NOT LISTED FOR SALE

7724 S Phillips Ave Chicago, IL 60649

South Shore Neighborhood
72 Beds
36 Baths
-- Sq Ft
1912 Built

Last Sold August 13, 2015

Last sale price $129,000

156 Days on Market

About This Home

As of August 2015

MULTI-FAMILY BRICK RESIDENTIAL SIX UNIT BUILDING IN DECENT CONDITION, TWO UNITS RENTED, INDIVIDUAL FURNANCE AND HOT WATER TANKS EACH UNIT, NEW BACK PORCHES, FULL UNFINISHED BASEMENT WITH TOILET AND EXTERIOR EXIST, 6 CAR BRICK GARAGE, LARGE LIVING ROOM TWO GOOD SIZE BEDROOMS, SEPARATE DINING, HARDWOOD FLOORING, SOME UNITS HAVE CARPET OVER HW. GREAT PROPERTY TO UPDATE AND RENT. GROSS INCOME $15,600

Last Agent to Sell the Property

Norma Lawson

EXIT Strategy Realty License #475154858 Listed on: 11/21/2014

EXIT Strategy Realty

Last Buyer's Agent

David Thomas

Blue Door Dave Inc License #471020400

Property Details

Home Type

  • Multi-Family

Year Built

  • 1912

Home Design

  • Brick Exterior Construction

Community Details

  • Insurance Expense $3,000

Listing and Financial Details

  • Tenant pays for electric, heat
  • $9,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 15600
  • Total Annual Income: 15600
  • Total Monthly Income: 1300
  • Number Of Stories: 3
  • Estimated Year Built: 1912
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1912

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: Detached
  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Gas
  • Water Expense: 2500

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 1200

Lot Info

  • Lot Dimensions: 7440
  • Parcel Identification Number: 21303180200000

Rental Info

  • Gross Rental Income: 15600
  • Tenant Pays: Electric, Heat

Multi Family

  • Insurance Expense: 3000

Tax Info

  • Taxes: 4508.03

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
08/13/2015 08/13/15 Sold $129,000 -44.8% --
04/26/2015 04/26/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $233,750 -- --
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 $3,745 $46,200 $5,580 $40,620
2024 $3,745 $46,200 $5,580 $40,620
2023 $3,616 $21,000 $9,300 $11,700
2022 $3,616 $21,000 $9,300 $11,700
2021 $3,553 $21,000 $9,300 $11,700
2020 $3,755 $19,957 $6,696 $13,261
2019 $3,867 $22,679 $6,696 $15,983
2018 $3,801 $22,679 $6,696 $15,983
2017 $5,771 $30,185 $5,952 $24,233
2016 $5,546 $30,185 $5,952 $24,233
2015 $5,051 $30,185 $5,952 $24,233
2014 $4,610 $27,416 $5,208 $22,208
2013 $4,508 $27,416 $5,208 $22,208
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Norma Lawson

    EXIT Strategy Realty

    Section Image
  • David Thomas

    Buyer's Agent in 2015

    David Thomas

    Blue Door Dave Inc

    (773) 301-7966

    10 in this area

    155 Total Sales

    David Thomas
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08791054

Midwest Real Estate Data (MRED)

APN: 21303180200000

Illinois Cook County Chicago 60649 South Shore

7724 S Phillips Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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