Seller's Agent in 2023
Mo Dadkhah
Fulton Grace
(847) 431-6222
1 in this area
112 Total Sales
3501 W Walnut St Chicago, IL 60624
Garfield Park Neighborhood
8
Beds
4
Baths
--
Sq Ft
2,178
Sq Ft Lot
Highlights
- Forced Air Heating System
- 4-minute walk to Conservatory-Central Park Drive Station
- 4-minute walk to Garfield (James) Park
About This Home
As of June 2023Rare opportunity to own a legitimate 10 cap brick 4 unit building in East Garfield Park. Each unit has 2 bedrooms and 1 bathroom. Separately metered utilities and low taxes make this an investor or live in owner's perfect property. Each unit has forced air and heat, as well as in unit washer/dryer. Three units currently rented and one vacant unit for potential owner occupant. Gross Rental Income of $56,400 (pro forma). Net Operating Income of approximately $46,030. Newer parapet wall and steel support beams. Incredible location just one block from Garfield Park and the Garfield Park Conservatory, walking distance to the Green line Train stop, Urban Farms, Schools, and more!
Last Agent to Sell the Property
Fulton Grace Realty License #475119960 Listed on: 05/03/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,430
Year Built
- Built in 1891
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 24x85
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Forced Air Heating System
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $180
- Insurance Expense $2,460
- Water Sewer Expense $1,800
- Gross Income $56,400
- Net Operating Income $46,030
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $440,000 | -2.2% | -- | |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- | |
| 05/03/2023 05/03/23 | For Sale | $450,000 | +21.6% | -- | |
| 06/02/2022 06/02/22 | Sold | $370,000 | +1.4% | -- | View Prior Sale |
| 11/14/2021 11/14/21 | Pending | -- | -- | -- | |
| 11/02/2021 11/02/21 | For Sale | $364,900 | +563.5% | -- | |
| 02/07/2014 02/07/14 | Sold | $55,000 | -6.8% | -- | View Prior Sale |
| 11/18/2013 11/18/13 | Pending | -- | -- | -- | |
| 11/18/2013 11/18/13 | For Sale | $59,000 | -- | -- |
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 | $3,599 | $38,000 | $3,215 | $34,785 |
| 2024 | $3,599 | $38,000 | $3,215 | $34,785 |
| 2023 | $3,508 | $17,000 | $2,605 | $14,395 |
| 2022 | $3,508 | $17,000 | $2,605 | $14,395 |
| 2021 | $3,430 | $16,999 | $2,604 | $14,395 |
| 2020 | $3,393 | $15,179 | $2,604 | $12,575 |
| 2019 | $3,477 | $17,249 | $2,604 | $14,645 |
| 2018 | $3,418 | $17,249 | $2,604 | $14,645 |
| 2017 | $4,131 | $19,125 | $2,327 | $16,798 |
| 2016 | $3,831 | $19,125 | $2,327 | $16,798 |
| 2015 | $3,505 | $19,125 | $2,327 | $16,798 |
| 2014 | $3,209 | $17,297 | $2,217 | $15,080 |
| 2013 | $3,146 | $17,297 | $2,217 | $15,080 |
Source: Public Records
Agents Affiliated with this Home
-
Mo Dadkhah
-
Rory Threatt
Seller Co-Listing Agent in 2023
Rory Threatt
Baird & Warner
(312) 622-7146
4 in this area
27 Total Sales
-
Eric Olsauskas
Buyer's Agent in 2023
Eric Olsauskas
iHome Real Estate
(708) 287-0000
1 in this area
42 Total Sales
-
Moises Pacheco
M
Seller's Agent in 2022
Moises Pacheco
Coldwell Banker Realty
(773) 634-1470
10 in this area
33 Total Sales
-
Lucas Augustyn
Buyer's Agent in 2022
Lucas Augustyn
Pearson Realty Group
(312) 266-7000
3 in this area
64 Total Sales
-
A
Seller's Agent in 2014
Alesia Graves
Braemar Group LTD
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11773616
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Based on information submitted to the MLS GRID
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