Seller's Agent in 2018
Steven Rapoport
Chicago Real Estate Resources
(847) 863-2707
23 Total Sales
7748 S Colfax Ave Chicago, IL 60649
South Shore Neighborhood
21
Beds
12
Baths
--
Sq Ft
1922
Built
About This Home
As of February 201814.90% Cap rate. Turnkey investment opportunity located in the South Shore neighborhood of Chicago walking distance to Rainbow Beach and two Metra train stations (Windsor Park & Cheltenham). This trophy property offers tenants modern kitchens with granite counter-tops and stainless steel appliances. The bathrooms have been completely remodeled with the master bathrooms offering granite topped double vanity sinks and modern tile flooring. Each unit features: tenant paid central heat and AC, updated bathrooms, newer wooden rear staircase, new copper plumbing, new electrical and updated vinyl windows. The basement contains on-site laundry hookups and a seventh one bedroom (non-conforming) apartment that requires rehab. To the back of the site, there is a six-car garage. This property could be purchased as a package deal with 7734-7736 S Kingston Ave. Contact listing agent for additional information.
Last Agent to Sell the Property
Chicago Real Estate Resources License #471006648 Listed on: 12/01/2017
Property Details
Home Type
- Multi-Family
Year Built
- 1922
Home Design
- Brick Exterior Construction
- Slab Foundation
Utilities
- Central Air
Listing and Financial Details
- Tenant pays for air conditioning, electric, heat
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2018 02/23/18 | Sold | $520,000 | -3.5% | -- |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 12/01/2017 12/01/17 | For Sale | $539,000 | -- | -- |
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 | $5,505 | $55,200 | $5,580 | $49,620 |
| 2024 | $5,505 | $55,200 | $5,580 | $49,620 |
| 2023 | $5,348 | $26,000 | $9,300 | $16,700 |
| 2022 | $5,348 | $26,000 | $9,300 | $16,700 |
| 2021 | $5,228 | $26,000 | $9,300 | $16,700 |
| 2020 | $5,695 | $25,564 | $6,696 | $18,868 |
| 2019 | $5,837 | $29,050 | $6,696 | $22,354 |
| 2018 | $5,738 | $29,050 | $6,696 | $22,354 |
| 2017 | $7,573 | $35,179 | $5,952 | $29,227 |
| 2016 | $7,046 | $35,179 | $5,952 | $29,227 |
| 2015 | $6,446 | $35,179 | $5,952 | $29,227 |
| 2014 | $6,364 | $34,298 | $5,208 | $29,090 |
| 2013 | $6,238 | $34,298 | $5,208 | $29,090 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Rapoport
-
Keith Hatzfeld
Buyer's Agent in 2018
Keith Hatzfeld
Homeriver Illinois LLC
(815) 260-6066
2 in this area
127 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09810194
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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