$620,000
SOLD APR 8, 2025
-- Bed
-- Bath
5,421 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

5% Below List Price

42 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • ENERGY STAR Qualified Water Heater

About This Home

As of April 2025

Your turnkey investment property awaits in Auburn Gresham! Nestled on a quiet, one-way street in a thriving neighborhood. Featuring 6 spacious 2-bedroom units. 5 out of 6 units are occupied with solid tenants. The entire building underwent a complete renovation in 2020, while carefully preserving some of its original historic charm. Renovations include: New plumbing, windows, heating systems, electrical system/panels, and TANKLESS WATER HEATERS for each unit! Kitchens feature upgraded stainless steel appliances and new counter tops. Hardwood floors throughout. Freshly painted common area and hallways. Fully fenced with security gates. Common area coin-laundry and storage resides in the basement. The 3-car garage is located in the rear for additional income. All 3 garage doors are brand new! Minutes from the 79th Street Corridor, Dan Ryan, and Metra. This cash-flowing property, meticulously maintained and expertly crafted, offers a prime investment in a sought-after location. Schedule your tour now!

Last Agent to Sell the Property

Kristina Fleischman

Village Realty Inc License #475193009 Listed on: 12/19/2024

Village Realty Inc

Last Buyer's Agent

Juan Loza

American International Realty License #475103946

American International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1927

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Laundry Room

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $2,400
  • Maintenance Expense $1,500
  • Trash Expense $2,040
  • Water Sewer Expense $1,000
  • Operating Expense $10,400
  • Gross Income $104,400
  • Net Operating Income $94,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Storage Space
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof Structure: Flat
  • Misc Outside: Security Gate

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 2040
  • Water Sewer Expenses: 1000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4000
  • Lot Size Sq Ft: 4000
  • Zoning: MULTI

Green Features

  • GreenEnergyEfficient: Water Heater

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 94000
  • Insurance Expense: 2400
  • ElectricExpense: 360
  • GrossIncome: 104400
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 10400
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 4219.8
  • Tax Year: 2023

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
04/08/2025 04/08/25 Sold $620,000 -4.6% $114 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $649,900 -- $120 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12219019

Midwest Real Estate Data (MRED)

APN: 20312060240000