Sheila Kula
Coldwell Banker Realty
(224) 507-1766
31 Total Sales
1 in Chatham
$120,000 Price
541 E 80th St Chicago, IL 60619
Chatham Neighborhood
17
Beds
9
Baths
--
Sq Ft
1925
Built
About This Home
As of February 2021ROC Advisory Group - @properties Commercial is pleased to present a 3-story Corner 9-unit Apartment Building located in the Chatham neighborhood of Chicago. The asset provides an opportunity for a qualified investor to purchase a well maintained, well located property with many long-term tenants. An Investor's Dream - this Previously Class 9 Designated Property (2005-2015) is once again eligible as of 11/2019 after undergoing $111,150 (completed 11/2019) in capital improvements and code violations remediation PLUS another $45,000 updating all but one apartment (545-2). 541 E 80th consists of (8) 2beds-1bath units along with (1) 1bed-1bath unit. Eight units underwent remodeling work between tenants. The work entailed the following items: repainting, floor sanding/refinishing, new blinds, ceiling fans, cabinets, vanities, light fixtures, sinks, faucets, closet hardware and new appliances. 2.08 Debt Coverage with 25% Down presents a unique opportunity to own a fully-occupied, well maintained cash cow with current below market rents located in a stable and quiet neighborhood just 1 block south of 79th St transportation and retail hub. * Complete List of Capital Improvements including dates & costs available upon request. ** Class 9 Paperwork available upon request. Email request for Offering Memorandum.
Last Agent to Sell the Property
@properties Commercial License #475128895 Listed on: 07/07/2020
Last Buyer's Agent
Non Member
NON MEMBER
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Property Details
Home Type
- Multi-Family
Year Built
- 1925
Home Design
- Brick Exterior Construction
- Slab Foundation
Utilities
- Window Unit Cooling System
Community Details
- Fuel Expense $9,740
- Insurance Expense $3,019
- Manager Expense $4,158
Listing and Financial Details
- Tenant pays for electric
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
Jul 7, 2020
Closed on
Feb 12, 2021
Sold by
Archarium Llc
Bought by
Seller's Agent
Kevin Rocio
@properties Commercial
Buyer's Agent
Non Member
NON MEMBER
List Price
$495,000
Sold Price
$350,000
Premium/Discount to List
-$145,000
-29.29%
Purchase Details
Closed on
Jan 9, 2019
Sold by
Fratello Charles San and Fratello Julia San
Bought by
Archarium Llc
Purchase Details
Closed on
Jun 8, 2007
Sold by
Chicago Title Land Trust Co
Bought by
San Fratello Julia and San Fratello Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 27, 1997
Sold by
The Chicago Trust Company
Bought by
American National Bank and Trust #121278-09
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chatham, IL
-
Sheila Kula
-
Ruben Camacho
Ruben Camacho
Kale Realty
(844) 770-1569
114 Total Sales
1 in Chatham
$310,000 Price
-
Nekesha Burton
Nekesha Burton
Reflective Realty, Inc.
(866) 511-4404
23 Total Sales
1 in Chatham
$260,000 Price
-
Tammy Jackson
Tammy Jackson
KM Realty Group, LLC
(888) 613-3243
73 Total Sales
5 in Chatham
$75K - $230K Price Range
-
Joyce Sears
Joyce Sears
Village Realty of Indiana, Inc
(708) 350-6080
82 Total Sales
1 in Chatham
$229,900 Price
-
Hugo Araujo
Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
157 Total Sales
4 in Chatham
$140K - $210K Price Range
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 |
|---|---|---|---|
| $350,000 | Attorney | ||
| Archarium Llc | -- | None Available | |
| San Fratello Julia | $540,000 | Stewart Title Of Illinois | |
| American National Bank | $229,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $432,000 |
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 |
|---|---|---|---|---|
| 02/12/2021 02/12/21 | Sold | $350,000 | 0.0% | -- |
| 01/08/2021 01/08/21 | Pending | -- | -- | -- |
| 12/31/2020 12/31/20 | Off Market | $350,000 | -- | -- |
| 12/18/2020 12/18/20 | For Sale | $495,000 | 0.0% | -- |
| 11/10/2020 11/10/20 | For Sale | $495,000 | 0.0% | -- |
| 11/09/2020 11/09/20 | Pending | -- | -- | -- |
| 10/17/2020 10/17/20 | Pending | -- | -- | -- |
| 10/06/2020 10/06/20 | For Sale | $495,000 | 0.0% | -- |
| 10/06/2020 10/06/20 | Price Changed | $495,000 | -12.4% | -- |
| 07/26/2020 07/26/20 | Pending | -- | -- | -- |
| 07/07/2020 07/07/20 | For Sale | $565,000 | -- | -- |
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 | $11,772 | $58,595 | $8,677 | $49,918 |
| 2024 | $10,979 | $58,595 | $8,677 | $49,918 |
| 2023 | $10,702 | $52,034 | $5,038 | $46,996 |
| 2022 | $10,702 | $52,034 | $5,038 | $46,996 |
| 2021 | $7,038 | $35,000 | $5,038 | $29,962 |
| 2020 | $9,445 | $42,396 | $5,038 | $37,358 |
| 2019 | $8,518 | $42,396 | $5,038 | $37,358 |
| 2018 | $8,375 | $42,396 | $5,038 | $37,358 |
| 2017 | $10,656 | $49,500 | $4,198 | $45,302 |
| 2016 | $8,184 | $40,861 | $4,198 | $36,663 |
| 2015 | $7,488 | $40,861 | $4,198 | $36,663 |
| 2014 | $6,422 | $34,614 | $4,198 | $30,416 |
| 2013 | $6,295 | $34,614 | $4,198 | $30,416 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Rocio
Seller's Agent in 2021
Kevin Rocio
@ Properties
(312) 972-4381
1 in this area
24 Total Sales
-
Sharial Howard
Seller Co-Listing Agent in 2021
Sharial Howard
@ Properties
(217) 722-0135
89 Total Sales
-
NM
Buyer's Agent in 2021
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10773030
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.
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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