Seller's Agent in 2024
Tamika Marks
Trademarks & Associates
(773) 656-9895
24 in this area
260 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2024
Closed on
Oct 22, 2024
Sold by
Bought by
Seller's Agent
Tamika Marks
Trademarks & Associates
Buyer's Agent
Joseph Konney
Top Care Realty LLC
List Price
$209,900
Sold Price
$170,000
Premium/Discount to List
-$39,900
-19.01%
Views
65
Purchase Details
Closed on
Jul 1, 2024
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
4.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 16, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.32%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 31, 2016
Closed on
Oct 14, 2016
Sold by
Bought by
Seller's Agent
Sheila Barney-Shannon
26.2 Realty, Inc
Buyer's Agent
Sheila Reno
Chicagoland Brokers, Inc.
List Price
$65,000
Sold Price
$65,000
Purchase Details
Closed on
Feb 1, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $170,000 | Chicago Title | ||
| -- | None Listed On Document | ||
| -- | Stewart Title | ||
| -- | Stewart Title | ||
| $65,000 | First American Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $357,500 | ||
| Previous Owner | $217,500 | ||
| Previous Owner | $105,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
11 in this area
174 Total Sales
-
Sheila Barney-Shannon
Seller's Agent in 2016
Sheila Barney-Shannon
26.2 Realty, Inc
(773) 491-8812
6 in this area
118 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
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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