NOT LISTED FOR SALE

6757 S Artesian Ave Chicago, IL 60629

Marquette Park Neighborhood
12 Beds
6 Baths
5,926 Sq Ft
5,146 Sq Ft Lot

Sale Details

Date Sold: March 19, 2019

Last sale price $290,000 $49 Per Sq Ft

42 Days on Market

About This Home

As of March 2019

6 unit HUGE all brick corner building! Over 100K invested in last 3 years. Rare layout with 3,2,and 1 bedroom units. Plumbing project currently ongoing, replacing most all piping with brand new copper! All 6 apartments have been fully renovated in last 24 months with engineered flooring throughout, neutral pleasant paint, bathroom vanities, kitchen cabinets, porcelain floors in many units, and added electrical circuits. 8 security cameras through out the building means peace of mind for tenants and owners with 30 day recording storage. Low overhead costs; tenants pay cooking gas and electricity. Motivated seller! Please contact for a showing/walk through.

Last Agent to Sell the Property

Mitchell Blyumin

Frontage Realty License #475162601 Listed on: 08/31/2018

Last Buyer's Agent

Mitchell Blyumin

Frontage Realty License #475162601 Listed on: 08/31/2018

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1925

Lot Details

  • 5,146 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating
  • Radiator
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units
  • 6-Story Property

Building Details

  • Electric Expense $600
  • Fuel Expense $4,200
  • Insurance Expense $2,400
  • Maintenance Expense $1,500
  • Trash Expense $2,160
  • Water Sewer Expense $2,000
  • Operating Expense $19,387
  • Gross Income $66,000
  • Net Operating Income $46,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,306

Year Built

Built in 1925

Lot Details

5,146 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 6
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Listing Agent Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Central Bldg Heat,Radiators,Steam

Fee Information

  • Trash Expense: 2160
  • Water Sewer Expenses: 2000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 5146
  • Lot Size Sq Ft: 5146
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 46613
  • Fuel Expense: 4200
  • Insurance Expense: 2400
  • ElectricExpense: 600
  • GrossIncome: 66000
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19387
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 5305.67
  • Tax Year: 2016

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

Closed on
Aug 18, 2022
Sold by
Leon Gerardo
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
$200,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2018
Closed on
Mar 19, 2019
Sold by
Evolved Holdings Llc
Bought by
Leon Gerardo and Leon Gilberto
Seller's Agent
Mitchell Blyumin
Frontage Realty
Buyer's Agent
Mitchell Blyumin
Frontage Realty
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2015
Sold by
Elby Partners Llc
Bought by
Evolved Holdings Llc

Purchase Details

Closed on
May 8, 2008
Sold by
Phillip Lang Roseland Lp
Bought by
Elby Partners Llc

Purchase Details

Closed on
Mar 30, 2006
Sold by
Ambrose George and Ambrose Charlotte
Bought by
Phillip Lang Roseland Lp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Marquette Park, IL

  • Jennifer Upshaw Real Estate Agent - L. Upshaw Realty

    Jennifer Upshaw

    L. Upshaw Realty

    (224) 287-9910

    51 Total Sales

    1 in Marquette Park

    $228,000 Price

    Jennifer Upshaw
     Section Image
  • Rafay Qamar Real Estate Agent - Real Broker LLC

    Rafay Qamar

    Real Broker LLC

    (833) 359-9113

    1,070 Total Sales

    1 in Marquette Park

    $250,000 Price

    Rafay Qamar
     Section Image
  • Jose Cortez Real Estate Agent - Golden Enterprise Realty Inc

    Jose Cortez

    Responds Quickly

    Golden Enterprise Realty Inc

    (866) 598-2035

    88 Total Sales

    1 in Marquette Park

    $335,000 Price

    Jose Cortez
     Section Image
  • George Venturella Real Estate Agent - Century 21 Circle

    George Venturella

    Century 21 Circle

    (708) 505-7886

    170 Total Sales

    1 in Marquette Park

    $210,000 Price

    George Venturella
     Section Image
  • Nadiia Glavin Real Estate Agent - Keller Williams ONEChicago

    Nadiia Glavin

    Keller Williams ONEChicago

    (888) 619-2845

    91 Total Sales

    1 in Marquette Park

    $278,000 Price

    Nadiia Glavin
     Section Image
  • Lisa Magidson Real Estate Agent - North Clybourn Group, Inc.

    Lisa Magidson

    North Clybourn Group, Inc.

    (888) 367-2916

    144 Total Sales

    2 in Marquette Park

    $313K - $333K Price Range

    Lisa Magidson
     Section Image
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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
-- None Listed On Document
Leon Gerardo $290,000 Advisors Title Network Llc
Evolved Holdings Llc $15,000 Attorney
Elby Partners Llc -- Chicago Title Insurance Co
Phillip Lang Roseland Lp $212,500 Multiple
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 $125,000
Closed 6757 S Artesian Ave Llc $200,000
Previous Owner Leon Gerardo $215,000
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
03/19/2019 03/19/19 Sold $290,000 -3.3% $49 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $299,999 -- $51 / Sq Ft
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 $4,030 $39,001 $2,572 $36,429
2024 $4,030 $39,001 $2,572 $36,429
2023 $3,930 $19,000 $4,114 $14,886
2022 $3,930 $19,000 $4,114 $14,886
2021 $3,821 $18,999 $4,114 $14,885
2020 $3,551 $15,835 $4,114 $11,721
2019 $3,680 $18,202 $4,114 $14,088
2018 $3,619 $18,202 $4,114 $14,088
2017 $5,668 $24,773 $3,600 $21,173
2016 $5,265 $24,773 $3,600 $21,173
2015 $4,830 $24,773 $3,600 $21,173
2014 $4,651 $23,504 $3,342 $20,162
2013 $4,566 $23,504 $3,342 $20,162
Source: Public Records

Agents Affiliated with this Home

  • MB

    Seller's Agent in 2019

    Mitchell Blyumin

    Frontage Realty

    (847) 784-1200

    80 Total Sales

    Mitchell Blyumin
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10068405

Midwest Real Estate Data (MRED)

APN: 19244050180000

Illinois Cook County Chicago 60629 Marquette Park

6757 S Artesian Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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

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