NOT LISTED FOR SALE

5701 S Emerald Ave Chicago, IL 60621

Englewood Neighborhood
24 Beds
12 Baths
-- Sq Ft
1893 Built

Last Sold October 07, 2016

Last sale price $252,625

55 Days on Market

About This Home

As of October 2016

SPACIOUS TWELVE (12) -2) BEDROOMS APARTMENTS, FULLY RENTED, ALL UNITS HAVE BEEN UPDATED. TENANTS PAY THEIR ELECTRIC, AND HEAT.

Last Agent to Sell the Property

Yvette Crisp

Coldwell Banker Realty License #475130368 Listed on: 06/06/2016

Coldwell Banker Realty

Last Buyer's Agent

Venessa Wheeler

Solid Realty Services, Inc. License #475147882

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,290

Year Built

  • Built in 1893

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50x 124.76
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $628
  • Fuel Expense $1,885
  • Insurance Expense $3,388
  • Other Expense $550
  • Trash Expense $2,111
  • Water Sewer Expense $4,720
  • Operating Expense $19,238
  • Gross Income $87,426
  • Net Operating Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,290

Year Built

Built in 1893

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1893
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Short Sale
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 24
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Exterior Building Type: Brick

Utilities

  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 2111
  • Water Sewer Expenses: 4720

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X 124.76
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 7800
  • Fuel Expense: 1885
  • Insurance Expense: 3388
  • ElectricExpense: 628
  • GrossIncome: 87426
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 19238
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 7290
  • Tax Year: 2014
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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
10/07/2016 10/07/16 Sold $252,625 +1.1% --
07/31/2016 07/31/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $250,000 -- --
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 $13,082 $72,524 $5,000 $67,524
2024 $13,082 $72,524 $5,000 $67,524
2023 $12,753 $62,003 $5,625 $56,378
2022 $12,753 $62,003 $5,625 $56,378
2021 $12,468 $62,003 $5,625 $56,378
2020 $10,662 $47,859 $5,625 $42,234
2019 $9,615 $47,859 $5,625 $42,234
2018 $9,454 $47,859 $5,625 $42,234
2017 $10,930 $50,774 $5,156 $45,618
2016 $10,169 $50,774 $5,156 $45,618
2015 $9,304 $50,774 $5,156 $45,618
2014 $7,290 $39,291 $3,593 $35,698
2013 $7,123 $39,166 $3,593 $35,573
Source: Public Records

Agents Affiliated with this Home

  • Yvette Crisp

    Seller's Agent in 2016

    Yvette Crisp

    Coldwell Banker Realty

    (312) 671-1099

    1 in this area

    41 Total Sales

    Yvette Crisp
    Section Image
  • Venessa Wheeler

    Buyer's Agent in 2016

    Venessa Wheeler

    Solid Realty Services, Inc.

    (708) 296-1667

    9 Total Sales

    Venessa Wheeler
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09248579

Midwest Real Estate Data (MRED)

APN: 20161130010000

Illinois Cook County Chicago 60621 Englewood

5701 S Emerald Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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