NOT LISTED FOR SALE

7431 S Chappel Ave Chicago, IL 60649

South Shore Neighborhood
6 Beds
6 Baths
-- Sq Ft
1928 Built

Last Sold November 08, 2021

Last sale price $310,000

2 Days on Market

Highlights

  • Community Lake
  • 3 Car Detached Garage
  • Paved or Partially Paved Lot
  • Property is near park

About This Home

As of November 2021

This wonderful 3 flat building is located on a nice block in the very hot South Shore area. Just minutes from the lakefront, golf course , and soon-to-be Obama Museum. Each spacious unit features 2 beds and 1.5 baths. Also features a 3 car garage. Building is presently fully occupied with long term tenants. You don't want to miss out on this one!

Last Agent to Sell the Property

Malcolm Thomas

Real People Realty License #475175160 Listed on: 05/14/2021

Real People Realty

Last Buyer's Agent

Siobhan Robinson

Mobile Realty LLC License #471020807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,352

Year Built

  • Built in 1928

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Radiator
  • Lake Michigan Water

Additional Features

  • Paved or Partially Paved Lot
  • Property is near park

Community Details

  • 3 Units
  • Community Lake

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,352

Year Built

Built in 1928

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Lake, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 41.759790,-87.574558
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4352
  • Tax Year: 2019

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Story Unit/s
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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
11/08/2021 11/08/21 Sold $310,000 +3.7% --
05/16/2021 05/16/21 Pending -- -- --
05/16/2021 05/16/21 For Sale -- -- --
05/14/2021 05/14/21 For Sale $299,000 -- --
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 $4,023 $35,000 $3,980 $31,020
2024 $4,023 $35,000 $3,980 $31,020
2023 $3,908 $19,001 $5,528 $13,473
2022 $3,908 $19,001 $5,528 $13,473
2021 $3,821 $18,999 $5,527 $13,472
2020 $4,295 $19,279 $5,527 $13,752
2019 $4,352 $21,662 $5,527 $16,135
2018 $4,279 $21,662 $5,527 $16,135
2017 $5,018 $23,309 $4,864 $18,445
2016 $4,669 $23,309 $4,864 $18,445
2015 $4,271 $23,309 $4,864 $18,445
2014 $3,735 $20,128 $3,979 $16,149
2013 $3,661 $20,128 $3,979 $16,149
Source: Public Records

Agents Affiliated with this Home

  • Malcolm Thomas

    Seller's Agent in 2021

    Malcolm Thomas

    Real People Realty

    (773) 719-5130

    2 in this area

    22 Total Sales

    Malcolm Thomas
    Section Image
  • Siobhan Robinson

    Buyer's Agent in 2021

    Siobhan Robinson

    Mobile Realty LLC

    (773) 683-2020

    5 in this area

    62 Total Sales

    Siobhan Robinson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11089086

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60649 South Shore

7431 S Chappel Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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