$1,325,000
SOLD JUN 30, 2025
-- Bed
-- Bath
6,075 Sq Ft
4,968 Sq Ft Lot

Recently Sold

$218 Per Sq Ft

9% Below List Price

75 Days on Market

About This Home

As of June 2025

Strong investment property with 6 large size units in highly desirable Portage Park location. Fully rented building that consists of 5 units with two bedroom & one bath, and 1 unit with one bedroom and one bath. All brick construction, recently tuckpointed, pitched style roof, newer cement parking and sidewalks. All units have great lay-outs and new kitchens and bathrooms hardwood floors sanded. Parking spaces for 4 cars or 8 tandem spots. Pride of ownership and excellent investment opportunity with great income.

Last Agent to Sell the Property

Martin Murray

Re/Max Premier License #471006713 Listed on: 03/15/2025

Re/Max Premier

Last Buyer's Agent

Sue Hall

@properties Christie's International Real Estate License #475127402

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,853

Year Built

  • Built in 1977

Lot Details

  • 4,968 Sq Ft Lot
  • Lot Dimensions are 39x125

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,075 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $4,589
  • Insurance Expense $5,501
  • Maintenance Expense $700
  • Trash Expense $3,120
  • Water Sewer Expense $3,000
  • Operating Expense $32,662
  • Gross Income $155,496
  • Net Operating Income $122,833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,853

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Frontage Type: City Street
  • List Price: 1450000
  • Roof: Composition
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Wall Sleeve, Window Unit(s)
  • Heat/Ventilation: Gas,Baseboard

Fee Information

  • Trash Expense: 3120
  • Water Sewer Expenses: 3000
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 39X125
  • Lot Size Sq Ft: 4968
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 6075

Multi Family

  • Net Operating Income: 122833
  • Fuel Expense: 4589
  • Insurance Expense: 5501
  • ElectricExpense: 900
  • GrossIncome: 155496
  • Maintenance Expense: 700
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 32662
  • Expense Year: 2024
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14853
  • Tax Year: 2023

Similar Home in Chicago, IL

  • 3322 S Parnell Ave, Chicago, IL 60616

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    • 2 Beds
    • 2 Baths
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    3328 s Parnell is an oversized Frame 2-Flat with walking distance to Guaranteed Rate Field and Armor Square Park. Each unit with 3 bedrooms and 1 bath with garage. Also the listing price include 2 vacant lots (3326 and 3322 S Parnell ) see map for details. Note: can buy the 2 units apartment separately or have to buy the 2 units apartment plus 2 vacant lots all together .

    Rowena Cheng Richland Global Inc

    Section Image

Range of Values:

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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 Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,325,000 -8.6% $218 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $1,450,000 0.0% $239 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $1,450,000 -6.5% $239 / Sq Ft
03/15/2025 03/15/25 For Sale $1,550,000 +90.2% $255 / Sq Ft
03/16/2023 03/16/23 Sold $815,000 -1.2% $134 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $825,000 -- $136 / 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: 12313086

Midwest Real Estate Data (MRED)

APN: 13171190380000