NOT LISTED FOR SALE

3505 E 96th St Chicago, IL 60617

East Side Neighborhood
15 Beds
7 Baths
-- Sq Ft
6,200 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $285,000

59 Days on Market

About This Home

As of March 2024

INCREDIBLE INVESTMENT OPPORTUNITY!! Over 20% ROI in Chicago's East Side! 7 unit solid-built building w/potential expansion of 2 garden units (gas lines ready). Two units are 3 BR's, Four units are 2 BR's and 1 unit is 1 BR. Each unit has generous living space, eat-in kitchen & hardwood floors throughout, all units have their own furnace/1 electric. Heat paid by tenants. 2 car brick garage & driveway with vacant side lot (that is buildable), in fenced yard. Many improvements: updated Electric, replaced windows, window lintels on 96th St side of bldg, new sewer to main, all units have been remodeled in past 15 yrs. Sold as-is. Need cash buyer or renovation loan.

Last Agent to Sell the Property

Kara Moll

Keller Williams ONEChicago License #471002752 Listed on: 08/31/2023

Keller Williams ONEChicago

Co-Listed By

Kourtney Kuntz

Keller Williams ONEChicago License #475157906

Last Buyer's Agent

Robert Reed

Charles Rutenberg Realty of IL License #475155066

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,554

Year Built

  • Built in 1911

Lot Details

  • 6,200 Sq Ft Lot
  • Lot Dimensions are 123 x 50
  • Corner Lot
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 7 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $2,384
  • Insurance Expense $3,689
  • Trash Expense $1,260
  • Water Sewer Expense $372
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,554

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1911
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Lock Box
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 15
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Fire Protection: None
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 299000
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Electric,Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1260
  • Water Sewer Expenses: 372
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.14
  • Lot Dimensions: 123 X 50
  • Lot Size Sq Ft: 6200
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Insurance Expense: 3689
  • ElectricExpense: 2384
  • GrossIncome: 96000
  • NumberOfUnitsTotal: 7
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 4554.3
  • Tax Year: 2021

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
03/15/2024 03/15/24 Sold $285,000 -4.7% --
10/30/2023 10/30/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $299,000 -8.0% --
08/31/2023 08/31/23 For Sale $325,000 +58.5% --
10/11/2019 10/11/19 Sold $205,000 -8.9% --
07/09/2019 07/09/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kara Moll

    Seller's Agent in 2024

    Kara Moll

    Keller Williams ONEChicago

    (708) 825-4387

    2 in this area

    187 Total Sales

    Kara Moll
    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kourtney Kuntz

    Keller Williams ONEChicago

    1 in this area

    81 Total Sales

    Kourtney Kuntz
    Section Image

  • R

    Buyer's Agent in 2024

    Robert Reed

    Charles Rutenberg Realty of IL

    (312) 414-7763

    1 in this area

    20 Total Sales

    Robert Reed
    Section Image
  • Rose Hoffmann

    Seller's Agent in 2019

    Rose Hoffmann

    Baird Warner

    (847) 627-0039

    86 Total Sales

    Rose Hoffmann
    Section Image
  • Daryl Hopkins

    Buyer's Agent in 2019

    Daryl Hopkins

    One Stop Real Estate Services

    (312) 531-1171

    36 Total Sales

    Daryl Hopkins
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11872006

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60617 East Side

3505 E 96th St, Chicago, IL

This home is located at 3505 E 96th St, Chicago, IL 60617 since 31 August 2023. This property was built in 1911. 3505 E 96th St is a home located in Cook County with nearby schools including Douglas Taylor Elementary School, George Washington High School, and LEARN South Chicago.

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