NOT LISTED FOR SALE

5301 W Jackson Blvd Chicago, IL 60644

Austin Neighborhood
30 Beds
13 Baths
12,000 Sq Ft
7,405 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $845,000 $70 Per Sq Ft

Highlights

  • 0.17 Acre Lot
  • Corner Lot
  • Forced Air Heating System
  • Property is near public transit

About This Home

As of August 2019

* South Austin Neighborhood! Legal 12 Unit + 1 Apartment Building! Lot consists of 2 - 2 1/2 Story Corner Brick Buildings with open wood porches! Both buildings have front and rear exits! * There are 13 Units in total consisting of 7 - 2 Bedrooms/1 Bathroom Apartments, 5 - 3 Bedroom / 1 Bathroom Apartments & 1 - 1 Bedroom / 1 Bathroom Apartment! * Street Parking Only! Landlord pays water and garbage! * All Apartments have Central Heating Furnace but no A/C! * All gas and electric utilities are separated! * Most units have Large Formal Living Rooms & Dining Rooms! * 2013 New Hall Carpets! * 2013 Brick Tuckpointing! * 2004 Windows, Hallways, Kitchen & Bathrooms! * Refinished wood floors! * 2007 1 - 75 Gallon & 2 - 50 Gallon Hot water tanks! * 2015 Water flow valve! * July 2015 Jackson Roof & June 2006 Lockwood Roof! * 2005 Copper Plumbing! * 2005 Central Heating Systems! * 2005 1200 AMP & 400 AMP Electrical Service! * Building Laundry hookups but no laundry machines

Last Agent to Sell the Property

Victor Lopez

Coldwell Banker Realty License #475160647 Listed on: 07/25/2019

Coldwell Banker Realty

Last Buyer's Agent

Travis Rotheiser

HomeSmart Connect LLC License #475181356

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,919

Year Built

  • Built in 1920

Lot Details

  • 7,619 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 12,000 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 13 Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units

Building Details

  • Electric Expense $1,462
  • Fuel Expense $2,607
  • Insurance Expense $6,527
  • Maintenance Expense $4,254
  • Other Expense $6,228
  • Trash Expense $2,935
  • Water Sewer Expense $9,469
  • Operating Expense $43,621
  • Gross Income $129,048
  • Net Operating Income $85,427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,919

Year Built

Built in 1920

Lot Details

7,619 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 30
  • Basement Description: Finished,Partially Finished
  • Fireplaces: 0
  • Dishwashers: 0
  • Refrigerators: 12
  • Ranges: 12
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar, Stone
  • Roof Structure: Flat

Utilities

  • Cooling: None
  • Utilities: Water-Municipal
  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: No

Fee Information

  • Association Fee Includes: Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Trash Expense: 2935
  • Water Sewer Expenses: 9469

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 7564
  • Lot Size Sq Ft: 7619
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 12000

Multi Family

  • Net Operating Income: 85427
  • Fuel Expense: 2607
  • Insurance Expense: 6527
  • ElectricExpense: 1462
  • GrossIncome: 129048
  • Maintenance Expense: 4254
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 43621
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9919
  • Tax Year: 2017
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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
08/30/2019 08/30/19 Sold $845,000 -3.4% $70 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $875,000 -- $73 / 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 $10,418 $58,300 $12,102 $46,198
2024 $10,418 $58,300 $12,102 $46,198
2023 $10,156 $49,376 $7,942 $41,434
2022 $10,156 $49,376 $7,942 $41,434
2021 $9,929 $49,375 $7,942 $41,433
2020 $10,064 $45,175 $7,942 $37,233
2019 $9,076 $45,175 $7,942 $37,233
2018 $8,924 $45,175 $7,942 $37,233
2017 $9,017 $41,889 $6,240 $35,649
2016 $8,390 $41,889 $6,240 $35,649
2015 $7,676 $41,889 $6,240 $35,649
2014 $7,772 $41,889 $6,240 $35,649
2013 $7,619 $41,889 $6,240 $35,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10462877

Midwest Real Estate Data (MRED)

APN: 16161130280000

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