Seller's Agent in 2024
Maria Castillo
RE/MAX
(773) 251-0325
20 in this area
303 Total Sales
3110 W 59th St Chicago, IL 60629
Gage Park Neighborhood
16
Beds
15
Baths
--
Sq Ft
0.29
Acres
Highlights
- 12,500 Sq Ft lot
- Courtyard
- Heating Available
About This Home
As of November 2024Welcome to an exceptional investment opportunity! This newer brick building features 13 apartments and a bonus restaurant space, providing multiple streams of income. With an iron fence in front, the property offers security and curb appeal. Tenants pay utilities, maximizing profitability for the savvy investor. The building comprises 10 one-bedroom apartments, 3 two-bedroom apartments, and a commercial space, catering to various rental needs. Don't miss out on this fantastic money-making opportunity - call now to schedule a showing!
Last Agent to Sell the Property
RE/MAX Mi Casa License #475122116 Listed on: 05/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,392
Year Built
- Built in 1966
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 125x100
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 16 Bedrooms
- 15 Bathrooms
Outdoor Features
- Courtyard
Utilities
- Heating Available
- Separate Meters
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 14 Units
Building Details
- Electric Expense $2,024
- Fuel Expense $10,716
- Insurance Expense $4,796
- Trash Expense $1,966
- Water Sewer Expense $12,015
- Operating Expense $57,410
- Gross Income $173,100
- Net Operating Income $116,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2015
Sold by
Sandoval Gonzalo and Sandoval Maria E
Bought by
Dorrego Realty Llc
Current Estimated Value
Purchase Details
Closed on
Dec 6, 2000
Sold by
Imsorn Rungsarn
Bought by
Sandoval Gonzalo and Sandoval Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 8, 1999
Sold by
Udom Imsorn Rani and Udom Kulab
Bought by
Imsorn Rungsarn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.17%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | Chicago Title Insurance Co | |
| Warranty Deed | $340,000 | -- | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $1,300,000 | -7.1% | -- |
| 08/12/2024 08/12/24 | For Sale | $1,400,000 | 0.0% | -- |
| 06/29/2024 06/29/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $1,400,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $22,391 | $99,800 | $18,750 | $81,050 |
| 2023 | $22,082 | $101,013 | $11,250 | $89,763 |
| 2022 | $22,082 | $101,013 | $11,250 | $89,763 |
| 2021 | $21,256 | $101,013 | $11,250 | $89,763 |
| 2020 | $20,467 | $86,873 | $11,250 | $75,623 |
| 2019 | $18,784 | $86,873 | $11,250 | $75,623 |
| 2018 | $18,528 | $86,873 | $11,250 | $75,623 |
| 2017 | $12,508 | $54,000 | $10,312 | $43,688 |
| 2016 | $11,797 | $54,000 | $10,312 | $43,688 |
| 2015 | $16,056 | $79,608 | $10,312 | $69,296 |
| 2014 | $16,361 | $79,608 | $10,312 | $69,296 |
| 2013 | $16,068 | $79,608 | $10,312 | $69,296 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Castillo
-
Zahara Bazigos
Buyer's Agent in 2024
Zahara Bazigos
Keller Williams Infinity
(630) 536-9311
1 in this area
194 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12064305
APN: 19-13-125-039-0000
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