NOT LISTED FOR SALE

4931 W Henderson St Chicago, IL 60641

Cragin Neighborhood
7 Beds
4 Baths
1,012 Sq Ft
3,920 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $500,000 $494 Per Sq Ft

5 Days on Market

Highlights

  • American Four Square Architecture
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Lower Floor Utility Room
  • Ceiling Fan

About This Home

As of August 2024

Welcome to this prime investment opportunity in the heart of Chicago! This unique 3-unit building features a non-conforming garden basement unit and an additional coach house, providing a total of four streams of rental income. Perfect for the savvy investor or an owner-occupant looking to offset their mortgage with rental income. **Key Features:** - **Four Rental Units:** Three main units plus a garden basement unit and a coach house. - **Revenue Generating:** Currently all leases are month-to-month, offering immediate potential to increase rents to market value. - **Tenant-Paid Utilities:** Each tenant is responsible for their own utilities, maximizing your net income. - **Prime Location:** Situated in a desirable area with high demand. - **Potential for Upgrades:** The property requires TLC and upgrades, providing an excellent opportunity to add value and increase your returns. Priced to sell, this property won't last long on the market. Whether you're looking to expand your investment portfolio or find a new home with rental income potential, 4931 W Henderson offers endless possibilities. Don't miss out on this rare find-schedule a showing today! Extra $income in garden inquire within reason of Landlord Law

Last Agent to Sell the Property

Esmeralda Gil

WE Realty License #471022553 Listed on: 07/16/2024

Co-Listed By

Yanis Lebron

WE Realty License #475167744

Last Buyer's Agent

Colleen Colombo

Keep It Realty, Ltd License #471002445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,496

Lot Details

  • 3,920

Home Design

  • American Four Square Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 30 x 125

Community Details

  • 3 Units
  • 2 Flat And Coach House

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,496

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 525000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10495.78
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,2 Story Unit/s,Coach House

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

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $500,000 -4.8% $494 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $525,000 -- $519 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12111889

Midwest Real Estate Data (MRED)

APN: 13-21-414-010