Seller's Agent in 2026
Quinn Evans
Essex 312, LLC
(224) 244-3098
5 Total Sales
4948 W Dickens Ave Chicago, IL 60639
Cragin Neighborhood
23
Beds
11
Baths
--
Sq Ft
6,310
Sq Ft Lot
About This Home
As of June 20214948-58 W. Dickens Ave., a well-cared-for 11-unit apartment property featuring a large corner brick building, a recently paved private parking lot, and a coach house. The Subject Property is comprised of four (4) 3 Bed/1 Bath, five (5) 2 Bed/1 Bath, and two (2) 1 Bed/1 Bath units. Unit finishes feature hardwood floors, a mix of granite and laminate countertops, stainless steel or white appliances, individually furnaced heat and window air conditioning. The property also features a common laundry room and a five (5) car private parking lot. The ideal unit mix offers meaningful rental upside in its current condition. The Belmont Cragin submarket has experienced substantial rent growth, particularly over the past five years, as the neighborhood has broadened its tenant appeal. Demand has increasingly been driven by a younger renter demographic priced out of nearby neighborhoods, alongside the long-standing working-class residents who have historically defined the community. As outlined in the rent comparables included in the offering, similar units have recently achieved rents up to approximately 15 percent above the subject property's current rent levels. ASSUMABLE DEBT AVAILABLE AT 4.38 percent MATURING 8/1/2032 Freddie Mac SBL loan serviced by Key Bank
Last Agent to Sell the Property
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
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
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 05/22/2026 05/22/26 | For Sale | $1,815,000 | +59.9% | -- |
| 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
-
Quinn Evans
-
Teresa Sabramowicz
T
Seller's Agent in 2021
Teresa Sabramowicz
Sab-Net Realty
(847) 840-5136
1 in this area
35 Total Sales
-
Z
Buyer's Agent in 2021
Zachary Rudzki
Kale Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11011828
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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