NOT LISTED FOR SALE

501 E 87th St Chicago, IL 60619

Chatham Neighborhood
14 Beds
7 Baths
-- Sq Ft
1964 Built

Sale Details

Date Sold: February 25, 2019

Last sale price $369,900 $0 Per Sq Ft

8 Days on Market

About This Home

As of February 2019

GREAT INVESTMENT OPPORTUNITY IN CHATHAM. BEAUTIFUL MODERN 6-UNIT BUILDING WITH 6 TWO BEDROOM UNITS. BUILDING IN EXCELLENT CONDITION, TRULY A TURN KEY PROPERTY. LAUNDRY FACILITIES, PARKING, CLOSE TO SHOPPING, TRANSPORTATION AND EXPRESSWAYS. A MUST SEE PROPERTY.

Last Agent to Sell the Property

Ron Miller

Ron Miller & Associates, Inc. License #471002629 Listed on: 06/04/2018

Last Buyer's Agent

Christopher Adrian

BS Realty Services LLC License #475156700

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $4,046
  • Insurance Expense $3,021

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1964

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 47772
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 4850
  • Scavenger Expense: 734
  • Total Annual Exp: 23244
  • Total Annual Income: 71016
  • Total Monthly Income: 5918
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1964
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1964

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Central Bldg Heat, Gas, Baseboard
  • Water Expense: 1088

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 769
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 25032010520000

Rental Info

  • Gross Rental Income: 71016
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 4046
  • Insurance Expense: 3021
  • Other Expenses: 3676
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 4210
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

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
02/25/2019 02/25/19 Sold $369,900 0.0% --
06/12/2018 06/12/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $369,900 -- --
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 $5,136 $31,001 $4,688 $26,313
2024 $5,136 $31,001 $4,688 $26,313
2023 $5,007 $24,342 $7,813 $16,529
2022 $5,007 $24,342 $7,813 $16,529
2021 $4,895 $24,341 $7,812 $16,529
2020 $3,127 $14,035 $5,625 $8,410
2019 $3,204 $15,949 $5,625 $10,324
2018 $3,150 $15,949 $5,625 $10,324
2017 $4,525 $21,018 $5,000 $16,018
2016 $4,210 $21,018 $5,000 $16,018
2015 $3,851 $21,018 $5,000 $16,018
2014 $3,696 $19,923 $4,375 $15,548
2013 $3,623 $19,923 $4,375 $15,548
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ron Miller

    Ron Miller & Associates, Inc.

    (773) 426-7409

    20 Total Sales

    Ron Miller
    Section Image
  • Christopher Adrian

    Buyer's Agent in 2019

    Christopher Adrian

    BS Realty Services LLC

    (773) 398-6900

    14 Total Sales

    Christopher Adrian
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09972671

Midwest Real Estate Data (MRED)

APN: 25032010520000

Illinois Cook County Chicago 60619 Chatham

501 E 87th St, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.