2849 S Kolin Ave Chicago, IL 60623
Little Village NeighborhoodEstimated payment $2,063/month
Highlights
- Gated Community
- Enclosed Patio or Porch
- Ceiling Fan
- Cottage
- Garden
- Partially Fenced Property
About This Home
Turnkey 2-unit investment opportunity in the heart of Little Village-perfect for investors or owner-occupants looking to generate income in a high-demand rental area. This well-maintained property features separate utilities, individual furnaces, and central AC for each unit, making it both efficient and tenant-friendly. Major updates include roof (2019), furnaces (2019), central AC (2020), and a newer water heater (2025)-offering peace of mind and reduced maintenance moving forward. Located just minutes from the CTA Orange Line, providing direct access to Downtown Chicago and Midway Airport-a major draw for tenants and commuters. Conveniently near the vibrant 26th Street corridor, known for its shopping, dining, and local businesses, along with easy access to I-55 for seamless travel throughout the city. Surrounded by parks, schools, and everyday amenities, this property sits in a high-demand rental pocket with strong long-term growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,009
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Partially Fenced Property
- Paved or Partially Paved Lot
- Garden
Home Design
- Cottage
- Aluminum Siding
Interior Spaces
- Ceiling Fan
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 3 Parking Spaces
- Parking Available
- Alley Access
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Building Details
- Water Sewer Expense $120
- Gross Income $36,000
- Net Operating Income $25,000
Additional Features
- 2 Units
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,009 | $24,000 | $4,495 | $19,505 |
| 2024 | $4,009 | $24,000 | $4,495 | $19,505 |
| 2023 | $3,908 | $19,001 | $3,643 | $15,358 |
| 2022 | $3,908 | $19,001 | $3,643 | $15,358 |
| 2021 | $3,821 | $18,999 | $3,642 | $15,357 |
| 2020 | $2,591 | $11,633 | $3,642 | $7,991 |
| 2019 | $2,718 | $13,527 | $3,642 | $9,885 |
| 2018 | $2,672 | $13,527 | $3,642 | $9,885 |
| 2017 | $833 | $14,222 | $3,255 | $10,967 |
| 2016 | $1,248 | $14,222 | $3,255 | $10,967 |
| 2015 | $1,782 | $14,222 | $3,255 | $10,967 |
| 2014 | $2,621 | $14,124 | $3,100 | $11,024 |
| 2013 | $2,569 | $14,124 | $3,100 | $11,024 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/12/2026 06/12/26 | Pending | -- | -- | -- | |
| 06/08/2026 06/08/26 | Price Changed | $315,000 | 0.0% | -- | |
| 06/08/2026 06/08/26 | For Sale | $315,000 | -1.6% | -- | |
| 05/27/2026 05/27/26 | Pending | -- | -- | -- | |
| 05/25/2026 05/25/26 | For Sale | $320,000 | 0.0% | -- | |
| 04/29/2026 04/29/26 | Pending | -- | -- | -- | |
| 04/28/2026 04/28/26 | For Sale | $320,000 | 0.0% | -- | |
| 04/21/2026 04/21/26 | Pending | -- | -- | -- | |
| 04/17/2026 04/17/26 | For Sale | $320,000 | +15.4% | -- | |
| 11/04/2022 11/04/22 | Sold | $277,370 | -0.6% | -- | View Prior Sale |
| 11/04/2022 11/04/22 | Pending | -- | -- | -- | |
| 11/04/2022 11/04/22 | For Sale | $279,000 | +92.4% | -- | |
| 12/20/2019 12/20/19 | Sold | $145,000 | -3.3% | -- | View Prior Sale |
| 11/12/2019 11/12/19 | Pending | -- | -- | -- | |
| 11/12/2019 11/12/19 | For Sale | $150,000 | 0.0% | -- | |
| 11/11/2019 11/11/19 | Pending | -- | -- | -- | |
| 11/04/2019 11/04/19 | Price Changed | $150,000 | -6.3% | -- | |
| 10/22/2019 10/22/19 | For Sale | $160,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $277,500 | Chicago Title | |
| Warranty Deed | $145,000 | Citywide Title Corporation |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $108,750 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12621907
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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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