A
Seller's Agent in 2024
Angela Mana
Barr Agency, Inc
400 E 109th St Chicago, IL 60628
Roseland Neighborhood
11
Beds
6
Baths
3,360
Sq Ft
1962
Built
About This Home
As of November 2024This 6-unit building offers an exceptional investment opportunity, boasting a strong cap rate of 12.3 to ensure solid positive cash flow. Comprising five 2-bed/1-bath units and one 1-bed/1-bath garden apartment, each unit features hardwood floors and spacious layouts with generously sized great rooms and large eat-in kitchens. Recent upgrades, including copper plumbing, updated electric systems, and extensive masonry work, enhance the building's value while reducing maintenance needs. Additionally, the property provides convenient onsite laundry facilities and five parking spaces at the rear. Positioned on a serene, tree-lined street near the esteemed Gwendolyn Brooks College Preparatory campus and Palmer Park, its location is highly desirable. This 6-unit walk-up presents an attractive opportunity for investors seeking strong cash flow and potential value appreciation in a prime Chicago location.
Last Agent to Sell the Property
Angela Mana
Barr Agency, Inc License #475188228 Listed on: 05/28/2024
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,319
Year Built
- Built in 1962
Home Design
- Garden Apartment
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Additional Features
- 3-Story Property
- Lot Dimensions are 43' x 125'
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $466
- Fuel Expense $4,029
- Insurance Expense $2,500
- Maintenance Expense $2,000
- Trash Expense $1,314
- Water Sewer Expense $1,570
- Operating Expense $17,448
- Gross Income $66,720
- Net Operating Income $49,272
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2024 11/29/24 | Sold | $390,000 | 0.0% | $116 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | Off Market | $390,000 | -- | -- |
| 08/12/2024 08/12/24 | For Sale | $400,000 | 0.0% | $119 / Sq Ft |
| 06/19/2024 06/19/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $400,000 | -- | $119 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12068350
APN: 25154070430000
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 10841 S Vernon Ave
- 10947 S King Dr
- 519 E 109th St
- 11022 S Vernon Ave
- 408 E 107th St
- 10721 S Prairie Ave
- 10742 S Prairie Ave
- 10734 S Prairie Ave
- 10722 S Prairie Ave
- 10755 S Champlain Ave
- 10606 S Vernon Ave
- 10742 S Indiana Ave
- 153 E 110th St
- 10734 S Langley Ave
- 10710 S Langley Ave
- 10617 S Prairie Ave
- 10553 S Calumet Ave
- 124 E 110th St
- 22 E 112th St
- 10626 S Prairie Ave
- 406 E 109th St Unit 1B
- 406 E 109th St
- 406 E 109th St Unit 2N
- 406 E 109th St Unit BS
- 406 E 109th St Unit 1S
- 406 E 109th St Unit 1S
- 406 E 109th St Unit 1N
- 406 E 109th St Unit 2S
- 406 E 109th St Unit BS
- 410 E 109th St
- 410 E 109th St Unit GN
- 410 E 109th St Unit 2S
- 10843 S King Dr
- 414 E 109th St
- 10901 S King Dr
- 10901 S King Dr
- 10901 S King Dr Unit 301
- 10901 S King Dr Unit 303
- 10901 S King Dr Unit 102
- 10901 S King Dr Unit 302