$525,000
SOLD AUG 13, 2021
10 Beds
5 Baths
-- Sq Ft
1906 Built

Recently Sold

5% Below List Price

12 Days on Market

About This Home

As of August 2021

80% Occupied, center entrance 5 unit property. Compromised of 11beds and 6baths. Six car parking pad in a quickly appreciation location. Building has updated electrical and plumbing.In unit laundry, stainless steel appliances and modern baths. Current rents average $1400.00 monthly.This property presents investors with multiple value add strategies. All units are very spacious and features hardwood flooring throughout.WELL MAINTAINED.

Last Agent to Sell the Property

Tameka McClellon

Tameka McClellon License #471022512 Listed on: 05/26/2021

Last Buyer's Agent

Tracy Levy

Exit Strategy Realty License #475188809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1906

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $1,100
  • Other Expense $500
  • Trash Expense $700
  • Water Sewer Expense $2,800
  • Operating Expense $14,147
  • Gross Income $74,400
  • Net Operating Income $59,853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,866

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1906
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Courtesy Key
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 550000

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Gas

Fee Information

  • Trash Expense: 700
  • Water Sewer Expenses: 2800
  • Janitor Expense: 200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4712
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 59853
  • Insurance Expense: 1100
  • GrossIncome: 74400
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 14147
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 2866.3
  • Tax Year: 2019

Similar Homes in Chicago, IL

  • 6932 S Green St, Chicago, IL 60621

    $429,900

    • 7 Beds
    • 2 Baths
    • 6932 S Green St
    • Chicago, IL

    Welcome to this beautifully updated multi-unit property in the heart of Englewood. Fully renovated in 2020, this home features gleaming hardwood floors throughout, updated kitchens, modern baths, and thoughtful finishes that blend comfort with style. Each unit offers spacious layouts filled with natural light, while the unfinished basement is a blank canvas with a roughed-in bathroom, perfect

    LaToya Moore Baird & Warner

    Section Image
  • 6331 S Throop St, Chicago, IL 60636

    $499,000

    • 9 Beds
    • 6 Baths
    • 6331 S Throop St
    • Chicago, IL

    Well-maintained 4-unit building with all units recently updated. Great opportunity to live in one unit and rent the others, or add to your investment portfolio. Exterior improvements include new windows and some tuckpointing. Each unit features updated kitchens with granite countertops, hardwood floors, new doors and trim, and modern bathrooms with ceramic tile. Freshly painted throughout. A

    David Hernandez Coldwell Banker Realty

    Section Image
  • 5208 S Paulina St, Chicago, IL 60609

    $529,000

    • 9 Beds
    • 6 Baths
    • 5208 S Paulina St
    • Chicago, IL

    Incredible investment property featuring 3 apartments plus basement fully rehabbed with permitted work. Property offers not just a home but a wise investment for your future!. Highlights include new furnaces for each unit, new water heaters , new kitchen cabinets and appliances, remodeled bathrooms, new floors and new porch. It presents occupant/investor with the opportunity to take hold of a

    Bill Eliopoulos Cosmos Realty Investors, Inc.

    Section Image
  • 3960 S Western Ave, Chicago, IL 60609

    $450,000

    • 6 Beds
    • 4 Baths
    • 3960 S Western Ave
    • Chicago, IL

    Wow! This property has been upgraded, rehabbed and reimagined creating 4 units of living space. First floor has 2 units( Front 2 bedroom & 1 bathroom) (Back unit is 1 bedroom & 1 bathroom), Second floor has a 2 bedroom & 1 bathroom, lower level is 1 bedroom and 1 bathroom. Units were all gut rehabbed, new kitchens, new bathrooms and hardwood floors. Tons of opportunity to live in a unit

    Mary Aloisio @properties Christie's International Real Estate

    Section Image
  • 2236 W Monroe St, Chicago, IL 60612

    $615,000

    • 6 Beds
    • 3 Baths
    • 2236 W Monroe St
    • Chicago, IL

    LOCATION, LOCATION, LOCATION: SOLID Brick Unique Oversized Multi Units in The very desirable United Center Neighborhood. Each unit boasts 3 large bed rooms. First floor unit duplexed down to full basement; offers 2 full baths, a large kitchen w pantry and heated enclosed porch room. First bedroom feature a Jack and Jill bath. Tall Ceilings with plenty of windows & naural light throughout.

    Gloria Spencer Baker-Spencer Realty, LLC

    Section Image
  • 4251 W Jackson Blvd, Chicago, IL 60624

    $425,000

    • 7 Beds
    • 2 Baths
    • 4251 W Jackson Blvd
    • Chicago, IL

    Welcome to Jackson. This solid brick 2-unit building features two spacious units - perfect for investors or multigenerational living. The first-floor unit offers 3 bedrooms and 1 full bath, currently leased to a reliable tenant. The second-floor unit, previously owner-occupied, boasts 4 bedrooms and 1 full bath with generous living space and natural light. Both units feature separate utilities

    Sohe Reyes Smart Home Realty

    Section Image
  • 5426 W Jackson Blvd, Chicago, IL 60644

    $550,000

    • 6 Beds
    • 4 Baths
    • 5426 W Jackson Blvd
    • Chicago, IL

    WELCOME! Secure your next income property today! Check Out This Versatile 2-Unit Property now available for sale in Chicago, Austin Area with Income Potential while you live in one unit and rent the other. But... wait, you still have great potential to create a 3rd unit in the basement creating more income while also adding more value to the property. Perfect for homeowners looking for

    Camille Harris Coldwell Banker Realty

    Section Image
  • 4109 W Oakdale Ave, Chicago, IL 60641

    $644,900

    • 6 Beds
    • 3 Baths
    • 4109 W Oakdale Ave
    • Chicago, IL

    This all-brick, 2-unit building presents a prime investment opportunity! First floor and garden unit are rented on a month-to-month basis, offering flexibility. The property includes a 2-car garage plus an additional outdoor parking space. 2nd floor has its own laundry in unit and there is coin laundry for 1st floor and garden units. Total monthly rent of $5,100. HOME UPDATES include: 2nd floor

    Rafay Qamar Real Broker LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $625,000 +19.0% --
08/13/2021 08/13/21 Sold $525,000 -4.5% --
06/07/2021 06/07/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $550,000 +395.5% --
03/13/2014 03/13/14 Sold $111,000 +23.5% --
02/14/2014 02/14/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $89,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11101310

Midwest Real Estate Data (MRED)