Seller's Agent in 2025
Maria Castillo
RE/MAX
(773) 251-0325
9 in this area
268 Total Sales
4801 S Archer Ave Chicago, IL 60632
Archer Heights Neighborhood
2
Beds
1
Bath
500
Sq Ft
1971
Built
About This Home
As of January 2025Welcome to a prime investment opportunity! This newer brick 12-unit apartment building boasts a smart mix of 10 spacious 2-bedroom units and 2 cozy 1-bedroom units, ensuring a steady cash flow. Situated in a desirable location, tenants enjoy modern living with balconies. Recent upgrades including a newer boiler and carpet ensure low maintenance costs. Whether you're a seasoned investor or a newcomer to real estate, this property promises excellent returns and long-term value. Act fast - opportunities like this don't last long!
Last Agent to Sell the Property
RE/MAX Mi Casa License #475122116 Listed on: 05/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,054
Year Built
- Built in 1971
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
Lot Details
- Lot Dimensions are 51x128
- Additional Parcels
Utilities
- Window Unit Cooling System
- Central Heating
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $769
- Fuel Expense $7,829
- Insurance Expense $3,723
- Trash Expense $1,891
- Water Sewer Expense $4,207
- Operating Expense $40,637
- Gross Income $137,406
- Net Operating Income $96,548
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $1,200,000 | -7.3% | $2,400 / Sq Ft | |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- | |
| 09/12/2024 09/12/24 | For Sale | $1,295,000 | 0.0% | $2,590 / Sq Ft | |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- | |
| 07/24/2024 07/24/24 | Price Changed | $1,295,000 | -0.4% | $2,590 / Sq Ft | |
| 05/15/2024 05/15/24 | For Sale | $1,300,000 | +83.1% | $2,600 / Sq Ft | |
| 08/29/2014 08/29/14 | Sold | $710,000 | -9.0% | -- | View Prior Sale |
| 07/09/2014 07/09/14 | Pending | -- | -- | -- | |
| 04/11/2014 04/11/14 | For Sale | $779,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,619 | $29,574 | $3,906 | $25,668 |
| 2024 | $7,619 | $29,574 | $3,906 | $25,668 |
| 2023 | $7,409 | $31,081 | $4,453 | $26,628 |
| 2022 | $7,409 | $31,081 | $4,453 | $26,628 |
| 2021 | $7,234 | $31,080 | $4,453 | $26,627 |
| 2020 | $5,767 | $22,187 | $4,453 | $17,734 |
| 2019 | $5,210 | $22,187 | $4,453 | $17,734 |
| 2018 | $5,154 | $22,187 | $4,453 | $17,734 |
| 2017 | $5,363 | $21,089 | $4,062 | $17,027 |
| 2016 | $5,023 | $21,089 | $4,062 | $17,027 |
| 2015 | $4,661 | $21,089 | $4,062 | $17,027 |
| 2014 | $3,482 | $15,530 | $4,062 | $11,468 |
| 2013 | $3,419 | $15,530 | $4,062 | $11,468 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Castillo
-
Yolanda Granat
Buyer's Agent in 2025
Yolanda Granat
Chicagoland Brokers, Inc
(773) 788-9999
3 in this area
13 Total Sales
-
Mark Nowak
M
Seller's Agent in 2014
Mark Nowak
Nowak Realty
(773) 505-7856
2 in this area
59 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12057261
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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