NOT LISTED FOR SALE

5301 W Jackson Blvd Chicago, IL 60644

Austin Neighborhood
30 Beds
13 Baths
12,000 Sq Ft
7,619 Sq Ft Lot Lot

Sale Details

Date 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

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
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

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 $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

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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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