Seller's Agent in 2024
Tameka McClellon
Tameka McClellon
(773) 217-3963
1 in this area
34 Total Sales
6560 S Western Ave Chicago, IL 60636
Marquette Park NeighborhoodEstimated Value: $997,904
21
Beds
7
Baths
--
Sq Ft
7,884
Sq Ft Lot
About This Home
As of May 2024Exclusive purchasing opportunity for 6560 s Western Chicago, IL. A charming 15 unit mixed use property situated in Marquette Park, a neighborhood on Chicago's South side.Nestled on a tree lined street this property offers tenants the convenience of quick and easy access to bus lines,restaurants,shopping and more.6560 s Western boast an exceptional unit mix comprised of 8 three bedroom units, 2 two bedroom units, 2 four bedroom units all one bath. 3 commercial Retail storefront units.Beautiful hardwood flooring throughout the residential units.Very well maintained.The true potential lies in the opportunity to increase rental Income, since some rents are below market.By doing so an Investor can attain a remarkable cap rate.This is a rare chance to acquire a well established income generating asset with a strong tenant base and attractive financial prospects. This property offers a solid Investment opportunity.
Last Agent to Sell the Property
Tameka McClellon License #471022512 Listed on: 12/26/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,375
Year Built
- Built in 1923
Lot Details
- 7,884 Sq Ft Lot
- Lot Dimensions are 73' x 108'
Interior Spaces
- 3-Story Property
Bedrooms and Bathrooms
- 21 Bedrooms
- 7 Bathrooms
Utilities
- Central Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 15 Units
Building Details
- Electric Expense $1,875
- Fuel Expense $1,875
- Insurance Expense $7,676
- Maintenance Expense $801
- Other Expense $37,000
- Trash Expense $4,344
- Water Sewer Expense $12,543
- Operating Expense $68,472
- Gross Income $199,596
- Net Operating Income $131,124
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2023
Closed on
Apr 29, 2024
Sold by
Bought by
Seller's Agent
Tameka McClellon
Tameka McClellon
Buyer's Agent
Sandra Ardon
Su Familia Real Estate Inc
List Price
$1,000,050
Sold Price
$940,000
Premium/Discount to List
-$60,050
-6%
Views
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,904
Avg. Annual Appreciation
2.72%
Original Mortgage
$790,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2015
Sold by
Bought by
Purchase Details
Closed on
Aug 31, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 14, 2011
Sold by
Bought by
Purchase Details
Closed on
Dec 2, 2010
Sold by
Bought by
Purchase Details
Closed on
May 19, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 28, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
6.4%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
5.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
7.27%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 31, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.87%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $940,000 | None Listed On Document | ||
| $530,000 | Chicago Title Land Trust Co | ||
| -- | Chicago Title Land Trust Com | ||
| $275,000 | Ctic | ||
| $390,000 | Ctic | ||
| -- | None Available | ||
| -- | Cti | ||
| $1,300,000 | Ctic | ||
| $395,000 | -- | ||
| $160,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $920,000 | ||
| Closed | $790,000 | ||
| Previous Owner | $327,000 | ||
| Previous Owner | $1,012,500 | ||
| Previous Owner | $1,040,000 | ||
| Previous Owner | $670,000 | ||
| Previous Owner | $110,000 |
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 |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $940,000 | -5.9% | -- |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 03/06/2024 03/06/24 | Price Changed | $999,000 | -0.1% | -- |
| 03/05/2024 03/05/24 | Price Changed | $1,000,000 | 0.0% | -- |
| 02/28/2024 02/28/24 | Price Changed | $1,000,050 | 0.0% | -- |
| 02/17/2024 02/17/24 | Price Changed | $1,000,025 | 0.0% | -- |
| 02/11/2024 02/11/24 | Price Changed | $1,000,050 | 0.0% | -- |
| 02/05/2024 02/05/24 | Price Changed | $1,000,000 | 0.0% | -- |
| 01/29/2024 01/29/24 | Price Changed | $1,000,050 | 0.0% | -- |
| 01/21/2024 01/21/24 | Price Changed | $1,000,000 | 0.0% | -- |
| 01/19/2024 01/19/24 | For Sale | $1,000,050 | 0.0% | -- |
| 01/12/2024 01/12/24 | Pending | -- | -- | -- |
| 12/26/2023 12/26/23 | For Sale | $1,000,050 | -- | -- |
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 | $21,816 | $157,201 | $12,149 | $145,052 |
| 2024 | $21,816 | $157,201 | $12,149 | $145,052 |
| 2023 | $21,268 | $103,401 | $11,541 | $91,860 |
| 2022 | $21,268 | $103,401 | $11,541 | $91,860 |
| 2021 | $20,793 | $103,400 | $11,541 | $91,859 |
| 2020 | $19,356 | $86,888 | $11,541 | $75,347 |
| 2019 | $17,457 | $86,888 | $11,541 | $75,347 |
| 2018 | $17,163 | $86,888 | $11,541 | $75,347 |
| 2017 | $11,409 | $53,000 | $10,528 | $42,472 |
| 2016 | $10,615 | $53,000 | $10,528 | $42,472 |
| 2015 | $7,528 | $41,079 | $10,528 | $30,551 |
| 2014 | $8,979 | $48,393 | $10,528 | $37,865 |
| 2013 | $7,698 | $42,325 | $10,528 | $31,797 |
Source: Public Records
Agents Affiliated with this Home
-
Tameka McClellon
-
Sandra Ardon
Buyer's Agent in 2024
Sandra Ardon
Su Familia Real Estate Inc
(630) 340-9575
2 in this area
148 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11951451
APN: 19-24-223-040-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 6515 S Artesian Ave
- 6501 S Claremont Ave
- 6603 S Oakley Ave
- 6621 S Oakley Ave
- 6608 S Bell Ave
- 6715 S Claremont Ave
- 6733 S Campbell Ave
- 6416 S Campbell Ave
- 6722 S Oakley Ave
- 6744 S Claremont Ave
- 6419 S Maplewood Ave
- 6604 S Rockwell St
- 6733 S Maplewood Ave
- 6747 S Claremont Ave
- 6551 S Talman Ave
- 6734 S Maplewood Ave
- 6805 S Maplewood Ave
- 6520 S Talman Ave
- 6433 S Talman Ave
- 6600 S Washtenaw Ave
- 6554 S Western Ave
- 2408 W 66th St
- 6558 S Western Ave
- 6600 S Western Ave
- 6542 S Western Ave
- 2416 W 66th St
- 6553 S Artesian Ave
- 6549 S Artesian Ave
- 6538 S Western Ave
- 6547 S Artesian Ave
- 6601 S Artesian Ave
- 6543 S Artesian Ave
- 6605 S Artesian Ave
- 6605 S Artesian Ave Unit Second Floor
- 6605 S Artesian Ave
- 6541 S Artesian Ave
- 6607 S Artesian Ave
- 6537 S Artesian Ave
- 6559 S Western Ave
- 6549 S Western Ave
Your Personal Tour Guide
Ask me questions while you tour the home.