Kimberly Ingram
Coldwell Banker Realty
(773) 917-0540
87 Total Sales
4 in Roseland
$143K - $280K Price Range
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
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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
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
May 28, 2024
Closed on
Nov 16, 2024
Sold by
Atech Investments Inc
Bought by
Seller's Agent
Angela Mana
Barr Agency, Inc
Buyer's Agent
Non Member
NON MEMBER
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$287,164
Interest Rate
6.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2015
Sold by
American Real Estate Investments #8 Llc
Bought by
Aptech Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 16, 2015
Sold by
Ceh Investment Group Inc
Bought by
American Real Estates Investments #8 Llc
Purchase Details
Closed on
Apr 18, 2006
Sold by
Howard Maple
Bought by
Ceh Investment Group Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 1, 2004
Sold by
Howard John
Bought by
Howard Maple
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
6.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 2001
Sold by
Baker Robert A
Bought by
Howard John W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.27%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Roseland, IL
-
Kimberly Ingram
-
O'Neia Washington
O'Neia Washington
O W Auction Group LLC
(773) 923-3407
58 Total Sales
1 in Roseland
$177,500 Price
-
Shena Penachio
Shena Penachio
Responds QuicklySkyward Realty
(219) 351-6993
46 Total Sales
1 in Roseland
$159,000 Price
-
Jorge Mariscal
Jorge Mariscal
RE/MAX Partners
(708) 859-6514
126 Total Sales
1 in Roseland
$40,000 Price
-
Izzy Corona
Izzy Corona
Responds QuicklyPremiere Realty Group Inc
(331) 258-8080
89 Total Sales
1 in Roseland
$254,000 Price
-
Tamika Marks
Tamika Marks
Trademarks & Associates
(888) 589-1720
266 Total Sales
21 in Roseland
$33K - $171K Price Range
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 |
|---|---|---|---|
| $390,000 | Altima Title | ||
| Aptech Investments Inc | $165,000 | Ct | |
| American Real Estates Investments #8 Llc | -- | None Available | |
| Ceh Investment Group Inc | $350,000 | Chicago Title Insurance Co | |
| Howard Maple | -- | First American Title | |
| Howard John W | $225,000 | -- |
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 | $292,500 | ||
| Previous Owner | Aptech Investments Inc | $132,000 | |
| Previous Owner | Ceh Investment Group Inc | $280,000 | |
| Previous Owner | Howard Maple | $197,500 | |
| Previous Owner | Howard John W | $540,000 |
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 |
|---|---|---|---|---|
| 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
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 | $3,403 | $18,500 | $3,293 | $15,207 |
| 2024 | $3,403 | $18,500 | $3,293 | $15,207 |
| 2023 | $3,320 | $16,092 | $7,134 | $8,958 |
| 2022 | $3,320 | $16,092 | $7,134 | $8,958 |
| 2021 | $3,245 | $16,091 | $7,134 | $8,957 |
| 2020 | $2,766 | $12,387 | $4,390 | $7,997 |
| 2019 | $3,451 | $17,131 | $4,390 | $12,741 |
| 2018 | $3,392 | $17,131 | $4,390 | $12,741 |
| 2017 | $4,410 | $20,443 | $3,841 | $16,602 |
| 2016 | $4,515 | $22,489 | $3,841 | $18,648 |
| 2015 | $4,131 | $22,489 | $3,841 | $18,648 |
| 2014 | $3,578 | $19,235 | $3,292 | $15,943 |
| 2013 | $3,507 | $19,235 | $3,292 | $15,943 |
Source: Public Records
Agents Affiliated with this Home
-
AM
Seller's Agent in 2024
Angela Mana
Barr Agency, Inc
-
NM
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.
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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