2946 N Keating Ave Chicago, IL 60641
Cragin NeighborhoodEstimated payment $7,853/month
Highlights
- Skylights
- Laundry Room
- Hot Water Heating System
About This Home
BELMONT CRAGIN VALUE ADD OPPORTUNITY! Solid yellow brick 6 unit building situated on a quiet residential block at 2946 N Keating. This high yield investment features a versatile unit mix: (4) Massive 2BR/1BA units boasting formal dining rooms, spacious kitchens, living rooms, private porches, and bright sunrooms (perfect for home offices); plus (2) efficient 1BR/1BA units. INVESTOR ADVANTAGES: Tenants pay their own electricity and cooking gas. Massive parking capacity with a 2 car garage plus tandem exterior space for up to 6 additional vehicles rare for the area and a huge potential revenue stream. Located in a high demand rental pocket with strong median rents. Building is sold As-Is/Where-Is with no seller representations. Bring your contractor and unlock the significant equity potential in this classic Chicago gem! Prime location near transit, shopping, and parks. Don't miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,888
Year Built
- Built in 1923
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Skylights
- Laundry Room
Basement
- Exterior Basement Entry
- Basement Storage
Utilities
- No Cooling
- Radiator
- Hot Water Heating System
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $4,800
- Fuel Expense $7,200
- Trash Expense $2,640
- Water Sewer Expense $6,264
- Operating Expense $20,904
- Gross Income $10,650
- Net Operating Income $3,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,978 | $89,000 | $23,064 | $65,936 |
| 2024 | $10,978 | $89,000 | $23,064 | $65,936 |
| 2023 | $10,702 | $52,000 | $18,600 | $33,400 |
| 2022 | $10,702 | $52,000 | $18,600 | $33,400 |
| 2021 | $10,463 | $52,000 | $18,600 | $33,400 |
| 2020 | $11,611 | $52,089 | $10,788 | $41,301 |
| 2019 | $8,843 | $60,569 | $10,788 | $49,781 |
| 2018 | $8,709 | $60,569 | $10,788 | $49,781 |
| 2017 | $9,325 | $69,088 | $9,672 | $59,416 |
| 2016 | $9,599 | $69,088 | $9,672 | $59,416 |
| 2015 | $9,225 | $69,088 | $9,672 | $59,416 |
| 2014 | $9,147 | $54,943 | $8,928 | $46,015 |
| 2013 | $9,180 | $54,943 | $8,928 | $46,015 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $1,200,000 | +64.4% | -- | |
| 09/25/2024 09/25/24 | Sold | $730,000 | +0.7% | $84 / Sq Ft | View Prior Sale |
| 06/28/2024 06/28/24 | Pending | -- | -- | -- | |
| 06/01/2024 06/01/24 | For Sale | $725,000 | -- | $84 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12620688
APN: 13271150230000
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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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Ask me questions while you tour the home.