Seller's Agent in 2022
Danny Ross
The McDonald Group
(708) 774-9087
2 in this area
89 Total Sales
6402 S Whipple St Chicago, IL 60629
Marquette Park Neighborhood
15
Beds
10
Baths
--
Sq Ft
1924
Built
About This Home
As of January 2022Welcome to this Real Gem of a building in Marquette Park. This 10 unit, red brick building on the corner lot, is what you've been waiting for, this building features 5 updated 2 bedroom apts and 5 one bedroom apts, the 2 bedroom apts have gorgeous hardwood living rooms, and the one bedroom apts have gorgeous hardwork living and "dining rooms", all 10 units have furnaces, the tenants pay their own heat and electric in this money maker, one unit has central air, there is also the potential for an 11th unit, a 2 bedroom unit is framed out in the basement and ready for your finishing touches. The building has two 75 gallon water tanks, new electrical breaker panel for all apts with new timer for all building lights, new aluminum windows installed in 2015, solid flat roof is in good condition. Exterior lighting installed throughout the building, plus 6 security cameras which cover the entire perimeter of the building with computer monitor in a private basement area. Security doors installed on all apartments, talk/buzz intercom system, master key system, new mailbox system for postman for indoor access, all hallways updated with new carper installed, enjoy extra income from the 2 coin operated washer and dryers, the owner of this building has pride of ownership, its well maintained with plenty of long term tenants, schedule your private showing, and rake in the cash...
Last Agent to Sell the Property
HomeSmart Connect LLC License #475102241 Listed on: 11/15/2021
Co-Listed By
Paul Quinones
HomeSmart Connect LLC License #475155808
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,994
Year Built
- Built in 1924
Interior Spaces
- 3-Story Property
- Fire and Smoke Detector
- Partially Finished Basement
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Lot Details
- Lot Dimensions are 50x125
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $300
- Fuel Expense $3,420
- Insurance Expense $3,288
- Trash Expense $2,340
- Water Sewer Expense $3,600
- Operating Expense $23,952
- Gross Income $114,600
- Net Operating Income $96,048
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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 |
|---|---|---|---|---|
| 01/28/2022 01/28/22 | Sold | $690,000 | 0.0% | -- |
| 12/16/2021 12/16/21 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $690,000 | -- | -- |
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 | $16,536 | $79,000 | $7,875 | $71,125 |
| 2024 | $16,536 | $69,000 | $7,875 | $61,125 |
| 2023 | $16,120 | $78,375 | $6,750 | $71,625 |
| 2022 | $16,120 | $78,375 | $6,750 | $71,625 |
| 2021 | $15,761 | $78,375 | $6,750 | $71,625 |
| 2020 | $10,995 | $49,356 | $6,750 | $42,606 |
| 2019 | $9,916 | $49,356 | $6,750 | $42,606 |
| 2018 | $9,749 | $49,356 | $6,750 | $42,606 |
| 2017 | $10,157 | $47,184 | $6,187 | $40,997 |
| 2016 | $9,450 | $47,184 | $6,187 | $40,997 |
| 2015 | $8,646 | $47,184 | $6,187 | $40,997 |
| 2014 | $8,754 | $47,184 | $6,187 | $40,997 |
| 2013 | $8,582 | $47,184 | $6,187 | $40,997 |
Source: Public Records
Agents Affiliated with this Home
-
Danny Ross
-
P
Seller Co-Listing Agent in 2022
Paul Quinones
The McDonald Group
-
N
Buyer's Agent in 2022
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11271541
APN: 19241100180000
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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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