Israel Hernandez
Epique Realty Inc
(219) 351-6354
94 Total Sales
2 in South Shore
$130K - $599K Price Range
2812 E 76th St Chicago, IL 60649
South Shore Neighborhood
9
Beds
6
Baths
--
Sq Ft
3,485
Sq Ft Lot
Highlights
- Patio
- Forced Air Heating System
- 4-minute walk to Windsor Park Station
About This Home
As of September 20212812 E. 76th Street is comprised of (3) three bedroom and 2 full bathroom units boasting approximately 1100 square feet of living space. All of the units and building was completely renovated in 2015 with individual utilities. The capital improvements included, but not limited to: electric service, wiring, breaks, & panels, all new copper plumbing, new windows, refinished hardwood floors, granite counter tops, 42' cabinets, stainless steel appliances, individual hot water heaters & furnaces, and updated sewer lines. The current owner purchased this property with an FHA loan, so it was in perfect shape when it was purchased. This fantastic 3-flat provides an investor the opportunity to acquire their first property or a seasoned investor who wants to add more units to their growing portfolio. There are two CHA tenants currently in the property, where CHA pays more than 87% of the total rent. The third tenant is market. The current Gross Scheduled Rent income is $44,628, but in this listing, a 5% vacancy/credit loss is taken into consideration which brings the Gross Operating Income to $42,397. The second option is to purchase this property as owner-occupied, and take advantage of the rents from the other units that pays the mortgage and then some!
Last Agent to Sell the Property
Jameson Commercial License #475142196 Listed on: 08/04/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,039
Year Built
- Built in 1909 | Remodeled in 2017
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 40' x 87'
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Patio
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $290
- Insurance Expense $2,776
- Maintenance Expense $975
- Manager Expense $2,120
- Water Sewer Expense $1,849
- Gross Income $42,397
- Net Operating Income $28,384
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Shore, IL
-
Israel Hernandez
-
Elizabeth Goodchild
Elizabeth Goodchild
Realty of America
(224) 479-1826
465 Total Sales
1 in South Shore
$105,000 Price
-
Shaunda Brown
Shaunda Brown
Bradley Myles Realty INC
(877) 559-8451
31 Total Sales
2 in South Shore
$51K - $299K Price Range
-
Leslie Roman
Leslie Roman
Realty of America, LLC
(844) 937-1534
47 Total Sales
1 in South Shore
$310,000 Price
-
Don Robinson
Don Robinson
ABS Property Consulting
(866) 346-9374
46 Total Sales
1 in South Shore
$160,000 Price
-
Ruben Camacho
Ruben Camacho
Kale Realty
(844) 770-1569
114 Total Sales
1 in South Shore
$184,000 Price
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 |
|---|---|---|---|
| $430,000 | First American Title | ||
| Mcaleer Sean | $308,000 | Chicago Title | |
| Museum Realty Llc | -- | None Available | |
| Museum Realty Group Ltd | $40,000 | Stewart Title Company | |
| Hayden Taft | $216,000 | Burnet Title Llc |
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 | $422,211 | ||
| Previous Owner | Mcaleer Sean | $314,622 | |
| Previous Owner | Hayden Taft | $205,100 |
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 |
|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $430,000 | -1.1% | -- |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- |
| 08/04/2021 08/04/21 | For Sale | $435,000 | -- | -- |
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 | $4,447 | $30,200 | $2,610 | $27,590 |
| 2024 | $4,447 | $30,200 | $2,610 | $27,590 |
| 2023 | $4,319 | $21,000 | $4,350 | $16,650 |
| 2022 | $4,319 | $21,000 | $4,350 | $16,650 |
| 2021 | $4,223 | $21,000 | $4,350 | $16,650 |
| 2020 | $4,917 | $22,072 | $3,132 | $18,940 |
| 2019 | $5,039 | $25,082 | $3,132 | $21,950 |
| 2018 | $4,955 | $25,082 | $3,132 | $21,950 |
| 2017 | $3,665 | $17,024 | $2,784 | $14,240 |
| 2016 | $3,410 | $17,024 | $2,784 | $14,240 |
| 2015 | $3,233 | $17,642 | $2,784 | $14,858 |
| 2014 | $732 | $3,948 | $2,436 | $1,512 |
| 2013 | $718 | $3,948 | $2,436 | $1,512 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Cesario
Seller's Agent in 2021
Marco Cesario
Jameson Commercial
(312) 315-7173
5 in this area
12 Total Sales
-
Matt Engle
Buyer's Agent in 2021
Matt Engle
Fulton Grace
(717) 658-0899
3 in this area
179 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11178866
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.
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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