Seller's Agent in 2024
Agnes Czaja
RE/MAX 10
(773) 704-3700
4 in this area
183 Total Sales
5213 S Archer Ave Chicago, IL 60632
Archer Heights Neighborhood
15
Beds
10
Baths
7,200
Sq Ft
6,250
Sq Ft Lot
About This Home
As of May 2024Amazing location and incredible visibility right on ARCHER AVE in an excellent business corridor. An opportunity doesn't come by like this too often for an owner or investor. 12-UNIT BUILDING - Zoned B-3: General Commercial/ 2 storefronts on the first floor and (10 apartment units) residential on the second/third floor. In addition to commercial uses, a range of personal service establishments and business service uses, office uses, Retail establishments, General office or Government Offices, Business Services, Personal Service establishments, and more available uses are possible. The building features newer windows (less than 5 years old), a newer roof, and newer doors. THINK OUTSIDE OF THE BOX--ENDLESS OPPORTUNITIES! COME AND SEE! This is your chance! This mixed-use building is ready for a savvy investor to turn it into a real money maker! Please do not disturb tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,263
Year Built
- Built in 1972
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x125
- Additional Parcels
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 7,200 Sq Ft Home
- 3-Story Property
- Fire Suppression System
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Utilities
- Window Unit Cooling System
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 12 Units
Building Details
- Insurance Expense $4,000
- Trash Expense $2,000
- Water Sewer Expense $3,000
- Operating Expense $24,563
- Gross Income $10,625
- Net Operating Income $102,937
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2024
Closed on
May 16, 2024
Sold by
Platos Ted
Bought by
Granat Susan
Seller's Agent
Agnes Czaja
RE/MAX 10
Buyer's Agent
Yolanda Granat
Chicagoland Brokers, Inc
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$664,260
Interest Rate
9.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 1999
Sold by
Archer Bank
Bought by
Platos Ted
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Granat Susan | $1,175,000 | Chicago Title | |
| Platos Ted | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Granat Susan | $675,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $1,175,000 | -9.3% | $163 / Sq Ft |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | For Sale | $1,295,000 | -- | $180 / 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 | $7,316 | $41,550 | $4,688 | $36,862 |
| 2024 | $7,316 | $41,550 | $4,688 | $36,862 |
| 2023 | $7,132 | $34,675 | $4,453 | $30,222 |
| 2022 | $7,132 | $34,675 | $4,453 | $30,222 |
| 2021 | $6,973 | $34,674 | $4,453 | $30,221 |
| 2020 | $8,989 | $40,350 | $4,453 | $35,897 |
| 2019 | $8,107 | $40,350 | $4,453 | $35,897 |
| 2018 | $7,971 | $40,350 | $4,453 | $35,897 |
| 2017 | $7,915 | $36,770 | $4,062 | $32,708 |
| 2016 | $7,365 | $36,770 | $4,062 | $32,708 |
| 2015 | $6,738 | $36,770 | $4,062 | $32,708 |
| 2014 | $6,407 | $34,532 | $4,062 | $30,470 |
| 2013 | $6,281 | $34,532 | $4,062 | $30,470 |
Source: Public Records
Agents Affiliated with this Home
-
Agnes Czaja
-
Yolanda Granat
Buyer's Agent in 2024
Yolanda Granat
Chicagoland Brokers, Inc
(773) 788-9999
3 in this area
13 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12018174
APN: 19-10-308-003-0000
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