NOT LISTED FOR SALE

4735 S Saint Lawrence Ave Chicago, IL 60615

Grand Boulevard Neighborhood
20 Beds
7 Baths
-- Sq Ft
1950 Built

Last Sold February 25, 2016

Last sale price $440,000

40 Days on Market

About This Home

As of February 2016

HOT BRONZEVILLE 7 UNIT. THERE ARE 6 APARTMENTS WITH 3 BEDROOMS ONE BATH IN GOOD CONDITION. THERE IS AN ADDITIONAL UNIT BELOW GRADE THAT NEEDS REHAB. THIS IS AN EXCELLENT INVESTMENT WITH ALL CHAC SUBSIDIZED TENANTS AND AN OPPORTUNITY TO INCREASE RENTAL INCOME WITH MTM TENANTS. CURRENT MONTHLY INCOME WITH 6 UNITS RENTED IS $6,960. WITH GARDEN UNIT REHABBED BY NEW OWNER THERE WILL BE POTENTIAL OF $900.00 ADDITIONAL MOTHLY INCOME.

Last Agent to Sell the Property

Michael Tolliver

Atlas Asset Management Realty LLC License #471012301 Listed on: 09/11/2015

Last Buyer's Agent

Michael Tolliver

Atlas Asset Management Realty LLC License #471012301 Listed on: 09/11/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $9,746
  • Insurance Expense $3,227

Listing and Financial Details

  • Tenant pays for electric
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: General Partnership
  • Potential Use: Condominium
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 61627
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Fiberglass
  • Roof Structure: Flat
  • Scavenger Expense: 1286
  • Total Annual Exp: 21893
  • Total Annual Income: 83520
  • Total Monthly Income: 6960
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1950
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1950

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat, Steam
  • Water Expense: 1817

Condo/Co-op/Association

  • Units in Building: 7

Fee Information

  • Electricity Expense: 416
  • Electrical Service: Circuit Breakers, 101-200 Amps

Lot Info

  • Lot Dimensions: 50 * 150
  • Land Amenities: Cable Ready
  • Parcel Identification Number: 20102030140000

Rental Info

  • Gross Rental Income: 83520
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 9746
  • Insurance Expense: 3227

Tax Info

  • Taxes: 3456

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
02/25/2016 02/25/16 Sold $440,000 -10.2% --
10/21/2015 10/21/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $490,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09036930

Midwest Real Estate Data (MRED)

APN: 20102030140000