3024 E Cheltenham Place Chicago, IL 60649
South Shore NeighborhoodEstimated payment $894/month
About This Home
Calling All Investors! Rare opportunity to own a luxury 2-flat just steps from the Thrive Exchange development on Chicago's South Side. Located just one block from Lake Michigan, this property sits in a rapidly appreciating area with strong rental and resale upside. Investment Highlights: Approved plans & permits in hand Opportunity to complete a high-end, income-producing asset Prime South Side location near major development Strong long-term appreciation potential Property Features: Soaring high ceilings, Large, open floor plans, Modern layouts with premium finish potential Designed for luxury living Unit 1: 3 Bedrooms, 2 Full Bathrooms. In-unit washer & dryer Unit 2: 2 Bedrooms, 2 Full Bathrooms, In-unit washer & dryer This is an ideal opportunity for investors seeking to complete a luxury build in a high-demand neighborhood with significant rental income potential. Photos and approved permit/plans attached. Additional details available upon request. ARV: $375,000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,391
Year Built
- Built in 1910
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 4 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
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 | $1,477 | $11,900 | $1,631 | $10,269 |
| 2024 | $1,477 | $11,900 | $1,631 | $10,269 |
| 2023 | $1,440 | $7,000 | $2,719 | $4,281 |
| 2022 | $1,440 | $7,000 | $2,719 | $4,281 |
| 2021 | $1,407 | $6,999 | $2,718 | $4,281 |
| 2020 | $2,728 | $12,246 | $1,957 | $10,289 |
| 2019 | $2,796 | $13,916 | $1,957 | $11,959 |
| 2018 | $2,749 | $13,916 | $1,957 | $11,959 |
| 2017 | $4,141 | $19,236 | $1,740 | $17,496 |
| 2016 | $3,853 | $19,236 | $1,740 | $17,496 |
| 2015 | $3,525 | $19,236 | $1,740 | $17,496 |
| 2014 | $2,847 | $15,345 | $1,522 | $13,823 |
| 2013 | $2,791 | $15,345 | $1,522 | $13,823 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2026 02/26/26 | For Sale | $135,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Available | |
| Warranty Deed | $90,000 | Multiple | |
| Deed | $5,333 | Intercounty Title Co Illinoi |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $97,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12569078
APN: 21-30-411-021-0000
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.
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.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.