NOT LISTED FOR SALE

425 E 41st St Chicago, IL 60653

Grand Boulevard Neighborhood
4 Beds
3 Baths
-- Sq Ft
1888 Built

Last Sold November 11, 2020

Last sale price $390,000

11 Days on Market

Highlights

  • Lower Floor Utility Room
  • Entrance Foyer
  • Forced Air Heating System
  • Patio
  • Property is near a bus stop
  • 4-minute walk to Park No. 592

About This Home

As of November 2020

Bring your investors to this charming and updated 3br/2ba two flat + non-conforming garden unit! Character throughout this brick once upon a time row house. The first floor features 1br/1ba, second unit is 2br/1ba and Garden unit has 1br, kitchen, and full bath but is not zoned for legal occupancy. Residential units feature exposed brick, wood burning fireplaces, extra tall ceilings, and original detailing throughout. Rental income is between $36k- $40k annually. Rent Roll available for review. New roof, three new water heaters, 3 separate gas meters, furnaces and electrical boxes, new back stairs & iron fence, new front cement work and stairs, newer furnaces, fairly new plumbing, 2 year old w/d, 2 ext. parking spaces and ample off-street parking available. Fully rented and owner occupied. Tenants pay heat and electric. Wonderful investment opportunity in Bronzeville area minutes from Oakwood Beach (41st St. beach), lakefront, dog park, Mariano's, public transportation, and downtown!

Last Agent to Sell the Property

Nicole Hajdu

Baird & Warner License #475130785 Listed on: 10/08/2020

Last Buyer's Agent

Shara Kamal

REO Luxe, Inc. License #471017540

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1888 | 2015

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Entrance Foyer
  • Lower Floor Utility Room
  • Finished Basement
  • Exterior Basement Entry

Parking

  • Parking Available
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Patio
  • Property is near a bus stop

Community Details

  • Fuel Expense $300
  • Net Operating Income $29,359

Property Details

Home Type

Multi-Family

Year Built | Renovated

1888 | 2015

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Interstate Access
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2015
  • Total Full or Half Bathrooms: 3
  • Zoning Type: MULTI
  • Estimated Year Built: 1888
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1888
  • Year Renovated: 2015

Interior Features

  • Number Of Rooms: 11
  • Equipment: Multiple Water Heaters
  • Basement: Finished, Exterior Access
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Additional Rooms: Foyer, Utility Room-Lower Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Off Alley, Off Street
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air
  • Water Expense: 1600

Fee Information

  • Electricity Expense: 300
  • Insurance Expense: 1200
  • Scavenger Fee: 114

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 18X119
  • Parcel Identification Number: 20032120120000

Rental Info

  • Gross Rental Income: 37200
  • Total Rental Income: 37200

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 3
  • Net Operating Income: 29359
  • Fuel Expense: 300

Tax Info

  • Taxes: 4326.23

Range of Values:

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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 Prior Sale
11/11/2020 11/11/20 Sold $390,000 -8.2% --
10/19/2020 10/19/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $425,000 +82.0% --
12/22/2016 12/22/16 Sold $233,500 -9.8% -- View Prior Sale
11/16/2016 11/16/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $259,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nicole Hajdu

    Seller's Agent in 2020

    Nicole Hajdu

    Baird & Warner

    (773) 727-2199

    2 in this area

    362 Total Sales

    Nicole Hajdu
    Section Image

  • S

    Buyer's Agent in 2020

    Shara Kamal

    REO Luxe, Inc.

  • Sybil Martin

    Seller's Agent in 2016

    Sybil Martin

    Coldwell Banker Realty

    (773) 491-7217

    16 in this area

    179 Total Sales

    Sybil Martin
    Section Image
  • Paulette Edwards

    Seller Co-Listing Agent in 2016

    Paulette Edwards

    Coldwell Banker Realty

    (773) 837-0383

    15 in this area

    153 Total Sales

    Paulette Edwards
    Section Image
  • Dwayne Hirsch

    Buyer's Agent in 2016

    Dwayne Hirsch

    eXp Realty

    (630) 728-2414

    5 Total Sales

    Dwayne Hirsch
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10878213

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60653 Grand Boulevard

425 E 41st St, Chicago, IL

This home is located at 425 E 41st St, Chicago, IL 60653 since 08 October 2020. This property was built in 1888. 425 E 41st St is a home located in Cook County with nearby schools including Fuller Elementary School.

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