NOT LISTED FOR SALE

3553 S Hamilton Ave Chicago, IL 60609

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

Sale Details

Date Sold: February 13, 2025

Last sale price $575,000 $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

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

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
Oct 31, 2024
Closed on
Jan 13, 2025
Sold by
Bought by
Seller's Agent
Joe Castillo
RE/MAX Mi Casa
Buyer's Agent
So Yin Ng
Goodland Realty Inc.
List Price
$575,000
Sold Price
$575,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
0.0693%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,300
Interest Rate
0.0687%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
0.0786%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 1993
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$575,000 Chicago Title
-- None Available
$412,000 First American Title
-- --
$205,000 --
$195,000 Chicago Title Insurance Co
$116,666 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $350,000
Previous Owner $325,300
Previous Owner $203,324
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
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

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 $6,515 $47,000 $19,375 $27,625
2024 $6,515 $47,000 $19,375 $27,625
2023 $6,352 $30,710 $15,625 $15,085
2022 $6,352 $30,710 $15,625 $15,085
2021 $6,175 $30,709 $15,625 $15,084
2020 $7,077 $31,564 $12,500 $19,064
2019 $7,336 $36,281 $12,500 $23,781
2018 $7,213 $36,281 $12,500 $23,781
2017 $7,260 $33,505 $10,625 $22,880
2016 $7,778 $38,580 $10,625 $27,955
2015 $8,143 $44,116 $10,625 $33,491
2014 $5,046 $26,986 $7,500 $19,486
2013 $4,948 $26,986 $7,500 $19,486
Source: Public Records

Agents Affiliated with this Home

  • Joe Castillo

    Seller's Agent in 2025

    Joe Castillo

    RE/MAX

    (773) 255-6532

    2 in this area

    144 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

    46 Total Sales

    So Yin Ng
    Section Image
See All Agents

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

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) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.