$168,000
SOLD MAR 28, 2025
11 Beds
4 Baths
5,453 Sq Ft
-- Built

Recently Sold

$31 Per Sq Ft

11% Below List Price

42 Days on Market

About This Home

As of March 2025

Located in the historic district of Greater Grand Crossing, this money-making 3-flat, on a +/- 6,100 SF lot features massive 1,900-2,100+ sf units! There are a total of 11 bedrooms and 4 bathrooms. Current configuration is as follows: 1st floor: 3/1 easily duplexable into a 4/2. 2nd floor: 4/2 and 3rd floor: 4/1. Proforma GPI is 5,500-6,500/mo. Individual GFAs and the side drive can park 4-5 cars. This is great income property or solid fix & flip. Also, seller has access to the adjacent vacant lot to the North if needed. Stabilized ARVs for this property is 512,000! Close to shopping and restaurants along 71ST St., just a short walk to the #24 Wentworth CTA bus line and 2 minutes to the Kennedy Expressway.

Last Agent to Sell the Property

Scott Siegel

Chicago Real Estate Authority License #471011328 Listed on: 01/08/2025

Last Buyer's Agent

Sharita Aye-Adams

Tower Realty Chicago License #471021129

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,298

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,298

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 11
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 5453 SF
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2298
  • Tax Year: 2022

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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
03/28/2025 03/28/25 Sold $168,000 -3.2% $31 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $173,500 -0.6% $32 / Sq Ft
02/06/2025 02/06/25 Price Changed $174,500 -0.6% $32 / Sq Ft
02/05/2025 02/05/25 Price Changed $175,500 -0.3% $32 / Sq Ft
02/03/2025 02/03/25 Price Changed $176,100 -1.2% $32 / Sq Ft
02/03/2025 02/03/25 Price Changed $178,200 -0.3% $33 / Sq Ft
01/30/2025 01/30/25 Price Changed $178,800 -0.3% $33 / Sq Ft
01/27/2025 01/27/25 Price Changed $179,400 -0.3% $33 / Sq Ft
01/21/2025 01/21/25 Price Changed $180,000 -4.5% $33 / Sq Ft
01/17/2025 01/17/25 Price Changed $188,400 -0.3% $35 / Sq Ft
01/11/2025 01/11/25 Price Changed $189,000 -0.3% $35 / Sq Ft
01/08/2025 01/08/25 For Sale $189,600 -- $35 / 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 $1,319 $19,000 $1,825 $17,175
2024 $1,319 $19,000 $1,825 $17,175
2023 $1,286 $6,253 $3,955 $2,298
2022 $1,286 $6,253 $3,955 $2,298
2021 $1,257 $6,251 $3,954 $2,297
2020 $1,595 $12,746 $4,563 $8,183
2019 $1,670 $14,485 $4,563 $9,922
2018 $2,861 $14,485 $4,563 $9,922
2017 $3,511 $16,310 $3,954 $12,356
2016 $2,409 $16,310 $3,954 $12,356
2015 $2,989 $16,310 $3,954 $12,356
2014 $3,709 $19,988 $3,650 $16,338
2013 $2,815 $19,988 $3,650 $16,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12266683

Midwest Real Estate Data (MRED)

APN: 20282030050000