NOT LISTED FOR SALE

3309 S Union Ave Chicago, IL 60616

Bridgeport Neighborhood
28 Beds
16 Baths
6,198 Sq Ft
3,920 Sq Ft Lot

Last Sold February 03, 2020

Last sale price $743,000 $120 Per Sq Ft

31 Days on Market

About This Home

As of February 2020

GREAT OPPORTUNITY FOR LONG TERM INVESTORS. ALL SOLID BRICK LEGAL 6 EXTRA LARGE UNITS IN THE HEART OF BRIDGEPORT ON A QUIET RESIDENTIAL BLOCK. FEATURES: 3 LARGE BEDROOMS, 1 FULL BATH FOR ALL 3 UNITS IN THE FRONT. 2 LARGE BEDROOMS, 1 FULL BATH FOR ALL 3 REAR UNITS. 9 FEET CEILINGS, 1.5 CAR GARAGE, ALL UTILITIES ARE IN INDIVIDUAL FURNACES, HOT WATER TANKS & ELECTRIC. NEWER FURNACES. PROPERTY SITTING ON AN EXTRA SIDE LOT OF 33'X125'. BUILDING SIZE 30'X100. WALKING DISTANCE TO WHITE SOX PARK, 10 ACRES OF PALMISANO PARK, #8 BUS, MARKET, RESTAURANTS, BANKS & LOCAL RETAILS STORES. 4 UNITS ARE CURRENTLY OCCUPIED W/ UNDER RENT PRICE MARKET, 2 UNITS ARE VACANT. FEW MINUTES TO I90/94, DOWNTOWN CHICAGO.

Last Agent to Sell the Property

Tanni Wong

Lakeside Properties Group, LLC License #471001865 Listed on: 11/04/2019

Last Buyer's Agent

Tanni Wong

Lakeside Properties Group, LLC License #471001865 Listed on: 11/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,134

Year Built

  • Built in 1909

Lot Details

  • 4,166 Sq Ft Lot
  • Lot Dimensions are 33 x 125

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,198 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 16 Bathrooms

Utilities

  • Radiator
  • Space Heater
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $720
  • Insurance Expense $2,000
  • Water Sewer Expense $2,100
  • Operating Expense $2,800
  • Gross Income $43,500
  • Net Operating Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,134

Year Built

Built in 1909

Lot Details

4,166 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1909
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 16
  • Total Bedrooms: 28
  • Basement Description: Unfinished
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Gas,Radiators,Wall Unit,Space Heaters
  • Leased Washer Dryer YN: No

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 33 X 125
  • Lot Size Sq Ft: 4166
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 6198

Multi Family

  • Net Operating Income: 43500
  • Insurance Expense: 2000
  • ElectricExpense: 720
  • GrossIncome: 43500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 2800
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13133.6
  • Tax Year: 2018
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $743,000 -7.0% $120 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $799,000 -- $129 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,603 $86,000 $22,705 $63,295
2024 $12,603 $86,000 $22,705 $63,295
2023 $12,286 $59,734 $18,330 $41,404
2022 $12,286 $59,734 $18,330 $41,404
2021 $12,012 $59,733 $18,330 $41,403
2020 $12,886 $57,844 $18,330 $39,514
2019 $13,358 $66,488 $18,330 $48,158
2018 $13,134 $66,488 $18,330 $48,158
2017 $9,663 $44,889 $14,581 $30,308
2016 $10,636 $53,102 $14,581 $38,521
2015 $9,731 $53,102 $14,581 $38,521
2014 $8,471 $45,657 $12,498 $33,159
2013 $8,304 $45,657 $12,498 $33,159
Source: Public Records

Agents Affiliated with this Home

  • Tanni Wong

    Seller's Agent in 2020

    Tanni Wong

    Lakeside Properties Group, LLC

    (312) 388-1792

    20 in this area

    42 Total Sales

    Tanni Wong
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10566171

Midwest Real Estate Data (MRED)

APN: 17331200040000

Illinois Cook County Chicago 60616 Bridgeport

3309 S Union Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) 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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