NOT LISTED FOR SALE

5241 S Kenneth Ave Chicago, IL 60632

Archer Heights Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: May 3, 2024

Last sale price $450,000

4 Days on Market

About This Home

As of May 2024

Three unit building in a great quiet area. Features newer windows and doors, big open partially finished basement waiting for your creative ideas. Two car garage, hardwood floors, central air. LOCATION LOCATION LOCATION !!! Close to everything, transportation, restaurants shops etc. Perfect for the savvy investor or even first-time buyer who wants to live in one unit and let the tenants pay their mortgage!!! Show and sell this one will not last long!!

Last Agent to Sell the Property

Armando Vargas

Berkshire Hathaway HomeServices Chicago License #475150213 Listed on: 02/27/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Anna Magana

eXp Realty License #475180322

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,096

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,096

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 3096
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

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
Feb 27, 2024
Closed on
Apr 21, 2024
Sold by
Bought by
Seller's Agent
Armando Vargas
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Anna Magana
eXp Realty
List Price
$429,900
Sold Price
$450,000
Premium/Discount to List
$20,100
4.68%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
0.0725%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2021
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
0.0312%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2005
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
$236,000
Interest Rate
0.0575%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$450,000 Old Republic Title
-- National Title Solutions Inc
-- Old Republic Title
$400,000 Pntn
$155,000 --
-- --
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 $427,500
Previous Owner $180,000
Previous Owner $236,000
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
05/03/2024 05/03/24 Sold $450,000 +4.7% --
03/03/2024 03/03/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $429,900 -- --
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 $5,940 $35,000 $3,024 $31,976
2024 $5,940 $35,000 $3,024 $31,976
2023 $5,792 $28,000 $3,780 $24,220
2022 $5,792 $28,000 $3,780 $24,220
2021 $5,631 $28,000 $3,780 $24,220
2020 $4,584 $20,443 $3,780 $16,663
2019 $4,806 $23,771 $3,780 $19,991
2018 $4,726 $23,771 $3,780 $19,991
2017 $4,120 $19,011 $3,402 $15,609
2016 $4,748 $23,551 $3,402 $20,149
2015 $4,347 $23,551 $3,402 $20,149
2014 $4,215 $22,543 $3,213 $19,330
2013 $4,133 $22,543 $3,213 $19,330
Source: Public Records

Agents Affiliated with this Home

  • Armando Vargas

    Seller's Agent in 2024

    Armando Vargas

    Berkshire Hathaway HomeServices Chicago

    (312) 437-0993

    5 in this area

    120 Total Sales

    Armando Vargas
    Section Image

  • A

    Buyer's Agent in 2024

    Anna Magana

    eXp Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11987659

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60632 Archer Heights

5241 S Kenneth Ave, 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

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