$575,000
SOLD FEB 13, 2025

3553 S Hamilton Ave Chicago, IL 60609

McKinley Park Neighborhood
8 Beds
4 Baths
4,160 Sq Ft
1890 Built

Recently Sold

$138 Per Sq Ft

13 Days on Market

About This Home

As of February 2025

Welcome to McKinley Park, where a golden opportunity awaits! This double lot in the sought-after McKinley Park area is an absolute dream for investors seeking a lucrative venture. Currently, on a double lot with an RT-4 zoning, this 4-unit property generates a monthly rental income of 3,200 dollars. This is a low-risk opportunity for investors with the potential to increase rents with minor updates to the property. Positioned within the esteemed McKinley Park area, this property and land hold tremendous potential.

Last Agent to Sell the Property

Joe Castillo

RE/MAX Mi Casa License #471000216 Listed on: 10/31/2024

RE/MAX Mi Casa

Last Buyer's Agent

So Yin Ng

Goodland Realty Inc. License #471002880

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1890

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 125

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,514

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 50 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 6514.5
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $575,000 0.0% $138 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $575,000 -- $138 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Castillo

    Seller's Agent in 2025

    Joe Castillo

    RE/MAX

    (773) 255-6532

    3 in this area

    151 Total Sales

    Joe Castillo
    Section Image
  • So Yin Ng

    Buyer's Agent in 2025

    So Yin Ng

    Goodland Realty Inc.

    (312) 802-2828

    11 in this area

    51 Total Sales

    So Yin Ng
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177762

Midwest Real Estate Data (MRED)

APN: 17313050200000

Illinois Cook County Chicago 60609 McKinley Park

3553 S Hamilton Ave, Chicago, IL

Sold

MultiFamily

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