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
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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
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

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 $5,064 $38,200 $3,534 $34,666
2024 $5,064 $38,200 $3,534 $34,666
2023 $4,936 $24,000 $5,890 $18,110
2022 $4,936 $24,000 $5,890 $18,110
2021 $4,826 $24,000 $5,890 $18,110
2020 $2,892 $16,085 $4,240 $11,845
2019 $2,984 $18,279 $4,240 $14,039
2018 $2,932 $18,279 $4,240 $14,039
2017 $4,202 $22,897 $3,769 $19,128
2016 $4,086 $22,897 $3,769 $19,128
2015 $3,715 $22,897 $3,769 $19,128
2014 $3,361 $20,681 $3,298 $17,383
2013 $3,283 $20,681 $3,298 $17,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10838408

Midwest Real Estate Data (MRED)

APN: 20342040180000