NOT LISTED FOR SALE

6957 S Artesian Ave Chicago, IL 60629

Marquette Park Neighborhood
10 Beds
20 Baths
6,112 Sq Ft
7,401 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $500,000 $82 Per Sq Ft

202 Days on Market

About This Home

As of May 2024

Great Investment Opportunity!! 6 unit building fully occupied! New porches put in recently, Windows less than 10yrs, New Boiler just installed. Side yard comes with the property. All units and have fully remodeled. 4 one broom units and 2 three bedroom units Don't miss out Contact Rob Nowak for showings info below. Thanks!

Last Agent to Sell the Property

Robert Nowak

Charles Rutenberg Realty of IL License #475205170 Listed on: 06/06/2023

Charles Rutenberg Realty of IL

Last Buyer's Agent

Ron Lewis

Re/Max Cityview License #475165076

Re/Max Cityview

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1927

Lot Details

  • 7,401

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 6,112 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 20 Bathrooms

Additional Features

  • 7,401 Sq Ft Lot
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $100
  • Fuel Expense $1,100
  • Insurance Expense $1,350
  • Manager Expense $600
  • Trash Expense $350
  • Water Sewer Expense $250
  • Operating Expense $30,000
  • Gross Income $7,500
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,654

Year Built

Built in 1927

Lot Details

7,401 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 20
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Electric: Circuit Breakers
  • Heat/Ventilation: Radiant

Condo/Co-op/Association

  • Manager Expense: 600

Fee Information

  • Trash Expense: 350
  • Water Sewer Expenses: 250

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 7401 SF
  • Lot Size Sq Ft: 7401
  • Zoning: MULTI
  • Alternate Phone Number: (773) 855-8934

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 2

Building Info

  • BuildingAreaTotal: 6112

Multi Family

  • Net Operating Income: 60000
  • Fuel Expense: 1100
  • Insurance Expense: 1350
  • ElectricExpense: 100
  • GrossIncome: 7500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 30000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 2654
  • Tax Year: 2021
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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
05/31/2024 05/31/24 Sold $500,000 0.0% $82 / Sq Ft
04/30/2024 04/30/24 Off Market $500,000 -- --
12/26/2023 12/26/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $599,000 0.0% $98 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $599,000 -- $98 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

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 $5,091 $39,001 $3,701 $35,300
2024 $5,091 $39,001 $3,701 $35,300
2023 $4,964 $24,000 $5,921 $18,079
2022 $4,964 $24,000 $5,921 $18,079
2021 $4,826 $23,999 $5,920 $18,079
2020 $3,636 $16,215 $5,920 $10,295
2019 $3,769 $18,639 $5,920 $12,719
2018 $3,023 $18,639 $5,920 $12,719
2017 $5,080 $25,576 $5,180 $20,396
2016 $4,905 $25,576 $5,180 $20,396
2015 $4,475 $25,576 $5,180 $20,396
2014 $4,360 $24,604 $4,810 $19,794
2013 $4,269 $24,604 $4,810 $19,794
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Nowak

    Charles Rutenberg Realty of IL

    (630) 929-1100

    2 in this area

    13 Total Sales

    Robert Nowak
    Section Image

  • R

    Buyer's Agent in 2024

    Ron Lewis

    RE/MAX

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11800665

Midwest Real Estate Data (MRED)

APN: 19244200190000

Illinois Cook County Chicago 60629 Marquette Park

6957 S Artesian Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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