Seller's Agent in 2023
Tim Lorimer
Compass
(630) 546-0254
1 in this area
243 Total Sales
7658 S Union Ave Chicago, IL 60620
Auburn Gresham Neighborhood
11
Beds
3
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of June 2023Incredible 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).
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2023
Closed on
Jun 17, 2023
Sold by
Bought by
Seller's Agent
Tim Lorimer
Compass
Buyer's Agent
Janina Farr
Coldwell Banker Realty
List Price
$330,000
Sold Price
$340,000
Premium/Discount to List
$10,000
3.03%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
7.62%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 25, 2017
Closed on
Oct 18, 2017
Sold by
Bought by
Seller's Agent
Yvette Jones
Real People Realty
Buyer's Agent
Yvette Jones
Real People Realty
Sold Price
$1,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
3.54%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 27, 2009
Sold by
Bought by
Purchase Details
Closed on
Aug 23, 2007
Sold by
Bought by
Purchase Details
Closed on
Jul 21, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 21, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,333
Interest Rate
5.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 9, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,860
Interest Rate
7.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 2, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $340,000 | None Listed On Document | ||
| $200,000 | Chicago Title | ||
| -- | Attorney | ||
| $32,500 | First American | ||
| -- | None Available | ||
| $292,000 | Ticor | ||
| $82,000 | Metropolitan Title Co | ||
| $95,500 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $298,116 | ||
| Closed | $333,841 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $90,500 | ||
| Previous Owner | $290,000 | ||
| Previous Owner | $133,333 | ||
| Previous Owner | $85,860 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Tim Lorimer
-
Michael Mandile
Seller Co-Listing Agent in 2023
Michael Mandile
Compass
(630) 546-0254
1 in this area
226 Total Sales
-
Janina Farr
Buyer's Agent in 2023
Janina Farr
Coldwell Banker Realty
(773) 915-3900
8 in this area
47 Total Sales
-
Yvette Jones
Seller's Agent in 2017
Yvette Jones
Real People Realty
(312) 593-8901
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11771871
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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