Kenneth Sabino
Baird & Warner
(773) 906-4690
47 Total Sales
1 in Bronzeville
$225,000 Price
3555 S King Dr Chicago, IL 60653
Bronzeville Neighborhood
10
Beds
6
Baths
--
Sq Ft
1908
Built
Highlights
- Gated Community
- Soaking Tub
- Ceiling Fan
- Fenced Yard
- Forced Air Heating System
- Paved or Partially Paved Lot
About This Home
As of April 2022AMAZING INVESTMENT OPPORTUNITY IN BOOMING AREA! Own a 4 Unit property on historic Martin Luther King Jr. Drive Boulevard in popular Bronzeville neighborhood. 1st & 2nd floor unit our identical in layout. 2nd & 3rd floor has the same expansive layout that it's the length of the entire building 2200 sq ft each. The 1st floor units have been recently renovated within the last 5 year. It is a 2-bedroom, 1 bathroom unit includes separate dining room, living room and kitchen. Updated lighting, kitchen cabinets, and bathroom ceramic tile. The 2nd floor has been newly renovated 3 bedroom and 2-bathroom apartment. Newly remodeled kitchen with white cabinets, quartz countertops, large living room, owner suite with soaker tub, spacious closet. Additional space for home office. 3rd floor unit needs to be completely renovated. Washer and dryer in all units. A stunning and valued street close to transportation, fitness center, restaurants, Lake Michigan, and the New "Mariano's" grocery store. Living in a piece of what's next. Live in the heart of Bronzeville where the diversity and equity in homes and the neighborhood are easily recognizable. The location of this apartment makes it a commuter's paradise because it's less than a 5 minutes' drive from a total of 5 separate major expressways and Downtown Chicago! Wintrust Arena, McCormick Place, White Sox Park, Beach are just blocks away. MINUTES TO LOOP, LAKE, MARIANO'S, DINING, HYDE PARK, U of C campus, IIT campus and Lake Shore Drive. THE BUILDING IS FULLY OCCUPIED. PLEASE DO NOT DISTURB THE TENANT!!!!!
Last Agent to Sell the Property
Art Property Management LLC License #471014916 Listed on: 01/26/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,669
Year Built
- Built in 1908
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Storm Screens
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 6 Bathrooms
- Soaking Tub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
Lot Details
- Lot Dimensions are 50x160
- Fenced Yard
- Paved or Partially Paved Lot
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
Community Details
Building Details
- Electric Expense $360
- Insurance Expense $3,600
- Maintenance Expense $4,990
- Manager Expense $5,400
- Professional Management Expense $2,700
- Water Sewer Expense $2,400
- Gross Income $6,935
- Net Operating Income $6,935
Additional Features
- 4 Units
- Gated Community
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
Jan 26, 2022
Closed on
Mar 28, 2022
Sold by
Chicago3555 Llc
Bought by
Seller's Agent
Tiffany Watkins
Art Property Management LLC
Buyer's Agent
Darryl Toney
Jason Mitchell Real Estate IL
List Price
$900,000
Sold Price
$899,750
Premium/Discount to List
-$250
-0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,715
Outstanding Balance
$858,153
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2021
Sold by
Jones Anthony
Bought by
Chicago3555 Llc
Purchase Details
Closed on
Feb 3, 2006
Sold by
Coleman Beverly and Lesueur Emily
Bought by
Jones Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 9, 1996
Sold by
Martin Patricia B and Martin William I
Bought by
Coleman Beverly and Lesueur Emily
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bronzeville, IL
-
Kenneth Sabino
-
Richard Lomax
Richard Lomax
Fulton Grace Realty
(312) 376-3268
81 Total Sales
7 in Bronzeville
$490K - $840K Price Range
-
Adam McDowell
Adam McDowell
Berkshire Hathaway HomeServices Chicago
(888) 366-7309
45 Total Sales
1 in Bronzeville
$705,000 Price
-
Darren Allen
Darren Allen
Real Broker LLC
(224) 507-1815
294 Total Sales
1 in Bronzeville
$315,000 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,070 Total Sales
1 in Bronzeville
$345,000 Price
-
Vikky Kaufman
Vikky Kaufman
Coldwell Banker Realty
(866) 693-4166
42 Total Sales
1 in Bronzeville
$64,900 Price
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 |
|---|---|---|---|
| $900,000 | None Listed On Document | ||
| Chicago3555 Llc | -- | Attorney | |
| Jones Anthony | $490,000 | First American | |
| Coleman Beverly | $200,000 | -- |
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 | $930,715 | ||
| Previous Owner | Jones Anthony | $392,000 |
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 |
|---|---|---|---|---|
| 04/13/2022 04/13/22 | Sold | $899,750 | 0.0% | -- |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 01/26/2022 01/26/22 | For Sale | $900,000 | -- | -- |
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 | $8,824 | $87,000 | $23,734 | $63,266 |
| 2024 | $8,824 | $87,000 | $23,734 | $63,266 |
| 2023 | $9,285 | $45,000 | $19,096 | $25,904 |
| 2022 | $9,285 | $45,000 | $19,096 | $25,904 |
| 2021 | $9,076 | $45,000 | $19,096 | $25,904 |
| 2020 | $10,669 | $47,892 | $16,368 | $31,524 |
| 2019 | $10,934 | $54,423 | $16,368 | $38,055 |
| 2018 | $10,750 | $54,423 | $16,368 | $38,055 |
| 2017 | $9,170 | $42,600 | $13,640 | $28,960 |
| 2016 | $8,532 | $42,600 | $13,640 | $28,960 |
| 2015 | $7,806 | $42,600 | $13,640 | $28,960 |
| 2014 | $7,888 | $42,512 | $10,912 | $31,600 |
| 2013 | $7,732 | $42,512 | $10,912 | $31,600 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany Watkins
Seller's Agent in 2022
Tiffany Watkins
Art Property Management LLC
(312) 999-0889
1 in this area
22 Total Sales
-
Darryl Toney
Buyer's Agent in 2022
Darryl Toney
Jason Mitchell Real Estate IL
(773) 531-2763
1 in this area
28 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11311852
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.
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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