NOT LISTED FOR SALE
28 Beds
16 Baths
9,963 Sq Ft
3,321 Sq Ft Lot Lot

Sale Details

Date Sold: September 13, 2023

Last sale price $685,000 $69 Per Sq Ft

17 Days on Market

About This Home

As of September 2023

6015 S. Normal is an 8-unit apartment building located in Chicago's up & coming East Englewood neighborhood. This asset has an in-place cap rate of 9%, is composed of 8 HUGE apartments (4 x 3/2s & 4 x 3/2s) and has plenty of rental upside. Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4 minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Eisenhower Expressway is a 4-minute drive due South. 20th Ward Alderman Jeanette Taylor runs the show. Information deemed reliable, but not guaranteed. Use diligence. Please note: The asset is being sold as part of a larger 6 building 56-unit package. Please check under the Additional Information tab. PROPERTIES ARE AVAILABLE INDIVIDUALLY!

Last Agent to Sell the Property

Scott Siegel

Chicago Real Estate Authority License #471011328 Listed on: 07/07/2023

Last Buyer's Agent

Shana Hinton

ERA Partners License #475198619

ERA Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,791

Year Built

  • Built in 1920

Lot Details

  • 3,321 Sq Ft Lot
  • Lot Dimensions are 27 x 123

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 9,963 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 16 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $3,443
  • Trash Expense $1,400
  • Water Sewer Expense $4,500
  • Operating Expense $15,898
  • Gross Income $79,200
  • Net Operating Income $55,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,791

Year Built

Built in 1920

Lot Details

3,321 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 16
  • Total Bedrooms: 28
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 1400
  • Water Sewer Expenses: 4500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 27 X 123
  • Lot Size Sq Ft: 3321
  • Zoning: OTHER

Rental Info

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

Building Info

  • BuildingAreaTotal: 9963

Multi Family

  • Net Operating Income: 55382
  • Insurance Expense: 3443
  • ElectricExpense: 1200
  • GrossIncome: 79200
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 15898
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 1791
  • Tax Year: 2021
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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
09/13/2023 09/13/23 Sold $685,000 -2.1% $69 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $699,900 -- $70 / 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 $9,115 $51,100 $3,168 $47,932
2024 $9,115 $51,100 $3,168 $47,932
2023 $8,886 $43,203 $2,475 $40,728
2022 $8,886 $43,203 $2,475 $40,728
2021 $8,688 $43,202 $2,475 $40,727
2020 $4,103 $18,419 $2,475 $15,944
2019 $3,701 $18,419 $2,475 $15,944
2018 $2,873 $14,542 $2,475 $12,067
2017 $1,979 $9,192 $2,277 $6,915
2016 $4,784 $23,886 $2,277 $21,609
2015 $4,195 $22,890 $2,277 $20,613
2014 $1,749 $9,424 $2,277 $7,147
2013 $1,714 $9,424 $2,277 $7,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11825221

Midwest Real Estate Data (MRED)
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