
2019 $3,664 $18,239 $2,984 $15,255
2018 $3,603 $18,239 $2,984 $15,255
2017 $5,772 $25,385 $2,611 $22,774
2016 $5,361 $25,385 $2,611 $22,774
2015 $4,915 $25,385 $2,611 $22,774
2014 $3,049 $15,522 $2,425 $13,097
2013 $2,992 $18,148 $2,425 $15,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11771355

Midwest Real Estate Data (MRED)

APN: 19244070400000

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