Seller's Agent in 2023
Elijah Reese
Serene Realty, Inc.
(312) 848-2947
6 in this area
153 Total Sales
4313 S King Dr Chicago, IL 60653
Grand Boulevard Neighborhood
77
Beds
49
Baths
11,460
Sq Ft
1907
Built
About This Home
As of November 2023This six Unit Building is a Gem in the Heart of Bronzeville that you don't come across every day in a prime location! Each of the units have massive amounts of space offering three Bedrooms, two full bathrooms, original hardwood floors and original wood accents throughout, separate living room areas that open up to the sun porches that grace the front of the building, formal dining room with a built in buffet, kitchen with food pantry & butler's pantry. There's a bonus Garden Unit that features two bedrooms and one bathroom. A Spacious backyard with garden and a two-car garage just to name a few. The rear porch on the back the building is newer and will last for many years to come. Top of the line Boiler and hot water heater is new in the past year as well. The building holds massive amounts of opportunity; A little TLC given to this building will go a long way! This property is being sold AS-IS. Schedule your private showing today!
Last Agent to Sell the Property
Serene Realty, Inc. License #471019825 Listed on: 10/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,917
Year Built
- Built in 1907
Home Design
- Brick Exterior Construction
- Concrete Block And Stucco Construction
Interior Spaces
- 11,460 Sq Ft Home
- 3-Story Property
- Finished Basement
Bedrooms and Bathrooms
- 77 Bedrooms
- 49 Bathrooms
Utilities
- No Cooling
- Radiator
- Heating System Uses Gas
- Radiant Heating System
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $1,000
- Fuel Expense $200
- Insurance Expense $10,000
- Trash Expense $800
- Water Sewer Expense $850
- Operating Expense $15,000
- Gross Income $36,000
- Net Operating Income $21,000
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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 |
|---|---|---|---|---|
| 11/03/2023 11/03/23 | Sold | $1,200,000 | 0.0% | $105 / Sq Ft |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- |
| 04/22/2023 04/22/23 | For Sale | $1,200,000 | 0.0% | $105 / Sq Ft |
| 02/10/2023 02/10/23 | Pending | -- | -- | -- |
| 10/06/2022 10/06/22 | For Sale | $1,200,000 | -- | $105 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,796 | $76,000 | $25,830 | $50,170 |
| 2024 | $10,796 | $76,000 | $25,830 | $50,170 |
| 2023 | $10,523 | $51,000 | $25,830 | $25,170 |
| 2022 | $10,523 | $51,000 | $25,830 | $25,170 |
| 2021 | $10,286 | $51,000 | $25,830 | $25,170 |
| 2020 | $9,917 | $44,519 | $12,546 | $31,973 |
| 2019 | $10,164 | $50,590 | $12,546 | $38,044 |
| 2018 | $9,993 | $50,590 | $12,546 | $38,044 |
| 2017 | $7,966 | $37,004 | $10,332 | $26,672 |
| 2016 | $7,412 | $37,004 | $10,332 | $26,672 |
| 2015 | $6,781 | $37,004 | $10,332 | $26,672 |
| 2014 | $6,609 | $35,622 | $8,856 | $26,766 |
| 2013 | $6,479 | $35,622 | $8,856 | $26,766 |
Source: Public Records
Agents Affiliated with this Home
-
Elijah Reese
-
Vadie Reese
Seller Co-Listing Agent in 2023
Vadie Reese
Serene Realty, Inc.
(312) 560-0208
7 in this area
154 Total Sales
-
Rory Threatt
Buyer's Agent in 2023
Rory Threatt
Fulton Grace
(312) 622-7146
2 in this area
28 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11647164
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