NOT LISTED FOR SALE

7241 S Stony Island Ave Chicago, IL 60649

South Shore Neighborhood
4 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $72,500

163 Days on Market

Highlights

  • Traditional Architecture
  • 5-minute walk to Stony Island Station
  • Forced Air Heating System
  • Fenced Yard
  • 2 Car Detached Garage
  • 1-minute walk to Hodes Park

About This Home

As of June 2016

10% net ROI (see MLS for cash flow template) - 2 unit building with hardwood floors throughout the apartment. Spacious living & dining rooms. Beautiful granite counter tops with all new appliances. All new electrical, plumbing, hot water tank. Separate furnaces. New rear deck. 5 minutes away from Hyde Park, University of Chicago campus, & hospital.

Last Agent to Sell the Property

Christopher Secaur

@properties Christie's International Real Estate License #475156207 Listed on: 10/26/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Christopher Secaur

@properties Christie's International Real Estate License #475156207 Listed on: 10/26/2015

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $10,484

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 9916

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 10484
  • GrossIncome: 20400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7298.83
  • Tax Year: 2014
  • Tax Exemptions: None

Range of Values:

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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
06/03/2016 06/03/16 Sold $72,500 0.0% --
04/06/2016 04/06/16 Pending -- -- --
12/01/2015 12/01/15 Off Market $72,500 -- --
10/26/2015 10/26/15 For Sale $109,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09072218

Midwest Real Estate Data (MRED)