Seller's Agent in 2023
Gediminas Cesevicius
USA Realty Group Inc
(708) 772-8383
1 in this area
4 Total Sales
4530 S King Dr Chicago, IL 60653
Grand Boulevard Neighborhood
23
Beds
12
Baths
15,800
Sq Ft
8,100
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Brick or Stone Mason
- 3-minute walk to Birch Park
- 6 Fireplaces
About This Home
As of May 2023100% occupancy with most families long term tenants. Walk in as a new building owner and start making money first day. Huge 4 and 3 bedroom units offer 2030 SQ FT and 1920 SQ FT (respectively) of living space. Historic Bronzeville district is attracting families as well as investors with lots of opportunities. It is one of Chicago's most desirable and appreciating neighborhoods. Short walking distance to Marianos and restaurants, train station, close to Expressway, 10 mins South of Downtown Chicago. Big ticket capital improvements already done: New Roof end of 2020, Tuckpointing summer of 2020, New Chimney 2020, Lots of new windows 2020-2022, North tear units have brand new plumbing in kitchen (city inspected and passed), couple units have newly updated living rooms with new electrical (city inspected and passed) and new windows. New building entrance door is coming soon. Garage is rented to the neighbor for $100/month cash or zelle. Possible extra income by adding washer and dryer in the laundry area.
Last Agent to Sell the Property
USA Realty Group Inc Brokerage Email: linaconner@yahoo.com;linaconner@yahoo.com License #475152104 Listed on: 01/26/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,514
Year Built
- Built in 1884
Lot Details
- 8,100 Sq Ft Lot
- Lot Dimensions are 54 x 150
Home Design
- Flat Roof Shape
- Brick or Stone Mason
- Reflective Roof
Interior Spaces
- 15,800 Sq Ft Home
- 3-Story Property
- 6 Fireplaces
Bedrooms and Bathrooms
- 23 Bedrooms
- 12 Bathrooms
Utilities
- Window Unit Cooling System
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $471
- Fuel Expense $11,517
- Insurance Expense $6,447
- Trash Expense $3,854
- Water Sewer Expense $5,575
- Operating Expense $43,278
- Gross Income $10,700
- Net Operating Income $85,122
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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 | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2023 05/22/23 | Sold | $900,000 | -25.0% | $57 / Sq Ft | |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 01/27/2022 01/27/22 | For Sale | $1,200,000 | +75.2% | $76 / Sq Ft | |
| 05/23/2019 05/23/19 | Sold | $685,000 | 0.0% | $54 / Sq Ft | View Prior Sale |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- | |
| 05/23/2019 05/23/19 | For Sale | $685,000 | -- | $54 / 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 | $9,165 | $60,000 | $28,350 | $31,650 |
| 2024 | $9,165 | $60,000 | $28,350 | $31,650 |
| 2023 | $8,933 | $43,296 | $8,910 | $34,386 |
| 2022 | $8,933 | $43,296 | $8,910 | $34,386 |
| 2021 | $8,732 | $43,296 | $8,910 | $34,386 |
| 2020 | $10,514 | $47,199 | $8,910 | $38,289 |
| 2019 | $9,483 | $47,199 | $8,910 | $38,289 |
| 2018 | $9,323 | $47,199 | $8,910 | $38,289 |
| 2017 | $13,037 | $60,562 | $7,290 | $53,272 |
| 2016 | $11,773 | $60,562 | $7,290 | $53,272 |
| 2015 | $10,754 | $60,562 | $7,290 | $53,272 |
| 2014 | $10,896 | $60,562 | $6,075 | $54,487 |
| 2013 | $11,015 | $60,562 | $6,075 | $54,487 |
Source: Public Records
Agents Affiliated with this Home
-
Gediminas Cesevicius
-
Alisa McLaughlin
Buyer's Agent in 2023
Alisa McLaughlin
Keller Williams ONEChicago
(312) 972-9662
3 in this area
21 Total Sales
-
Jesse Trevino
Seller's Agent in 2019
Jesse Trevino
Compass
(312) 576-4696
1 in this area
116 Total Sales
-
Luminita Ispas
Buyer's Agent in 2019
Luminita Ispas
Century 21 S.G.R., Inc.
(773) 392-2906
2 in this area
151 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11312110
APN: 20033170230000
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