$400,000
SOLD APR 22, 2025
7 Beds
3 Baths
2,938 Sq Ft
1908 Built

Recently Sold

$136 Per Sq Ft

2% Below List Price

37 Days on Market

Highlights

  • Greystone Architecture
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Enclosed Patio or Porch

About This Home

As of April 2025

Welcome to 5741 S Peoria St, a remarkable Greystone multi-family property in the vibrant city of Chicago. This property boasts 7 bedrooms and 3 bathrooms, providing ample space for comfortable living. As you step inside, you'll be greeted by the elegance of high ceilings that enhance the sense of openness and grandeur throughout each unit. The charm of hardwood floors flows seamlessly from room to room, adding a touch of warmth and sophistication to the interiors. The well-designed layout ensures a natural flow, making it ideal for a variety of living arrangements or potential rental opportunities. Each unit is equipped with efficient gas heat, ensuring cozy warmth during the chilly Chicago winters. The full basement offers additional storage or creative space potential, catering to a variety of needs and preferences. Whether you're an investor seeking a promising opportunity or someone looking for a spacious residence with rental income potential, this property is a versatile gem. Its location offers easy access to the dynamic lifestyle and amenities of Chicago, ensuring a blend of convenience and urban living. Don't miss out on the chance to own this impressive multi-family property.

Last Agent to Sell the Property

Bobby Simon

Compass License #475187133 Listed on: 02/08/2025

Compass

Last Buyer's Agent

Reggie Eaton

Park Place Realty Group LLC License #475196936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1908 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 32 x 125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Greystone Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1908 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Construction Materials: Brick, Stone
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 32 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2262
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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 Prior Sale
04/22/2025 04/22/25 Sold $400,000 +0.3% $136 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/11/2025 03/11/25 Price Changed $399,000 -2.7% $136 / Sq Ft
02/08/2025 02/08/25 For Sale $410,000 +41.4% $140 / Sq Ft
04/30/2021 04/30/21 Sold $290,000 0.0% $99 / Sq Ft View Prior Sale
11/27/2020 11/27/20 For Sale $290,000 -- $99 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12286085

Midwest Real Estate Data (MRED)

APN: 20172220140000