NOT LISTED FOR SALE

7918 S Ellis Ave Chicago, IL 60619

Grand Crossing Neighborhood
8 Beds
8 Baths
-- Sq Ft
1963 Built

Last Sold December 21, 2020

Last sale price $315,000

36 Days on Market

About This Home

As of December 2020

This 8 Unit Exterior Access Building Could Be A Great Beginning To Your Investment Legacy, Or Used To Capture Advantage From Your Current Occupancy Overflow At Your Existing Properties, Either Way This 8 Unit At The Tree Lined South Ellis Is Capable Of Meeting A Range Of Investors' Needs. The Property Consists Of 8 Well Maintained Identical 1 Bed/1 Bath Rental Units With Long Term Consistent Tenants. The Property Features A Low Pitch Asphalt Shingle Roof, Sturdy Porch, Multiple Private Parking Spaces, Professional Brick Work, Wrought Iron Security Fence With Intercom System, On-Site Laundry Facility Set On A Dual Lot.

Last Agent to Sell the Property

Jason Wilkins

Rose Realty Group License #471014528 Listed on: 08/25/2020

Last Buyer's Agent

Brian Cunningham

Brian Cunningham License #471020257

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Community Details

  • Fuel Expense $3,990
  • Insurance Expense $3,681

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1963

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: General Partnership
  • Estimated Age: 36-50 Years
  • Net Oper Income: 46274
  • Scavenger Expense: 1200
  • Total Annual Exp: 8890
  • Total Annual Income: 58200
  • Total Monthly Income: 4850
  • Number Of Stories: 2
  • Estimated Year Built: 1963
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1963

Exterior Features

  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heatventilation: Central Bldg Heat, Hot Water
  • Water Expense: 3300

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 400

Lot Info

  • Lot Dimensions: 40X125
  • Parcel Identification Number: 20351030240000

Rental Info

  • Gross Rental Income: 4850
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3990
  • Insurance Expense: 3681

Tax Info

  • Taxes: 3035.80
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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
12/21/2020 12/21/20 Sold $315,000 -10.0% --
09/30/2020 09/30/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $349,900 -- --
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 $2,826 $19,150 $4,844 $14,306
2024 $2,754 $19,150 $4,844 $14,306
2023 $2,754 $13,395 $2,813 $10,582
2022 $2,754 $13,395 $2,813 $10,582
2021 $2,693 $13,392 $2,812 $10,580
2020 $3,366 $15,110 $2,812 $12,298
2019 $3,036 $15,110 $2,812 $12,298
2018 $2,985 $15,110 $2,812 $12,298
2017 $3,223 $14,973 $2,343 $12,630
2016 $2,999 $14,973 $2,343 $12,630
2015 $2,744 $14,973 $2,343 $12,630
2014 $2,629 $14,168 $2,343 $11,825
2013 $2,577 $14,168 $2,343 $11,825
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jason Wilkins

    Rose Realty Group

    (708) 331-3800

    19 Total Sales

    Jason Wilkins
    Section Image
  • Brian Cunningham

    Buyer's Agent in 2020

    Brian Cunningham

    Brian Cunningham

    (312) 528-3229

    1 in this area

    28 Total Sales

    Brian Cunningham
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10829623

Midwest Real Estate Data (MRED)

APN: 20351030240000

Illinois Cook County Chicago 60619 Grand Crossing

7918 S Ellis 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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