Seller's Agent in 2023
Mike Frank
Keller Williams Preferred Realty
(773) 251-8963
1 in this area
168 Total Sales
3327 S Archer Ave Chicago, IL 60608
McKinley Park NeighborhoodEstimated Value: $627,859 - $1,067,000
8
Beds
5
Baths
7,644
Sq Ft
$104/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Corner Lot
About This Home
As of December 2023Amazing opportunity for developer or investor in prime McKinley Park location! Partially rehabbed brick & frame corner mixed use building with 5 apartments, approximately 1100 sf storefront with 12-foot ceilings that used to be a bar, 2.5 car brick/block garage & additional side lot. Rear building has been completely remodeled with newer siding & two 2 Bed/1 Bath units with central air, new white kitchens featuring quartz countertops & SS appliances, new laminate flooring & newly remodeled bathrooms. 2nd floor rear unit has access to large roof deck. Both rear units are currently rented with signed leases. Front building contains storefront with two separate 1/2 bathrooms and a 2 bed/1 bath apartment on the 1st floor. 2nd floor has two 1 Bed/1 Bath apartments. Entire front building is vacant & needs rehab. Neither seller nor broker represent the legality of the 2nd floor front unit. The 2nd floor was divided into two units by a prior owner. Correct address is 3327-29 S Archer (Front building) and 1857 W 33rd Place (Rear building). Great location with easy access to downtown, I-55, Archer bus stop, CTA Orange line, Target, Starbucks, shopping & restaurants!
Last Agent to Sell the Property
Keller Williams Preferred Realty License #475129769 Listed on: 12/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,789
Year Built
- Built in 1892
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x125
- Property fronts an alley
- Corner Lot
Home Design
- Mixed Use
- Brick Exterior Construction
- Wood Frame Construction
- Fiberglass Roof
- Reflective Roof
- Rubber Roof
Interior Spaces
- 7,644 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Exterior Basement Entry
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $9,789
- Gross Income $34,800
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
Dec 13, 2023
Closed on
Dec 6, 2023
Sold by
Bought by
Seller's Agent
Mike Frank
Keller Williams Preferred Realty
Buyer's Agent
Lona Reiling
EXIT Strategy Realty
List Price
$600,000
Sold Price
$588,000
Premium/Discount to List
-$12,000
-2%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,620
Avg. Annual Appreciation
12.69%
Purchase Details
Listed on
Sep 24, 2020
Closed on
Mar 19, 2021
Sold by
Bought by
Seller's Agent
Theresa Zubricki
Home Sales Realty INC.
Buyer's Agent
Su Yang
COMANDIS Residential
List Price
$698,800
Sold Price
$600,000
Premium/Discount to List
-$98,800
-14.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $588,000 | Chicago Title | ||
| $600,000 | Old Republic Title |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/13/2023 12/13/23 | Sold | $588,000 | -2.0% | $77 / Sq Ft | |
| 12/13/2023 12/13/23 | Pending | -- | -- | -- | |
| 12/13/2023 12/13/23 | For Sale | $600,000 | 0.0% | $78 / Sq Ft | |
| 03/26/2021 03/26/21 | Sold | $600,000 | -14.1% | -- | View Prior Sale |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- | |
| 09/24/2020 09/24/20 | For Sale | $698,800 | -- | -- |
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 | $10,041 | $62,000 | $19,375 | $42,625 |
| 2024 | $10,041 | $62,000 | $19,375 | $42,625 |
| 2023 | $9,789 | $47,591 | $15,625 | $31,966 |
| 2022 | $9,789 | $47,591 | $15,625 | $31,966 |
| 2021 | $9,570 | $47,591 | $15,625 | $31,966 |
| 2020 | $3,273 | $36,489 | $12,500 | $23,989 |
| 2019 | $3,273 | $15,304 | $12,500 | $2,804 |
| 2018 | $0 | $40,543 | $12,500 | $28,043 |
| 2017 | $0 | $48,272 | $10,625 | $37,647 |
| 2016 | $0 | $48,272 | $10,625 | $37,647 |
| 2015 | $0 | $48,272 | $10,625 | $37,647 |
| 2014 | $5,951 | $39,222 | $7,500 | $31,722 |
| 2013 | $5,972 | $39,222 | $7,500 | $31,722 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Frank
-
James Frank
Seller Co-Listing Agent in 2023
James Frank
Keller Williams Preferred Realty
(630) 212-8322
1 in this area
128 Total Sales
-
Lona Reiling
Buyer's Agent in 2023
Lona Reiling
EXIT Strategy Realty
(312) 597-6270
1 in this area
93 Total Sales
-
Theresa Zubricki
Seller's Agent in 2021
Theresa Zubricki
Home Sales Realty INC.
(773) 617-0516
1 in this area
16 Total Sales
-
Su Yang
Buyer's Agent in 2021
Su Yang
COMANDIS Residential
(312) 753-9588
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11946757
APN: 17-31-220-017-0000
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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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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