$1,350,000

Estimated payment $8,652/month

Total Views 340
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

8 unit mixed use property. Six spacious (5+ room) 2BR apartments, all located above the 2 stores. Hardwood floors throughout. All kitchens have a large pantry. Cooking gas paid by tenant. Radiator heat. Newer roof. One of a kind parking situation for a vintage building - 9+ parking spots on site! All rents under market for this location with all of this parking. Steps to the Blue line and Kennedy expressway. Laundry in building. All tenants on month to month, except one unit. **Owner financing available** Great opportunity!

Listing Agent

Lou Soteras

LJS Realty License #471011180 Listed on: 08/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,119

Year Built

  • Built in 1920

Lot Details

  • 6,985 Sq Ft Lot
  • Lot Dimensions are 127 x 55

Parking

  • 6 to 12 Parking Spaces

Interior Spaces

  • 3-Story Property

Utilities

  • Central Heating
  • Radiator
  • Heating System Uses Steam

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,040
  • Fuel Expense $7,553
  • Insurance Expense $7,419
  • Trash Expense $1,877
  • Water Sewer Expense $3,927
  • Operating Expense $36,935
  • Gross Income $109,500
  • Net Operating Income $72,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,119

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 2

Exterior Features

  • List Price: 1350000

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Central Bldg Heat,Radiators,Steam
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 1877
  • Water Sewer Expenses: 3927
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 127 x 55
  • Lot Size Sq Ft: 6985
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 10
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 72565
  • Fuel Expense: 7553
  • Insurance Expense: 7419
  • ElectricExpense: 1040
  • GrossIncome: 109500
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 36935
  • Expense Year: 2024
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 15119
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $15,119 $81,238 $24,448 $56,790
2023 $14,739 $71,403 $12,573 $58,830
2022 $14,739 $71,403 $12,573 $58,830
2021 $14,406 $71,403 $12,573 $58,830
2020 $14,252 $63,754 $12,573 $51,181
2019 $12,852 $63,754 $12,573 $51,181
2018 $12,634 $63,754 $12,573 $51,181
2017 $13,365 $61,879 $11,001 $50,878
2016 $12,435 $61,879 $11,001 $50,878
2015 $11,379 $61,879 $11,001 $50,878
2014 $11,917 $63,996 $11,001 $52,995
2013 $11,682 $63,996 $11,001 $52,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $1,350,000 0.0% --
02/14/2016 02/14/16 Rented $1,050 0.0% --
01/20/2016 01/20/16 For Rent $1,050 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $530,000 None Available
Legal Action Court Order -- None Available
Deed $892,500 Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $857,890 Commercial
Previous Owner $780,000 Credit Line Revolving
Source: Public Records

Similar Home in Chicago, IL

  • 5127 S Indiana Ave, Chicago, IL 60615

    $1,395,000

    • 16 Beds
    • 8 Baths
    • 5127 S Indiana Ave
    • Chicago, IL

    This exceptional 4-unit building can generate $125,000 in rental income! Spanning 8,000 sq. ft., this newly gut-rehabbed property offers modern luxury in every unit. Each space is designed with custom cabinets, stainless steel appliances, huge bedrooms, and all units feature master suites. Built with all proper permits, this building showcases quality craftsmanship and thoughtful finishes

    seviiri bunjo Chicagoland Brokers, Inc.

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12433772

Midwest Real Estate Data (MRED)

APN: 13-22-104-001-0000