Seller's Agent in 2023
Jonie Montalbano
@ Properties
(773) 842-2753
3 in this area
42 Total Sales
4934 W Jackson Blvd Chicago, IL 60644
Austin Neighborhood
72
Beds
36
Baths
11,040
Sq Ft
6,250
Sq Ft Lot
Highlights
- Property is near public transit
- Laundry Room
- Central Heating and Cooling System
- 6 Fireplaces
- Storage Room
- 4-minute walk to Moore Park
About This Home
As of September 2023High Cap Rate of 9.3%!!! NEWLY renovated Apartment building! Completely Gut rehabbed! SEPARATE UTILITIES throughout. All units have NEW Individual Forced Air heating systems equipped with A coils for Central AC ready! New Porches, Newly Insulated enclosed porch areas for additional space in all units. New LP Siding, Commercial Oversized Gutters & Downspouts. New Electric wiring throughout, New Plumbing Throughout, New Drywall, insulation, All Kitchens, All Bathrooms, New hardwood Flooring throughout, Appliances throughout, Laundry for additional income. Newer:Windows, Roof, Tuck-pointing! POTENTIAL 4+ Car Brick Garage with brand new footings, roof and supports! 6 UNITS PLUS +1 non-conforming Garden unit for additional income. Great Investment! Close to all transportation. Right between Beautiful Down Town Chicago & Trendy Oak Park! Easy to Rent!!
Last Agent to Sell the Property
@properties Christie?s International Real Estate License #471016795 Listed on: 05/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,279
Year Built
- Built in 1916
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x125
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 11,040 Sq Ft Home
- 3-Story Property
- 6 Fireplaces
- Storage Room
- Laundry Room
Unfinished Basement
- Exterior Basement Entry
- Sub-Basement
- Basement Storage
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Partial Air Conditioning Available
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $781
- Fuel Expense $1,800
- Insurance Expense $4,636
- Maintenance Expense $1,750
- Manager Expense $5,023
- Other Expense $1,200
- Trash Expense $2,603
- Water Sewer Expense $4,407
- Operating Expense $26,270
- Gross Income $111,060
- Net Operating Income $84,790
Create a Home Valuation Report for This Property
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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 |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $830,000 | +0.6% | $75 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 05/18/2023 05/18/23 | For Sale | $825,000 | -- | $75 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $4,490 | $57,966 | $7,500 | $50,466 |
| 2024 | $4,490 | $57,966 | $7,500 | $50,466 |
| 2023 | $4,377 | $21,281 | $5,938 | $15,343 |
| 2022 | $4,377 | $21,281 | $5,938 | $15,343 |
| 2021 | $4,279 | $21,280 | $5,937 | $15,343 |
| 2020 | $4,526 | $20,319 | $5,312 | $15,007 |
| 2019 | $4,639 | $23,090 | $5,312 | $17,778 |
| 2018 | $4,561 | $23,090 | $5,312 | $17,778 |
| 2017 | $4,298 | $23,343 | $4,687 | $18,656 |
| 2016 | $4,175 | $23,343 | $4,687 | $18,656 |
| 2015 | $3,797 | $23,343 | $4,687 | $18,656 |
| 2014 | $3,921 | $23,699 | $4,375 | $19,324 |
| 2013 | $3,832 | $23,699 | $4,375 | $19,324 |
Source: Public Records
Agents Affiliated with this Home
-
Jonie Montalbano
-
Lawrence Dunning
Buyer's Agent in 2023
Lawrence Dunning
Fulton Grace
(312) 286-0427
6 in this area
219 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11786397
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