Seller's Agent in 2019
Harrison Cohen
Triton Realty Group LLC
22 Total Sales
2748 E 83rd St Chicago, IL 60617
South Chicago Neighborhood
8
Beds
8
Baths
--
Sq Ft
1959
Built
About This Home
As of February 2019$55k PRICE REDUCTION. Opportunity knocks in South Shore. Chicago's most sought after growing south side neighborhood. This 8 unit building presents an opportunity for an investor to add value while still acquiring solid cash flow. The late 1950's building comes fully equipped with separate heat and five fully remodeled units. Five of the units were remodeled this year. There is upside potential to raise current rents. An investor can add value by upgrading the remaining three units with modern finishes and adding laundry to the building. The exterior was tuckpointed in December 2016. A brand new 75 gallon water heater was installed in 2015. New gutter fascias, soffits and downsprouts were added this past year. This property is walking distance to the South Shore train line and the stop is 83rd and Exchange. This property and 8956 S. Escanaba can be purchased as a package deal. An investor could own a total of 19 units within a five minute drive of each building
Last Agent to Sell the Property
Triton Realty Group LLC License #475177887 Listed on: 10/25/2018
Property Details
Home Type
- Multi-Family
Year Built
- 1959
Community Details
- Insurance Expense $2,400
Listing and Financial Details
- Tenant pays for electric, heat
- $5,000 Seller Concession
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2019 02/25/19 | Sold | $265,000 | -3.6% | -- |
| 12/21/2018 12/21/18 | Pending | -- | -- | -- |
| 12/03/2018 12/03/18 | Price Changed | $275,000 | 0.0% | -- |
| 11/10/2018 11/10/18 | Rented | $600 | 0.0% | -- |
| 11/08/2018 11/08/18 | Price Changed | $299,999 | -9.1% | -- |
| 10/25/2018 10/25/18 | For Sale | $329,999 | 0.0% | -- |
| 04/12/2018 04/12/18 | For Rent | $600 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,917 | $20,450 | $2,880 | $17,570 |
| 2024 | $2,917 | $20,450 | $2,880 | $17,570 |
| 2023 | $2,844 | $13,827 | $2,592 | $11,235 |
| 2022 | $2,844 | $13,827 | $2,592 | $11,235 |
| 2021 | $2,780 | $13,827 | $2,592 | $11,235 |
| 2020 | $3,857 | $17,315 | $2,592 | $14,723 |
| 2019 | $3,479 | $17,315 | $2,592 | $14,723 |
| 2018 | $3,420 | $17,315 | $2,592 | $14,723 |
| 2017 | $3,621 | $16,822 | $2,160 | $14,662 |
| 2016 | $3,369 | $16,822 | $2,160 | $14,662 |
| 2015 | $3,083 | $16,822 | $2,160 | $14,662 |
| 2014 | $2,608 | $14,055 | $2,160 | $11,895 |
| 2013 | $2,556 | $14,055 | $2,160 | $11,895 |
Source: Public Records
Agents Affiliated with this Home
-
Harrison Cohen
-
Kingsley Ehimwenman
K
Buyer's Agent in 2019
Kingsley Ehimwenman
Century 21 Circle
(708) 957-1199
16 Total Sales
-
S
Seller's Agent in 2018
Sparkle Wilson
TMT Realty and Management Services LLC
-
Cyrea Zinnamon
C
Buyer's Agent in 2018
Cyrea Zinnamon
Vylla Home
(877) 331-2773
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10121292
APN: 21311300190000
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