$775,000
PENDING

Estimated payment $4,950/month

Total Views 1,498
-- Bed
-- Bath
8,262 Sq Ft
$94 Price per Sq Ft

About This Home

Don't miss out on a great investment opportunity. Each unit in this six unit building features two-bedroom two bath condo style apartment with an unfinshed wide open basement that has infinite possibilities. Located in the Epicenter of Bronzeville which is a vibrant neighborhood in Chicago that has been experiencing significant growth and development in recent years, making it an exciting place to invest. Schedule your private showing today. This will not last long! Property being Sold AS-IS.

Listing Agent

Elijah Reese

Serene Realty, Inc. License #471019825 Listed on: 03/07/2025

Co-Listing Agent

Vadie Reese

Serene Realty, Inc. License #475155216

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,478

Year Built

  • Built in 1895

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,262 Sq Ft Home
  • 3-Story Property

Additional Features

  • 6,500 Sq Ft Lot
  • Heating System Uses Gas

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $608
  • Insurance Expense $4,238
  • Other Expense $980
  • Trash Expense $1,921
  • Water Sewer Expense $4,105
  • Operating Expense $13,604
  • Gross Income $85,164
  • Net Operating Income $71,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,478

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Number of Washers: 0
  • Room: 6
  • Room: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 775000
  • Roof: Rubber
  • Roof Structure: Flat
  • Misc Outside: Security Gate

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1921
  • Water Sewer Expenses: 4105
  • Janitor Expense: 2360

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6500
  • Lot Size Sq Ft: 6500
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 8262

Multi Family

  • Net Operating Income: 71560
  • Insurance Expense: 4238
  • ElectricExpense: 608
  • GrossIncome: 85164
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13604
  • Expense Year: 2023
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8478
  • Tax Year: 2022

Map

Range of Values:

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Average Value
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List Price
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 Change Sq Ft Price
03/29/2025 03/29/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $775,000 -- $94 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12307123

Midwest Real Estate Data (MRED)

APN: 20033220200000