NOT LISTED FOR SALE
12 Beds
13 Baths
-- Sq Ft
1920 Built

Last Sold April 01, 2019

Last sale price $430,000

24 Days on Market

About This Home

As of April 2019

This home is located at 7256 S Artesian Ave, Chicago, IL 60629 since 08 January 2019. This property was built in 1920. 7256 S Artesian Ave is a home located in Cook County with nearby schools including McKay Elementary School, Gage Park High School, and Catalyst Maria Charter School.

Last Agent to Sell the Property

Aaron Sklar

Kiser Group Realty Inc License #475161507 Listed on: 01/08/2019

Co-Listed By

Noah Birk

Kiser Group Realty Inc License #475125864

Last Buyer's Agent

Aaron Sklar

Kiser Group Realty Inc License #475161507 Listed on: 01/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,942

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 125x60

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 13 Bathrooms

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $730
  • Fuel Expense $9,985
  • Insurance Expense $4,000
  • Maintenance Expense $1,500
  • Manager Expense $4,472
  • Other Expense $1,000
  • Trash Expense $1,835
  • Water Sewer Expense $6,603
  • Operating Expense $43,067
  • Gross Income $94,140
  • Net Operating Income $46,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,942

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1920
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,Non-Disclosure Agreement
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 12
  • Room: 0

Utilities

  • Heat/Ventilation: Central Bldg Heat,Gas,Radiant

Condo/Co-op/Association

  • Manager Expense: 4472

Fee Information

  • Trash Expense: 1835
  • Water Sewer Expenses: 6603

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125X60
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 46366
  • Fuel Expense: 9985
  • Insurance Expense: 4000
  • ElectricExpense: 730
  • GrossIncome: 94140
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 13
  • OperatingExpense: 43067
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 9942
  • Tax Year: 2017
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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
07/01/2019 07/01/19 Off Market $430,000 -- --
04/01/2019 04/01/19 Sold $430,000 -9.5% --
02/01/2019 02/01/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $475,000 -- --
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 $14,192 $83,000 $8,351 $74,649
2024 $14,192 $83,000 $8,351 $74,649
2023 $13,835 $67,267 $7,516 $59,751
2022 $13,835 $67,267 $7,516 $59,751
2021 $13,527 $67,266 $7,515 $59,751
2020 $10,684 $47,959 $7,515 $40,444
2019 $9,636 $47,959 $7,515 $40,444
2018 $9,474 $47,959 $7,515 $40,444
2017 $9,942 $43,723 $6,889 $36,834
2016 $9,234 $43,723 $6,889 $36,834
2015 $8,466 $43,723 $6,889 $36,834
2014 $8,427 $42,900 $6,889 $36,011
2013 $8,271 $42,900 $6,889 $36,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10278997

Midwest Real Estate Data (MRED)