$1,349,000
PENDING $126K PRICE DROP

Estimated payment $9,669/month

Total Views 2,000
-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Courtyard
  • Central Heating
  • 4-minute walk to 69Th Street Station

About This Home

The unique opportunity to acquire a meticulously maintained 19-unit walk-up building. This exceptional property with Cap rate of 10.7 features spacious all two-bedroom units adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing, new coping, lintel replacement, totally renovated main sewer service and security cameras. There is potential for a significant increase in rent amount with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.

Listing Agent

Calin Paunescu

Taty Management LLC License #471021245 Listed on: 03/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,143

Year Built

  • Built in 1926

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Utilities

  • No Cooling
  • Central Heating

Additional Features

  • 4-Story Property
  • Courtyard

Listing and Financial Details

  • The owner pays for snow removal

Community Details

Overview

  • 19 Units

Building Details

  • Electric Expense $1,791
  • Fuel Expense $14,397
  • Insurance Expense $13,000
  • Maintenance Expense $15,012
  • Manager Expense $9,701
  • Other Expense $6,718
  • Trash Expense $6,361
  • Water Sewer Expense $13,462
  • Operating Expense $111,186
  • Gross Income $248,844
  • Net Operating Income $84,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,143

Year Built

Built in 1926

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance,Courtyard
  • Stories: 4
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • OwnerPays: Snow Removal
  • Refrigerators: 19
  • Ranges: 19
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber

Utilities

  • Cooling: None
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Manager Expense: 9701

Fee Information

  • Trash Expense: 6361
  • Water Sewer Expenses: 13462

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 8750

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 84560
  • Fuel Expense: 14397
  • Insurance Expense: 13000
  • ElectricExpense: 1791
  • GrossIncome: 248844
  • Maintenance Expense: 15012
  • NumberOfUnitsTotal: 19
  • OperatingExpense: 111186
  • Type Multi-Family: Corridor-Interior Entrance,Courtyard

Tax Info

  • Tax Annual Amount: 27142.65
  • Tax Year: 2024

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $27,143 $135,100 $7,000 $128,100
2024 $22,770 $135,100 $7,000 $128,100
2023 $22,197 $107,923 $5,469 $102,454
2022 $22,197 $107,923 $5,469 $102,454
2021 $21,702 $107,921 $5,468 $102,453
2020 $16,560 $74,337 $5,468 $68,869
2019 $14,935 $74,337 $5,468 $68,869
2018 $12,609 $63,833 $5,468 $58,365
2017 $9,616 $44,669 $5,031 $39,638
2016 $8,512 $42,497 $5,031 $37,466
2015 $8,228 $44,899 $5,031 $39,868
2014 $11,058 $59,600 $5,031 $54,569
2013 $10,840 $59,600 $5,031 $54,569
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
05/31/2026 05/31/26 Pending -- -- --
04/15/2026 04/15/26 Price Changed $1,349,000 -8.5% --
03/01/2026 03/01/26 For Sale $1,475,000 -- --
Source: Midwest Real Estate Data (MRED)

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 Type Sale Price Title Company
Warranty Deed $1,325,000 Chicago Title
Interfamily Deed Transfer -- Lawyers
Warranty Deed $33,333 --
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 Loan Amount Loan Type
Previous Owner $861,250 New Conventional
Previous Owner $575,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12497916

Midwest Real Estate Data (MRED)

APN: 20214070150000

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