NOT LISTED FOR SALE

7833 S Union Ave Chicago, IL 60620

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

Last Sold April 08, 2014

Last sale price $35,000

14 Days on Market

About This Home

As of April 2014

Approved short sale, at spectacular price. Fast, fast, fast response and closing. High current rental income potential. 3 vacancies and 1 unit rented. Needs Work As-Is, As-Seen. Common heat, long term tenants. Make your appointment today.

Last Agent to Sell the Property

Mark Alleman

Alleman & Alleman Realty License #471013590 Listed on: 02/10/2014

Last Buyer's Agent

Dona Crane

EXIT Strategy Realty License #475108288

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

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

Overview

  • 4 Units
  • 4 Unit

Building Details

  • Gross Income $43,800
  • Net Operating Income $36,025

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

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
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: 12
  • Property Sub Type: MultiFamily

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

Fee Information

  • Other Expenses $: 7775

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: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 36025
  • GrossIncome: 43800
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,4 Story Unit/s

Tax Info

  • Tax Annual Amount: 3152.93
  • Tax Year: 2011
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/08/2014 04/08/14 Sold $35,000 -58.8% --
02/24/2014 02/24/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $85,000 -- --
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 $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

  • M

    Seller's Agent in 2014

    Mark Alleman

    Alleman & Alleman Realty

    (773) 434-4400

    1 in this area

    27 Total Sales

    Mark Alleman
    Section Image
  • Dona Crane

    Buyer's Agent in 2014

    Dona Crane

    EXIT Strategy Realty

    (773) 418-0202

    18 Total Sales

    Dona Crane
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08533428

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

7833 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.