3012 W Warren Blvd Chicago, IL 60612
Garfield Park NeighborhoodEstimated payment $7,060/month
About This Home
Great income earner in quickly up and coming East Garfield Park. Lots of high-end new construction and renovations going on in the area make this a shrewd investment. Professionally managed, solid brick building with 7 units. Great mix of 2 and 1 bed units along with a spacious garden unit to cap it off. 5 of the 7 units have had significant upgrades and rent has increased with each new tenant. Tenant quality is high as management company requires rigorous screening for all applicants including credit, criminal background checks, income verification and current/former landlord reference. Spacious units include really good bedroom sizes and lots of natural light that long term tenants covet. Easy street parking, laundry in the building and very well kept common areas also help with tenant retention. This is the kind of building that can grow as neighborhood rents and values continue to climb by continuing to update finishes to appeal to higher value tenants.
Listing Agent
Westward360 RM Brokerage Email: miked@westward360.com License #475151832 Listed on: 11/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,680
Year Built
- Built in 1925
Interior Spaces
- 5,200 Sq Ft Home
- 3-Story Property
Utilities
- Window Unit Cooling System
- Radiator
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $844
- Fuel Expense $8,329
- Insurance Expense $999
- Maintenance Expense $3,455
- Other Expense $999
- Trash Expense $2,230
- Water Sewer Expense $5,050
- Operating Expense $33,210
- Gross Income $107,220
- Net Operating Income $76,362
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 | $8,680 | $62,000 | $3,625 | $58,375 |
| 2024 | $8,680 | $62,000 | $3,625 | $58,375 |
| 2023 | $8,462 | $41,001 | $2,938 | $38,063 |
| 2022 | $8,462 | $41,001 | $2,938 | $38,063 |
| 2021 | $8,272 | $40,999 | $2,937 | $38,062 |
| 2020 | $5,019 | $22,456 | $2,937 | $19,519 |
| 2019 | $3,122 | $15,485 | $2,937 | $12,548 |
| 2018 | $4,945 | $24,951 | $2,937 | $22,014 |
| 2017 | $4,703 | $21,771 | $2,625 | $19,146 |
| 2016 | $4,360 | $21,771 | $2,625 | $19,146 |
| 2015 | $3,989 | $21,771 | $2,625 | $19,146 |
| 2014 | $3,873 | $20,876 | $2,500 | $18,376 |
| 2013 | $3,797 | $20,876 | $2,500 | $18,376 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2026 02/10/26 | Price Changed | $1,230,000 | -1.6% | $237 / Sq Ft | |
| 11/11/2025 11/11/25 | For Sale | $1,250,000 | +54.3% | $240 / Sq Ft | |
| 06/15/2022 06/15/22 | Sold | $810,000 | -7.4% | $158 / Sq Ft | View Prior Sale |
| 06/07/2022 06/07/22 | For Sale | $875,000 | 0.0% | $170 / Sq Ft | |
| 04/07/2022 04/07/22 | For Sale | $875,000 | +6.1% | $170 / Sq Ft | |
| 03/10/2022 03/10/22 | Pending | -- | -- | -- | |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | $825,000 | +30.5% | $161 / Sq Ft | |
| 02/11/2020 02/11/20 | Sold | $632,000 | -6.4% | $123 / Sq Ft | View Prior Sale |
| 01/29/2020 01/29/20 | For Sale | $675,000 | 0.0% | $132 / Sq Ft | |
| 12/11/2019 12/11/19 | Pending | -- | -- | -- | |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- | |
| 10/29/2019 10/29/19 | For Sale | $675,000 | -- | $132 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12515622
APN: 16123250390000
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Based on information submitted to the MLS GRID. 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.
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Ask me questions while you tour the home.