NOT LISTED FOR SALE

4948 W Dickens Ave Chicago, IL 60639

Cragin Neighborhood
23 Beds
11 Baths
-- Sq Ft
6,310 Sq Ft Lot

Sale Details

Date Sold: June 8, 2021

Last sale price $1,135,000

11 Days on Market

About This Home

As of June 2021

Extremely well managed 11 units. Tenants pay own heating. Front brick building 8 units and coach sided 3 units. Extra income from 1 1/2 car garage.All remodeled with separate F/A heating, copper plumbing, newer sewer line, newer windows and lentels, hardwood floors. All large apartments. No vacancy, good tenants rent up to date. Coin operated washer/dryer. Conveniently located. Cash flow, very good investment.

Last Agent to Sell the Property

Teresa Sabramowicz

Sab-Net Realty License #471011569 Listed on: 03/05/2021

Last Buyer's Agent

Zachary Rudzki

Kale Realty License #475185415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,332

Year Built

  • Built in 1955

Lot Details

  • 6,310 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Corner Lot

Home Design

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

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 11 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $1,210
  • Fuel Expense $1,850
  • Insurance Expense $2,712
  • Maintenance Expense $3,235
  • Trash Expense $2,796
  • Water Sewer Expense $6,030
  • Operating Expense $28,365
  • Gross Income $123,300
  • Net Operating Income $94,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,332

Year Built

Built in 1955

Lot Details

6,310 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1955
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 11
  • Total Bedrooms: 23
  • Possible Use: Multi-Family
  • Refrigerators: 11
  • Ranges: 11
  • Room: 5

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Exterior Building Type: Aluminum Siding,Brick
  • Roof Structure: Flat

Utilities

  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2796
  • Water Sewer Expenses: 6030

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X126
  • Lot Size Sq Ft: 6310
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 94935
  • Fuel Expense: 1850
  • Insurance Expense: 2712
  • ElectricExpense: 1210
  • GrossIncome: 123300
  • Maintenance Expense: 3235
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 28365
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 9332
  • Tax Year: 2019

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jun 7, 2021
Sold by
Bought by
Seller's Agent
Teresa Sabramowicz
Sab-Net Realty
Buyer's Agent
Zachary Rudzki
Kale Realty
Sold Price
$1,135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,000
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 9, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$1,135,000 Chicago Title
-- Attorney
-- Attorney
$419,000 Stewart Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,100,000
Previous Owner $908,000
Previous Owner $335,000
Source: Public Records

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
06/08/2021 06/08/21 Sold $1,135,000 -5.4% --
03/17/2021 03/17/21 For Sale -- -- --
03/16/2021 03/16/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,199,900 -- --
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 $22,115 $83,809 $11,674 $72,135
2024 $22,115 $83,809 $11,674 $72,135
2023 $21,559 $104,818 $6,238 $98,580
2022 $21,559 $104,818 $6,238 $98,580
2021 $21,078 $104,817 $6,237 $98,580
2020 $10,347 $46,447 $11,357 $35,090
2019 $9,332 $46,447 $11,357 $35,090
2018 $8,209 $41,559 $11,357 $30,202
2017 $9,184 $42,663 $9,938 $32,725
2016 $8,545 $42,663 $9,938 $32,725
2015 $7,499 $40,922 $9,938 $30,984
2014 $5,530 $29,804 $9,938 $19,866
2013 $6,370 $35,024 $9,938 $25,086
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Teresa Sabramowicz

    Sab-Net Realty

    (847) 840-5136

    1 in this area

    36 Total Sales

    Teresa Sabramowicz
    Section Image

  • Z

    Buyer's Agent in 2021

    Zachary Rudzki

    Kale Realty

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11011828

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60639 Cragin

4948 W Dickens Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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