NOT LISTED FOR SALE

2935 N Fairfield Ave Chicago, IL 60618

Avondale Neighborhood
11 Beds
6 Baths
-- Sq Ft
1929 Built

Sale Details

Date Sold: December 13, 2024

Last sale price $1,250,000

7 Days on Market

About This Home

As of December 2024

Brick center entrance six flat in Avondale/Logan square with all units above grade. Two units remodeled and four vintage. Three of the six have central AC. Space in the basement to build out garden unit. Three car brick garage one of which is being used for storage. Owner has held for 20+ years. Depreciation schedule is up and looking to trade up. Rent roll in docs.

Last Agent to Sell the Property

Kurt Shreffler

606 Realty LLC License #475145065 Listed on: 09/27/2024

Co-Listed By

Max Shreffler

606 Realty LLC License #471019229

Last Buyer's Agent

Kurt Shreffler

606 Realty LLC License #475145065 Listed on: 09/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,666

Year Built

  • Built in 1929

Parking

  • Covered Parking

Home Design

  • Garden Apartment
  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50x125
  • Forced Air Heating and Cooling System

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $720
  • Fuel Expense $1,709
  • Insurance Expense $6,500
  • Maintenance Expense $1,000
  • Trash Expense $3,308
  • Water Sewer Expense $1,826
  • Operating Expense $36,000
  • Gross Income $123,600
  • Net Operating Income $94,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,666

Year Built

Built in 1929

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1929
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 2
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: Covered

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 3308
  • Water Sewer Expenses: 1826

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Zoning: MULTI

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 94200
  • Fuel Expense: 1709
  • Insurance Expense: 6500
  • ElectricExpense: 720
  • GrossIncome: 123600
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 36000
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 21666.5
  • Tax Year: 2023
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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 List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $1,250,000 -3.8% --
10/04/2024 10/04/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,300,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $21,667 $95,000 $38,750 $56,250
2024 $21,667 $95,000 $38,750 $56,250
2023 $21,118 $102,324 $31,250 $71,074
2022 $21,118 $102,324 $31,250 $71,074
2021 $21,386 $106,000 $31,250 $74,750
2020 $12,439 $55,636 $17,812 $37,824
2019 $12,748 $63,223 $17,812 $45,411
2018 $12,489 $63,223 $17,812 $45,411
2017 $10,142 $47,112 $15,625 $31,487
2016 $9,436 $47,112 $15,625 $31,487
2015 $10,352 $56,493 $15,625 $40,868
2014 $10,983 $59,197 $12,500 $46,697
2013 $10,766 $59,197 $12,500 $46,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12175054

Midwest Real Estate Data (MRED)
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