NOT LISTED FOR SALE
10 Beds
8 Baths
5,602 Sq Ft
1926 Built

Last Sold May 23, 2023

Last sale price $535,000 $96 Per Sq Ft

18 Days on Market

About This Home

As of May 2023

7513-15 S. Eberhart Avenue is a two story multifamily building located in the Greater Grand Crossing neighborhood of Chicago. This beautiful walk-up building consists of eight units. There are (6) 1 bedroom 1 bathroom and (2) 2 bedroom 1 bathrooom units. The property has recieved great care, maintenance, and updates to the units.

Last Agent to Sell the Property

Dan Shepherd

Essex 312, LLC License #471021722 Listed on: 03/10/2023

Last Buyer's Agent

TRAR MLS Non Member

TRAR MLS Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1926

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50' x 125'
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,581
  • Fuel Expense $9,133
  • Insurance Expense $1,730
  • Maintenance Expense $2,500
  • Other Expense $3,500
  • Trash Expense $1,498
  • Water Sewer Expense $2,599
  • Operating Expense $31,161
  • Gross Income $86,400
  • Net Operating Income $50,919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,016

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 10
  • Room: 0

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 1498
  • Water Sewer Expenses: 2599

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50' X 125'
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 50919
  • Fuel Expense: 9133
  • Insurance Expense: 1730
  • ElectricExpense: 1581
  • GrossIncome: 86400
  • Maintenance Expense: 2500
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 31161
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3016
  • Tax Year: 2021
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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
05/23/2023 05/23/23 Sold $535,000 +1.9% $96 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $525,000 -- $94 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $3,165 $44,800 $5,571 $39,229
2024 $3,165 $44,800 $5,571 $39,229
2023 $3,085 $15,849 $7,738 $8,111
2022 $3,085 $15,849 $7,738 $8,111
2021 $3,016 $14,999 $7,737 $7,262
2020 $3,439 $15,436 $7,737 $7,699
2019 $3,524 $17,541 $7,737 $9,804
2018 $3,062 $15,500 $7,737 $7,763
2017 $3,470 $19,494 $6,809 $12,685
2016 $4,537 $25,151 $6,809 $18,342
2015 $4,128 $25,151 $6,809 $18,342
2014 $4,505 $26,850 $5,571 $21,279
2013 $4,405 $26,850 $5,571 $21,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11735218

Midwest Real Estate Data (MRED)

APN: 20274020090000