NOT LISTED FOR SALE

5225 W Washington Blvd Chicago, IL 60644

Austin Neighborhood
45 Beds
17 Baths
-- Sq Ft
1926 Built

Last Sold November 13, 2023

Last sale price $1,900,000

15 Days on Market

About This Home

As of November 2023

Pleased to present 5223 W. Washington Blvd., Chicago, IL 60644. The 17-unit multifamily is located in Chicago's Austin neighborhood. The unit mix includes (3) four-bedroom, one bathroom units, (5) three-bedroom, one-bathroom units, and (9) two-bedroom, one-bathroom units. The property is seven (7) miles west of the Loop, with easy access to I-290 expressway. The property, which was built in 1926, provides an opportunity for an investor to buy a turn-key asset.

Last Agent to Sell the Property

Tony Hardy

Keller Williams ONEChicago License #475139834 Listed on: 08/22/2023

Keller Williams ONEChicago

Co-Listed By

Travis Montgomery

Keller Williams ONEChicago License #475184338

Last Buyer's Agent

Tony Hardy

Keller Williams ONEChicago License #475139834 Listed on: 08/22/2023

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,070

Year Built

  • Built in 1926

Bedrooms and Bathrooms

  • 45 Bedrooms
  • 17 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 52x177
  • Floor Furnace

Community Details

  • 17 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,070

Year Built

Built in 1926

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 17
  • Total Bedrooms: 45
  • Room: 0

Utilities

  • Heat/Ventilation: Individual Furnaces

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52X177

Rental Info

  • Tenant Pays: Other
  • Board Number: 8

Multi Family

  • NumberOfUnitsTotal: 17
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 13070
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $1,900,000 -11.6% --
09/08/2023 09/08/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $2,150,000 +7.5% --
08/23/2023 08/23/23 For Sale $2,000,000 -- --
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 $13,714 $137,300 $7,454 $129,846
2024 $13,714 $137,300 $7,454 $129,846
2023 $13,369 $65,001 $4,038 $60,963
2022 $13,369 $65,001 $4,038 $60,963
2021 $13,071 $65,000 $4,037 $60,963
2020 $18,516 $83,118 $4,037 $79,081
2019 $16,699 $83,118 $4,037 $79,081
2018 $2,360 $11,945 $4,037 $7,908
2017 $2,357 $10,948 $3,416 $7,532
2016 $2,193 $10,948 $3,416 $7,532
2015 $2,006 $10,948 $3,416 $7,532
2014 $2,031 $10,948 $3,416 $7,532
2013 $14,321 $78,743 $3,416 $75,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11867219

Midwest Real Estate Data (MRED)

APN: 16093240010000

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