NOT LISTED FOR SALE

7949 S Saint Lawrence Ave Chicago, IL 60619

Chatham Neighborhood
10 Beds
6 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold March 03, 2021

Last sale price $325,000

104 Days on Market

About This Home

As of March 2021

Renovated and fully occupied 6-unit building and 4-car garage with all the updates. Newer boiler, hot water heater, copper plumbing, newer porches, windows, laundry room, glass block windows, etc. Four of the six units have been converted to 2-bedrooms. Average rent is $846. Excellent opportunity to earn 12-17% Cash-on-Cash annual return depending on management arrangement. Total return projected at over 26% per year. Showings are available for qualified and financeable investors on an appointment basis. Buyer's agent must accompany his/her client.

Last Agent to Sell the Property

Rob Thompson

Realty Asset Advisors LLC License #471021162 Listed on: 08/27/2020

Last Buyer's Agent

Jeffrey Osuji

Kale Realty License #475190864

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 4,356

Community Details

  • Fuel Expense $9,040
  • Insurance Expense $2,775

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Net Oper Income: 30830
  • Repairs Decor Expense: 2726
  • Scavenger Expense: 835
  • Total Annual Exp: 25452
  • Total Annual Income: 61700
  • Total Monthly Income: 5075
  • Number Of Stories: 2
  • Estimated Year Built: 1925
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Exterior Features

  • Acreage: 0.1

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Central Bldg Heat, Steam
  • Water Expense: 3086

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 493
  • Janitor Expense: 1830

Lot Info

  • Lot Dimensions: 4712
  • Parcel Identification Number: 20342040180000

Rental Info

  • Gross Rental Income: 60900
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 9040
  • Insurance Expense: 2775
  • Other Expenses: 1683

Tax Info

  • Taxes: 2984

Range of Values:

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 Change Sq Ft Price
03/03/2021 03/03/21 Sold $325,000 0.0% --
02/28/2021 02/28/21 Off Market $325,000 -- --
12/09/2020 12/09/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $345,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rob Thompson

    Realty Asset Advisors LLC

    (773) 672-7335

    1 in this area

    14 Total Sales

    Rob Thompson
    Section Image
  • Jeffrey Osuji

    Buyer's Agent in 2021

    Jeffrey Osuji

    Kale Realty

    1 in this area

    47 Total Sales

    Jeffrey Osuji
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10838408

Midwest Real Estate Data (MRED)

APN: 20342040180000

Illinois Cook County Chicago 60619 Chatham

7949 S Saint Lawrence Ave, Chicago, IL

This home is located at 7949 S Saint Lawrence Ave, Chicago, IL 60619 since 27 August 2020. This property was built in 1925. 7949 S Saint Lawrence Ave is a home located in Cook County with nearby schools including Dixon Elementary School, Emil G. Hirsch Metropolitan High School, and Betty Shabazz Academy.

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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes