NOT LISTED FOR SALE

7255 S King Dr Chicago, IL 60619

Park Manor Neighborhood
18 Beds
15 Baths
-- Sq Ft
1922 Built

Sale Details

Date Sold: September 2, 2021

Last sale price $450,000

210 Days on Market

About This Home

As of September 2021

15 UNIT BUILDING. THREE TWO BEDROOMS AND 12 ONE BED ROOMS. 14 OCCUPIED AND ONE VACANT.

Last Agent to Sell the Property

Rosetta Johnson

Supreme Real Estate Inc. License #471003714 Listed on: 12/25/2020

Co-Listed By

Wanisha Johnson

Supreme Real Estate Inc. License #475155743

Last Buyer's Agent

Rosetta Johnson

Supreme Real Estate Inc. License #471003714 Listed on: 12/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,268

Year Built

  • Built in 1922

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 15 Bathrooms

Lot Details

  • Lot Dimensions are 25x125
  • Corner Lot

Utilities

  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 15 Units

Building Details

  • Electric Expense $601
  • Fuel Expense $13,903
  • Insurance Expense $12,296
  • Maintenance Expense $15,690
  • Other Expense $15,715
  • Trash Expense $6,601
  • Water Sewer Expense $6,772
  • Operating Expense $79,106
  • Gross Income $94,000
  • Net Operating Income $15,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,268

Year Built

Built in 1922

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Hi-Rise
  • Stories: 3
  • Year Built: 1922
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 15
  • Total Bedrooms: 18
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Gas,Radiators

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 6601
  • Water Sewer Expenses: 6772
  • Operating Expense Includes: Fuel,Insurance,Maintenance,Maintenance Grounds,Manager,Other,Pest Control,Professional Management,Security,Supplies,Trash,Utilities,Water/Sewer,Electricity,Gas,Heat/Cooling

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 15047
  • Fuel Expense: 13903
  • Insurance Expense: 12296
  • ElectricExpense: 601
  • GrossIncome: 94000
  • Maintenance Expense: 15690
  • NumberOfUnitsTotal: 15
  • OperatingExpense: 79106
  • Type Multi-Family: Hi-Rise

Tax Info

  • Tax Annual Amount: 18268
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
09/02/2021 09/02/21 Sold $450,000 -59.1% --
07/23/2021 07/23/21 Pending -- -- --
12/25/2020 12/25/20 For Sale $1,100,000 -- --
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 $17,757 $53,301 $6,216 $47,085
2024 $17,757 $53,301 $9,563 $43,738
2023 $17,310 $84,162 $6,885 $77,277
2022 $17,310 $84,162 $6,885 $77,277
2021 $11,563 $57,500 $6,885 $50,615
2020 $20,255 $90,924 $6,885 $84,039
2019 $18,268 $90,924 $6,885 $84,039
2018 $17,961 $90,924 $6,885 $84,039
2017 $16,772 $77,910 $5,737 $72,173
2016 $15,594 $77,859 $5,737 $72,122
2015 $14,267 $77,859 $5,737 $72,122
2014 $14,446 $77,859 $5,737 $72,122
2013 $14,161 $77,859 $5,737 $72,122
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rosetta Johnson

    Supreme Real Estate Inc.

    (773) 737-0007

    1 in this area

    5 Total Sales

    Rosetta Johnson
    Section Image

  • W

    Seller Co-Listing Agent in 2021

    Wanisha Johnson

    Supreme Real Estate Inc.

    (773) 737-0007

    1 in this area

    11 Total Sales

    Wanisha Johnson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10958689

Midwest Real Estate Data (MRED)

APN: 20272080160000

Illinois Cook County Chicago 60619 Park Manor

7255 S King Dr, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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