Seller's Agent in 2023
Sam Shah
YBRS Realty Inc.
(847) 477-1477
17 in this area
123 Total Sales
3911 W 14th St Chicago, IL 60623
North Lawndale Neighborhood
12
Beds
3
Baths
--
Sq Ft
1920
Built
About This Home
As of December 2023Incredible Investment Opportunity - 3-Unit Brick Building with Strong Rental Income and Guaranteed CHA Tenants! This well maintained property features three spacious units, each comprising 4 bedrooms and 1 bathroom. Generating a solid gross monthly income of $4,251, all units are currently leased to CHA (Chicago Housing Authority) tenants, providing a guaranteed government-backed rent. The convenience of separate utilities and gas forced air systems adds appeal, while the month-to-month lease agreements provide the flexibility to either capitalize on the attractive rental income or opt for owner occupancy. Don't miss your chance to own this remarkable property offering steady cash flow and investment potential in a sought-after location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,916
Year Built
- Built in 1920 | Remodeled in 2018
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Uncovered Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 29 x 125
Community Details
- 3 Units
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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 |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Sold | $390,000 | -3.7% | -- |
| 10/23/2023 10/23/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $405,000 | 0.0% | -- |
| 09/19/2023 09/19/23 | Pending | -- | -- | -- |
| 08/26/2023 08/26/23 | For Sale | $405,000 | -- | -- |
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 | $2,011 | $30,000 | $5,265 | $24,735 |
| 2024 | $2,011 | $30,000 | $5,265 | $24,735 |
| 2023 | $1,960 | $9,500 | $4,266 | $5,234 |
| 2022 | $1,960 | $9,500 | $4,266 | $5,234 |
| 2021 | $1,916 | $9,499 | $4,266 | $5,233 |
| 2020 | $1,304 | $5,833 | $4,266 | $1,567 |
| 2019 | $4,021 | $19,945 | $4,266 | $15,679 |
| 2018 | $3,953 | $19,945 | $4,266 | $15,679 |
| 2017 | $3,913 | $18,113 | $3,812 | $14,301 |
| 2016 | $4,183 | $20,883 | $3,812 | $17,071 |
| 2015 | $3,827 | $20,883 | $3,812 | $17,071 |
| 2014 | $4,157 | $22,407 | $3,631 | $18,776 |
| 2013 | $4,075 | $22,407 | $3,631 | $18,776 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Shah
-
Scott Siegel
Buyer's Agent in 2023
Scott Siegel
Chicago Real Estate Authority
(773) 968-1110
2 in this area
49 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11870435
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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