NOT LISTED FOR SALE

717 S Claremont Ave Chicago, IL 60612

Tri-Taylor Neighborhood
9 Beds
6 Baths
1,000 Sq Ft
3,049 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $690,000 $690 Per Sq Ft

26 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Detached Garage
  • Ceiling Fan
  • Fenced Yard
  • Porch
  • 2-minute walk to Claremont Park

About This Home

As of July 2021

Investors delight!! Rarely available 25year old Legal 3 Unit building in the desirable Tri Taylor area. Features over 1300 sq. feet of living space with 3 super large bedrooms in each unit! and a two-car brick garage!!! The top unit features 5 skylights windows!! Walking distance to Illinois medical district and UIC! each unit had a built-in dishwasher, washer/dryer, central heating, and air conditioning installed in 2019 for all 3 units, hot water tanks in 2013, all utilities paid by tenants except water bill. The owner pays common electricity. EZ to rent all current rents are under market!! EZ to get $1800-$1950 rents in this area. Currently, tenant occupied lease expire at end of July 2021

Last Agent to Sell the Property

Daniel Covarrubias

Urbanitas Inc. License #471012986 Listed on: 05/19/2021

Last Buyer's Agent

Valentin Tudor

Century 21 S.G.R., Inc. License #475190207

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,132

Year Built

  • Built in 1996

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Porch

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $175
  • Insurance Expense $2,535
  • Water Sewer Expense $1,713
  • Gross Income $51,600
  • Net Operating Income $32,802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,132

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Year Built: 1996
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Skylights/Windows

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Water Sewer Expenses: 1713

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 32802
  • Insurance Expense: 2535
  • ElectricExpense: 175
  • GrossIncome: 51600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 14132.39
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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List Price
Sold Price
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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
07/23/2021 07/23/21 Sold $690,000 -6.7% $690 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $739,900 0.0% $740 / Sq Ft
07/20/2016 07/20/16 Rented $1,450 0.0% --
07/19/2016 07/19/16 Under Contract -- -- --
07/17/2016 07/17/16 For Rent $1,450 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Covarrubias

    Seller's Agent in 2021

    Daniel Covarrubias

    Urbanitas Inc.

    (773) 370-5008

    4 in this area

    39 Total Sales

    Daniel Covarrubias
    Section Image

  • V

    Buyer's Agent in 2021

    Valentin Tudor

    Century 21 S.G.R., Inc.

    3 in this area

    62 Total Sales

    Valentin Tudor
    Section Image
  • Hector Castaneda

    Seller's Agent in 2016

    Hector Castaneda

    Open Path Realty

    (773) 316-5781

    16 Total Sales

    Hector Castaneda
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11094200

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60612 Tri-Taylor

717 S Claremont Ave, Chicago, IL

Not Listed for Sale

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