$103,000
SOLD APR 29, 2026

3024 E Cheltenham Place Chicago, IL 60649

South Shore Neighborhood
5 Beds
4 Baths
2,800 Sq Ft
1910 Built

Sale Details

Date Sold: April 29, 2026

$37 Per Sq Ft

24% Below List Price

46 Days on Market

About This Home

As of April 2026

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

Last Agent to Sell the Property

Shavon Mitchell

Blue Door Dave Inc License #475210114 Listed on: 02/26/2026

Last Buyer's Agent

Jaskirat Vig

Blue Door Dave Inc License #475193845

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,391

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber, Flat
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Yes
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 2,800 sq ft
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2390.77
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2026
Closed on
Apr 29, 2026
Sold by
Bought by
Seller's Agent
Shavon Mitchell
Blue Door Dave Inc
Buyer's Agent
Jaskirat Vig
Blue Door Dave Inc
List Price
$135,000
Sold Price
$103,000
Premium/Discount to List
-$32,000
-23.7%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
391.59%
Original Mortgage
$268,100
Outstanding Balance
$246,403
Interest Rate
6.37%
Mortgage Type
Construction
Estimated Equity
-$115,612

Purchase Details

Closed on
Jan 25, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $103,000 Fidelity National Title Compan
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
Source: Public Records

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
Open $268,100 Construction
Previous Owner $97,000 Commercial
Source: Public Records

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
04/29/2026 04/29/26 Sold $103,000 -17.6% $37 / Sq Ft
04/13/2026 04/13/26 Pending -- -- --
04/01/2026 04/01/26 Price Changed $125,000 -7.4% $45 / Sq Ft
03/04/2026 03/04/26 For Sale $135,000 0.0% $48 / Sq Ft
03/01/2026 03/01/26 Pending -- -- --
02/26/2026 02/26/26 For Sale $135,000 -- $48 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12569078

Midwest Real Estate Data (MRED)

APN: 21-30-411-021-0000

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