NOT LISTED FOR SALE

2710 W 23rd St Chicago, IL 60608

Little Village Neighborhood
6 Beds
4 Baths
1,680 Sq Ft
3,049 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $460,000 $274 Per Sq Ft

7 Days on Market

About This Home

As of October 2021

2710 W. 23rd St is a four (4) unit walk-up located in Chicago's historic Marshall Square. The property sits roughly three (3) blocks from Douglas Park, a 218-acre park featuring ponds & gardens, plus athletic facilities, a pool & historic fieldhouse. Furthermore, the property conveniently sits roughly two (2) blocks from Chicago's Pink Line, "El" train station at California. Additionally, the property is located just one (1) block away from Cermak Road, which features an abundance of public transit and retail options. 2710 W. 23rd is comprised of three (3) 2bd/1ba units and one (1) 0bd/1ba unit. All of the units have hardwood flooring or ceramic tiling throughout, as well as renovated kitchens and bathrooms. Recent improvements to the building include, but are not limited to: individual & in-unit furnaces and water heaters, updated electric, newer windows, newer tuckpointing and masonry, and updated copper plumbing as needed. 2710 W. 23rd provides an investor with a unique opportunity to acquire a stabilized and strong cash flowing asset in Chicago's desirable pocket of Marshall Square. From day one, a new owner will capitalize on an strong, long-term tenant base, and will realize an in place cap rate of 5.17%.

Last Agent to Sell the Property

Jack Petrando

Kiser Group Realty Inc License #475185949 Listed on: 08/20/2021

Last Buyer's Agent

Susan Wooten

@properties Christie's International Real Estate License #471008928

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1912

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25' x 124'

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $2,500
  • Maintenance Expense $1,700
  • Manager Expense $1,995
  • Professional Management Expense $1,200
  • Water Sewer Expense $3,500
  • Gross Income $42,000
  • Net Operating Income $24,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1200
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 2

Exterior Features

  • List Price: 475000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 1995

Fee Information

  • Water Sewer Expenses: 3500
  • Other Expenses $: 1538

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25' X 124'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 24579
  • Insurance Expense: 2500
  • ElectricExpense: 360
  • GrossIncome: 42000
  • Maintenance Expense: 1700
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 2652
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $460,000 -3.2% $274 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $475,000 -- $283 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jack Petrando

    Kiser Group Realty Inc

    Section Image
  • Susan Wooten

    Buyer's Agent in 2021

    Susan Wooten

    @ Properties

    (773) 818-0488

    1 in this area

    58 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11196212

Midwest Real Estate Data (MRED)

APN: 16252040410000

Illinois Cook County Chicago 60608 Little Village

2710 W 23rd St, Chicago, IL

This home is located at 2710 W 23rd St, Chicago, IL 60608 since 20 August 2021. This property was built in 1912. 2710 W 23rd St is a home located in Cook County with nearby schools including Finkl Elementary School, Acero - Octavio Paz Elementary School, and Latino Youth High School.

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