A
Seller's Agent in 2021
Anthony Golob
Halsted Taylor Real Estate
(708) 351-3246
1 in this area
45 Total Sales
7401 S Wabash Ave Chicago, IL 60619
Park Manor Neighborhood
28
Beds
12
Baths
--
Sq Ft
10,787
Sq Ft Lot
Highlights
- 10,787 Sq Ft lot
- Corner Lot
- Forced Air Heating System
- Property is near public transit
- Laundry Room
About This Home
As of August 2021Great investment opportunity in the Park Manor Neighborhood. All twelve (12) condo quality units have been completely gut renovated including, building mechanicals and common areas. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is for serious long-term investors that understand the value in quality construction and asset stability. Buildings of this quality and location are extremely rare and are positioned for lifelong investors looking for consistency and financial stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, plumbing, roof, and masonry. Separate utilities. New coin operated machines in laundry room. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas, fencing and sidewalks.
Last Agent to Sell the Property
Halsted Taylor Real Estate License #471015175 Listed on: 11/21/2019
Last Buyer's Agent
Halsted Taylor Real Estate License #471015175 Listed on: 11/21/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,050
Year Built
- Built in 1929
Lot Details
- 10,787 Sq Ft Lot
- Corner Lot
Home Design
- Garden Apartment
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Exterior Basement Entry
- Laundry Room
Bedrooms and Bathrooms
- 28 Bedrooms
- 12 Bathrooms
Location
- Property is near public transit
Utilities
- No Cooling
- Forced Air Heating System
- 200+ Amp Service
Listing and Financial Details
- Tenant pays for electricity, heat, hot water
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $120
- Fuel Expense $50
- Insurance Expense $436
- Maintenance Expense $100
- Trash Expense $150
- Water Sewer Expense $450
- Operating Expense $45,576
- Gross Income $14,125
- Net Operating Income $126,324
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $1,579,000 | 0.0% | -- |
| 08/04/2021 08/04/21 | Off Market | $1,579,000 | -- | -- |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | -- | -- | -- |
| 05/06/2021 05/06/21 | Pending | -- | -- | -- |
| 02/09/2021 02/09/21 | Price Changed | $1,575,000 | -0.9% | -- |
| 12/04/2020 12/04/20 | Price Changed | $1,590,000 | -0.3% | -- |
| 09/21/2020 09/21/20 | Price Changed | $1,595,000 | -4.8% | -- |
| 05/26/2020 05/26/20 | Price Changed | $1,675,000 | -0.3% | -- |
| 01/17/2020 01/17/20 | Price Changed | $1,680,000 | -0.3% | -- |
| 11/21/2019 11/21/19 | For Sale | $1,685,000 | +361.6% | -- |
| 01/31/2018 01/31/18 | Sold | $365,000 | +1.4% | -- |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- |
| 11/14/2017 11/14/17 | For Sale | $359,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller's Agent in 2018
James Mattz
Keller Williams Preferred Rlty
(708) 798-1111
4 in this area
395 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10579193
APN: 20271190290000
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