NOT LISTED FOR SALE

5225 W Washington Blvd Chicago, IL 60644

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

Sale Details

Date 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
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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

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

Closed on
Nov 25, 2025
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
$1,651,000
Outstanding Balance
$1,483,590
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Tony Hardy
Keller Williams ONEChicago
Buyer's Agent
Tony Hardy
Keller Williams ONEChicago
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2012
Sold by
Bought by

Purchase Details

Closed on
May 31, 2007
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
$656,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2004
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
$512,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 1999
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
$180,000
Interest Rate
7.61%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- First American Title
$1,900,000 None Listed On Document
$650,000 First American Title
$82,500 None Available
$65,000 Cti
-- Cti
$842,500 Multiple
$600,000 Git
$210,000 Professional National 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 $1,651,000
Previous Owner $1,520,000
Previous Owner $656,000
Previous Owner $512,000
Previous Owner $180,000
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
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

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 $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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