NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 25, 2021

Last sale price $415,000

32 Days on Market

About This Home

As of May 2021

Nestled on a tree-lined residential street; 407-409 East 74th St is located in the heart of Park Manor neighborhood in Chicago. The subject property is a 2 story walk-up style apartment building built in 1926. The building consists of 6 units; 3 - one-bedroom and 3 - two-bedroom with one bathroom per unit. ALL SEPARATE HEAT, NEWLY TUCKPOINTED. Majority of the units have been updated with modern kitchen and baths. Laundry room and one car garage for additional income. This is a positive cash flow property with room for rent increases

Last Agent to Sell the Property

Cedrick Hunter

Hunter's Realty, Inc. License #471004166 Listed on: 03/08/2021

Last Buyer's Agent

Paul Stepanovich

Town Center Properties License #471010571

Property Details

Home Type

  • Multi-Family

Year Built

  • 1926

Lot Details

  • 4,792

Community Details

  • Fuel Expense $1,800
  • Insurance Expense $3,300

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1926

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 30904
  • Repairs Decor Expense: 1200
  • Scavenger Expense: 1920
  • Total Annual Exp: 23306
  • Total Annual Income: 55800
  • Total Monthly Income: 4650
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 2
  • Estimated Year Built: 1926
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Exterior Features

  • Acreage: 0.11

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 1

Utilities

  • Heatventilation: Radiators, Separate Per Unit
  • Water Expense: 2600

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 900
  • Janitor Expense: 2790

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 20272240010000

Rental Info

  • Gross Rental Income: 55800
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 1800
  • Insurance Expense: 3300

Tax Info

  • Taxes: 3696

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $415,000 -2.4% --
04/09/2021 04/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $425,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11014278

Midwest Real Estate Data (MRED)