NOT LISTED FOR SALE
11 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $340,000

22 Days on Market

About This Home

As of June 2023

Incredible investment opportunity in the South Side of Chicago! This multi-unit property features 3 HUGE units, and all units are fully rented, making it an excellent choice for investors looking for reliable income. The first floor offers a spacious 3 bedroom, 1 bathroom unit, while the second and third floors feature a 4 bedroom, 1 bathroom layout, all with hardwood flooring throughout and carpet in the bedrooms. The large corner lot is fully fenced, providing privacy and security. Don't miss out on this rare chance to invest in a prime location in Chicago! This property is also being offered as a portfolio sale along with 321 W 59th PL (MLS# 11771786), 8122 S Evans (MLS# 11771960), and 7841 S Drexel (MLS# 11771983).

Last Agent to Sell the Property

Tim Lorimer

Compass Listed on: 05/01/2023

Compass

Co-Listed By

Michael Mandile

Compass License #475174712

Last Buyer's Agent

Janina Farr

Coldwell Banker Realty License #475119631

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1904 | Remodeled in 2010

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1904 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 11
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3780
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4423.97
  • Tax Year: 2021

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
06/26/2023 06/26/23 Sold $340,000 +3.0% --
05/24/2023 05/24/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $330,000 0.0% --
11/15/2017 11/15/17 Rented $1,000 -20.0% --
11/04/2017 11/04/17 Under Contract -- -- --
10/25/2017 10/25/17 For Rent $1,250 -- --
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 $4,642 $33,000 $1,890 $31,110
2024 $4,642 $33,000 $1,890 $31,110
2023 $4,525 $22,000 $2,835 $19,165
2022 $4,525 $22,000 $2,835 $19,165
2021 $4,424 $22,000 $2,835 $19,165
2020 $3,182 $14,282 $2,835 $11,447
2019 $3,224 $16,048 $2,835 $13,213
2018 $3,170 $16,048 $2,835 $13,213
2017 $3,497 $16,245 $2,457 $13,788
2016 $3,254 $16,245 $2,457 $13,788
2015 $2,977 $16,245 $2,457 $13,788
2014 $2,664 $14,356 $2,268 $12,088
2013 $2,611 $14,356 $2,268 $12,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11771871

Midwest Real Estate Data (MRED)