Seller's Agent in 2021
Ashley Carter
Keller Williams ONEChicago
(773) 551-8808
1 in this area
103 Total Sales
6100 W Miami Ave Chicago, IL 60646
Norwood Park Neighborhood
8
Beds
5
Baths
3,909
Sq Ft
1959
Built
Highlights
- Water Views
- Corner Lot
- Central Heating
- Property is near public transit
- Storage Room
- 3-minute walk to Indian Road Park
About This Home
As of July 2021Norwood Park Brick 5-unit building now available. This well-maintained property features: Three 2 bedroom/1 bath units and Two 1 bedroom/1 bath units. Building is in good condition, new items include rear porches & water heater (both in 2018). Other major components previously updated include roof (9 yrs), boiler (11 yrs), tuckpointing (14 yrs), vinyl windows, as well as kitchen cabs updated as-needed within the last 5-10 yrs. Leases on 4/5 units, 1 unit MTM. Upside opportunity to raise rents at lease renewal. Projected rents of $5,700/mo would deliver 6.3% CAP (current $5,100/mo). Easy to manage building ideal for local self-managed owner. Coin laundry and separate tenant storage in basement. Great opportunity to buy in a rock-solid Northwest side location. Schedule your appt today! SEE INCOME & EXPENSED IN ADD'L INFO TAB.
Last Agent to Sell the Property
Keller Williams ONEChicago License #471002063 Listed on: 04/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,266
Year Built
- Built in 1959
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Storage Room
- Water Views
- Unfinished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Lot Details
- Lot Dimensions are 94x122x155
- Corner Lot
- Additional Parcels
Location
- Property is near public transit
Utilities
- No Cooling
- Central Heating
- Hot Water Heating System
- 200+ Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $180
- Fuel Expense $3,720
- Insurance Expense $3,000
- Maintenance Expense $2,400
- Trash Expense $1,320
- Water Sewer Expense $3,900
- Operating Expense $25,786
- Gross Income $61,200
- Net Operating Income $35,414
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2021 07/21/21 | Sold | $650,000 | -3.7% | $166 / Sq Ft | |
| 05/14/2021 05/14/21 | For Sale | -- | -- | -- | |
| 05/13/2021 05/13/21 | Pending | -- | -- | -- | |
| 04/22/2021 04/22/21 | For Sale | $675,000 | +3.8% | $173 / Sq Ft | |
| 11/20/2019 11/20/19 | Sold | $650,000 | -7.1% | -- | View Prior Sale |
| 10/10/2019 10/10/19 | Pending | -- | -- | -- | |
| 06/24/2019 06/24/19 | For Sale | $700,000 | -- | -- |
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 | $7,679 | $39,898 | $10,732 | $29,166 |
| 2024 | $7,679 | $39,898 | $10,732 | $29,166 |
| 2023 | $7,486 | $36,377 | $7,114 | $29,263 |
| 2022 | $7,486 | $36,377 | $7,114 | $29,263 |
| 2021 | $7,319 | $36,376 | $7,114 | $29,262 |
| 2020 | $6,498 | $29,154 | $5,539 | $23,615 |
| 2019 | $5,744 | $30,286 | $5,539 | $24,747 |
| 2018 | $5,647 | $30,286 | $5,539 | $24,747 |
| 2017 | $5,443 | $26,957 | $4,846 | $22,111 |
| 2016 | $5,152 | $26,957 | $4,846 | $22,111 |
| 2015 | $4,726 | $27,089 | $4,846 | $22,243 |
| 2014 | $4,499 | $25,513 | $4,154 | $21,359 |
| 2013 | $4,404 | $25,513 | $4,154 | $21,359 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Carter
-
Frank Rodriguez
Seller Co-Listing Agent in 2021
Frank Rodriguez
Keller Williams ONEChicago
(630) 364-8184
1 in this area
57 Total Sales
-
Marcia Mack
Buyer's Agent in 2021
Marcia Mack
Baird Warner
(847) 778-0044
1 in this area
73 Total Sales
-
Nicole Hurt
Buyer's Agent in 2019
Nicole Hurt
@ Properties
(630) 802-4878
45 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11062328
APN: 13051260220000
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Based on information submitted to the MLS GRID
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