NOT LISTED FOR SALE
19 Beds
19 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold June 18, 2019

Last sale price $1,350,000

117 Days on Market

Highlights

  • 0.2 Acre Lot
  • Central Heating
  • 3-minute walk to Hasan Park

About This Home

As of June 2019

6940 S. Oglesby, a beautiful and meticulously maintained 19 unit building in Chicago's Jackson Park neighborhood. This one of a kind property sits one (1) block away from Lake Michigan and the South Shore Cultural Center, and also sits adjacent to Jackson Park - the selected site of the Obama Presidential Library and renowned Jackson Park Golf Course. 6940 S. Oglesby has been a family heirloom for over 40 years. Throughout ownership, the property has been extremely well managed and taken care of. Currently, the property consists of 19 total units, made up of three (3) 2b/1ba units, thirteen (13) 1b/1ba units, and three (3) 0b/1ba studio apartments. Recent improvements to the building consist of, but not limited to: a new tear off roof, new porches, a new boiler, new electric service, as well as copper plumbing throughout the building.

Last Agent to Sell the Property

Aaron Sklar

Kiser Group Realty Inc License #475161507 Listed on: 11/14/2018

Co-Listed By

Noah Birk

Kiser Group Realty Inc License #475125864

Last Buyer's Agent

Aaron Sklar

Kiser Group Realty Inc License #475161507 Listed on: 11/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,742

Year Built

  • Built in 1927

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x179x50x179

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 19 Bathrooms

Utilities

  • Central Heating
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 19 Units

Building Details

  • Electric Expense $1,500
  • Fuel Expense $15
  • Insurance Expense $5,000
  • Maintenance Expense $3,000
  • Trash Expense $1,500
  • Water Sewer Expense $10,000
  • Operating Expense $66,220
  • Gross Income $176,100
  • Net Operating Income $107,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,742

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,Non-Disclosure Agreement
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 19
  • Total Bedrooms: 19
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1350000

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Central Bldg Heat,Radiators

Fee Information

  • Trash Expense: 1500
  • Water Sewer Expenses: 10000
  • Janitor Expense: 2000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 50X179X50X179

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 107075
  • Fuel Expense: 15
  • Insurance Expense: 5000
  • ElectricExpense: 1500
  • GrossIncome: 176100
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 19
  • OperatingExpense: 66220
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 12742
  • Tax Year: 2017

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 List to Sale Price per Sq Ft
09/16/2019 09/16/19 Off Market $1,350,000 -- --
06/18/2019 06/18/19 Sold $1,350,000 0.0% --
03/11/2019 03/11/19 Pending -- -- --
11/14/2018 11/14/18 For Sale $1,350,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10278888

Midwest Real Estate Data (MRED)

APN: 20244190110000