NOT LISTED FOR SALE

7831 S Union Ave Chicago, IL 60620

Auburn Gresham Neighborhood
13 Beds
6 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold June 10, 2019

Last sale price $228,888

29 Days on Market

About This Home

As of June 2019

TURN-KEY OPERATION IN PLACE. LEGAL 4 UNITS WITH A PLEASANTLY UNIQUE LAY-OUT FEATURING 5 AND 4 BEDROOM UNITS WITH 2 BATHS TO MAXIMIZE RENTAL POTENTIAL. RECENTLY UPDATED WITH A MANAGING TEAM IN PLACE, THIS GORGEOUS GIANT WOULD BE A GREAT ADDITION TO A PORTFOLIO AS A CASH FLOW INVESTMENT! ONLY ONE VACANT UNIT TO SHOW. THREE STRONG LEASES WITH TODAY'S MARKET RENT VALUE. RENT ROLL BRINGING IN OVER $3,000 PER MONTH

Last Agent to Sell the Property

The Galarza Team

Century 21 New Beginnings License #475113749 Listed on: 02/18/2019

Century 21 New Beginnings

Co-Listed By

Margarita Galarza

Century 21 New Beginnings License #475136360

Last Buyer's Agent

Cinnamon Allison

Illinois Real Estate Partners License #475159540

Illinois Real Estate Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1905 | Remodeled in 2019

Lot Details

  • 4,792

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,792 Sq Ft Lot

Community Details

  • 4 Units
  • 4 Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,010

Year Built

Built in 1905 | Remodeled in 2019

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 13
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 5040
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 4009.81
  • Tax Year: 2017

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,4 Story Unit/s
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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
06/10/2019 06/10/19 Sold $228,888 0.0% --
03/19/2019 03/19/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $228,888 0.0% --
02/25/2019 02/25/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $228,888 -- --
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 $3,798 $27,000 $2,520 $24,480
2024 $3,798 $27,000 $2,520 $24,480
2023 $3,702 $18,000 $3,780 $14,220
2022 $3,702 $18,000 $3,780 $14,220
2021 $3,620 $18,000 $3,780 $14,220
2020 $3,665 $16,451 $3,780 $12,671
2019 $3,714 $18,485 $3,780 $14,705
2018 $3,651 $18,485 $3,780 $14,705
2017 $4,010 $18,627 $3,276 $15,351
2016 $3,731 $18,627 $3,276 $15,351
2015 $3,413 $18,627 $3,276 $15,351
2014 $3,074 $16,566 $3,024 $13,542
2013 $3,013 $16,566 $3,024 $13,542
Source: Public Records

Agents Affiliated with this Home

  • The Galarza Team

    Seller's Agent in 2019

    The Galarza Team

    Century 21 New Beginnings

    (773) 245-3445

    16 in this area

    538 Total Sales

    The Galarza Team
    Section Image
  • Margarita Galarza

    Seller Co-Listing Agent in 2019

    Margarita Galarza

    Century 21 New Beginnings

    (773) 259-1337

    11 Total Sales

    Margarita Galarza
    Section Image
  • Cinnamon Allison

    Buyer's Agent in 2019

    Cinnamon Allison

    Illinois Real Estate Partners

    (708) 969-0098

    4 in this area

    67 Total Sales

    Cinnamon Allison
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10275245

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60620 Auburn Gresham

7831 S Union Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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