Seller's Agent in 2024
Tim Lorimer
Compass
(630) 546-0254
3 in this area
261 Total Sales
Amazing Investment Opportunity in the Heart of Woodlawn! Everything is new in this completely renovated 4-unit building that offers the perfect blend of modern luxury and smart investment potential. Each unit features 3 bedrooms and 1 bathroom with functional, open floor plans that maximize space and flow. Large windows flood the units with natural light, complementing the tall ceilings to create a bright and airy atmosphere. The kitchens are outfitted with quartz countertops, sleek shaker cabinets, and brand-new stainless steel appliances, all tied together with modern finishes for a contemporary look. Enjoy the convenience of dedicated parking spaces for each unit, and the added bonus of in-building laundry facilities for extra revenue. Located in the super-hot Woodlawn neighborhood, this property is just steps away from the Green Line El stop and a short distance to the University of Chicago, making it a prime spot for students, professionals, and families alike. Whether you're looking for a lucrative investment property or a stylish place to call home, this newly renovated building is a fantastic opportunity to live in one unit and rent out the other three units while taking advantage of as little as 5% down payment. Units rents projected to average around $1750/month producing great cash flow!
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2024 11/18/24 | Sold | $795,000 | +6.0% | $387 / Sq Ft |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $750,000 | -- | $365 / Sq Ft |
| 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 | $2,329 | $16,678 | $3,355 | $13,323 |
| 2024 | $2,329 | $16,678 | $3,355 | $13,323 |
| 2023 | $2,263 | $11,000 | $3,355 | $7,645 |
| 2022 | $2,263 | $11,000 | $3,355 | $7,645 |
| 2021 | $1,542 | $11,000 | $3,355 | $7,645 |
| 2020 | $1,114 | $5,622 | $3,355 | $2,267 |
| 2019 | $2,263 | $14,691 | $3,355 | $11,336 |
| 2018 | $2,223 | $14,691 | $3,355 | $11,336 |
| 2017 | $2,944 | $17,050 | $2,952 | $14,098 |
| 2016 | $2,915 | $17,050 | $2,952 | $14,098 |
| 2015 | $2,644 | $17,050 | $2,952 | $14,098 |
| 2014 | $2,220 | $14,534 | $2,415 | $12,119 |
| 2013 | $2,165 | $14,534 | $2,415 | $12,119 |
Seller's Agent in 2024
Tim Lorimer
Compass
(630) 546-0254
3 in this area
261 Total Sales
Buyer's Agent in 2024
Josephine Hood
Neighborhood Assistance Corp.
(815) 302-6915
1 in this area
89 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12172355
APN: 20222200390000
Ask me questions while you tour the home.