NOT LISTED FOR SALE

2729 S Princeton Ave Chicago, IL 60616

Armour Square Neighborhood
18 Beds
7 Baths
1,334 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: July 31, 2024

Last sale price $1,050,000 $787 Per Sq Ft

50 Days on Market

About This Home

As of July 2024

6 UNITS IN THE FRONT BUILDING WITH FINISHED BASEMENT. COIN-OP LAUNDRY. 2 STORY SINGLE FAMILY HOUSE IN THE BACK WITH CENTRAL HVAC. FRONT BUILDING TUCKPOINTED 10/2023, ROOF 2014 (RECOAT 4 YEARS AGO), WINDOWS 15 YEARS OLD, ROOF FOR COACH HOUSE 11/2023. PRIME LOCATION. CLOSE TO CHINATOWN.

Last Agent to Sell the Property

Hermia Cheung

Richland Properties and Homes License #471014479 Listed on: 04/11/2024

Last Buyer's Agent

Kevin Chueh

Century 21 Realty Associates License #475188630

Century 21 Realty Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,362

Year Built

  • Built in 1894

Lot Details

  • 3,049

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 7 Bathrooms

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25x125

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $2,400
  • Fuel Expense $3,000
  • Insurance Expense $4,500
  • Water Sewer Expense $5,400
  • Operating Expense $35,663
  • Gross Income $7,400
  • Net Operating Income $53,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,362

Year Built

Built in 1894

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1894
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 18
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Heat/Ventilation: Gas,Hot Water,Radiators,Wall Unit

Fee Information

  • Water Sewer Expenses: 5400

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 53137
  • Fuel Expense: 3000
  • Insurance Expense: 4500
  • ElectricExpense: 2400
  • GrossIncome: 7400
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 35663
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 20362.5
  • Tax Year: 2022

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
Apr 11, 2024
Closed on
Jun 17, 2024
Sold by
Bought by
Seller's Agent
Hermia Cheung
Richland Properties and Homes
Buyer's Agent
Kevin Chueh
Century 21 Realty Associates
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
0.0725%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 2003
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
$1,050,000 None Listed On Document
-- None Available
-- --
-- --
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
Previous Owner $650,000
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
07/31/2024 07/31/24 Sold $1,050,000 0.0% $787 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $1,050,000 -4.5% $787 / Sq Ft
04/11/2024 04/11/24 For Sale $1,100,000 -- $825 / 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 $20,888 $105,000 $17,031 $87,969
2024 $20,888 $105,000 $17,031 $87,969
2023 $20,363 $99,000 $13,750 $85,250
2022 $20,363 $99,000 $13,750 $85,250
2021 $19,908 $99,000 $13,750 $85,250
2020 $15,438 $69,302 $13,750 $55,552
2019 $15,917 $79,222 $13,750 $65,472
2018 $15,649 $79,222 $13,750 $65,472
2017 $14,246 $66,178 $10,937 $55,241
2016 $13,255 $66,178 $10,937 $55,241
2015 $12,127 $66,178 $10,937 $55,241
2014 $10,096 $54,415 $9,375 $45,040
2013 $9,897 $54,415 $9,375 $45,040
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Hermia Cheung

    Richland Properties and Homes

    (312) 965-0071

    3 in this area

    31 Total Sales

    Hermia Cheung
    Section Image
  • Kevin Chueh

    Buyer's Agent in 2024

    Kevin Chueh

    Century 21 Realty Associates

    (312) 788-8950

    1 in this area

    6 Total Sales

    Kevin Chueh
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12025049

Midwest Real Estate Data (MRED)

APN: 17-28-413-012

Illinois Cook County Chicago 60616 Armour Square

2729 S Princeton Ave, 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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