Seller's Agent in 2024
Tamika Marks
Trademarks & Associates
(773) 656-9895
25 in this area
251 Total Sales
7201 S Sangamon St Chicago, IL 60621
Englewood Neighborhood
12
Beds
6
Baths
4,359
Sq Ft
1889
Built
About This Home
As of October 2024**Prime Investment Opportunity: Partially Occupied Six-Unit Property with Generational Wealth Potential** Discover an exceptional investment opportunity with this six-unit property, each featuring two spacious bedrooms and a modern bathroom. Ideally located just steps from convenient public transportation, this property is perfect for attracting and retaining quality tenants. Families will appreciate the proximity to the area schools within walking distance, while the surrounding neighborhood offers a wealth of services and charming local eateries, adding to the appeal for all generations. This property not only provides immediate rental income but also serves as a strong foundation for building generational wealth. With its strategic location and consistent occupancy, this is an opportunity you won't want to miss. Secure your future with an investment that promises long-term growth in a vibrant, thriving community.
Last Agent to Sell the Property
Trademarks & Associates License #471006293 Listed on: 08/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,851
Year Built
- Built in 1889
Home Design
- Flat Roof Shape
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,359 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Additional Features
- Lot Dimensions are 23x125
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $11,840
- Gross Income $52,800
- Net Operating Income $40,960
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2024 10/24/24 | Sold | $170,000 | -15.0% | $39 / Sq Ft | |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- | |
| 10/05/2024 10/05/24 | Price Changed | $199,900 | -4.8% | $46 / Sq Ft | |
| 09/10/2024 09/10/24 | For Sale | $209,900 | 0.0% | $48 / Sq Ft | |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- | |
| 08/04/2024 08/04/24 | For Sale | $209,900 | +222.9% | $48 / Sq Ft | |
| 11/10/2016 11/10/16 | Sold | $65,000 | 0.0% | -- | View Prior Sale |
| 09/17/2016 09/17/16 | Pending | -- | -- | -- | |
| 08/31/2016 08/31/16 | For Sale | $65,000 | -- | -- |
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 | $1,899 | $21,000 | $887 | $20,113 |
| 2024 | $1,899 | $21,000 | $887 | $20,113 |
| 2023 | $1,851 | $9,000 | $1,923 | $7,077 |
| 2022 | $1,851 | $9,000 | $1,923 | $7,077 |
| 2021 | $1,810 | $8,999 | $1,922 | $7,077 |
| 2020 | $1,902 | $8,536 | $2,218 | $6,318 |
| 2019 | $1,949 | $9,700 | $2,218 | $7,482 |
| 2018 | $1,916 | $9,700 | $2,218 | $7,482 |
| 2017 | $2,673 | $12,418 | $1,922 | $10,496 |
| 2016 | $2,487 | $12,418 | $1,922 | $10,496 |
| 2015 | $2,276 | $12,418 | $1,922 | $10,496 |
| 2014 | $2,791 | $15,041 | $1,774 | $13,267 |
| 2013 | $2,736 | $15,041 | $1,774 | $13,267 |
Source: Public Records
Agents Affiliated with this Home
-
Tamika Marks
-
Joseph Konney
Buyer's Agent in 2024
Joseph Konney
Top Care Realty LLC
(630) 350-0363
12 in this area
172 Total Sales
-
Sheila Barney-Shannon
Seller's Agent in 2016
Sheila Barney-Shannon
26.2 Realty, Inc
(773) 491-8812
5 in this area
122 Total Sales
-
Sheila Reno
Buyer's Agent in 2016
Sheila Reno
Chicagoland Brokers, Inc.
(708) 362-8277
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12131837
APN: 20292130010000
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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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