NOT LISTED FOR SALE
10 Beds
4 Baths
-- Sq Ft
1965 Built

Last Sold March 23, 2023

Last sale price $390,000

237 Days on Market

About This Home

As of March 2023

Rarely available Chatham 4-unit building, reactivated! Attention Investors and Owner Occupants! This 4-Unit Multifamily Buildings is Newly Available! Sitting in East Chatham, this property is conveniently located to public transport, shopping and interstate access. Nearby amenities include: shopping at Chatham Village Square, Metra access at 87th and 83rd and local bus lines. This building has been updated throughout where two units feature 3 bedrooms and two units features 2 bedrooms, one bathroom, a spacious eat-in kitchen and a large front living room. Each unit also features its own washer and dryer and parking space, which can be rented out separately. Don't wait and miss this opportunity to own a 4-unit multifamily in Chicago's rapidly developing East Chatham neighborhood. Potential Rent is $4,150/mo | $49,800 annually.

Last Agent to Sell the Property

Jon Garrity

PIP Realty Group License #475181625 Listed on: 06/01/2022

Last Buyer's Agent

Earick Rayburn

Rayburn Realty Group INC License #471014672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1965 | Remodeled in 2017

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Lot Details

  • Lot Dimensions are 25x125

Utilities

  • Heating Available
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,031

Year Built

Built in 1965 | Remodeled in 2017

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 4030.98
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat
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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
03/23/2023 03/23/23 Sold $390,000 +2.7% --
01/30/2023 01/30/23 Price Changed $379,900 0.0% --
01/30/2023 01/30/23 For Sale $379,900 -2.6% --
01/25/2023 01/25/23 Pending -- -- --
01/12/2023 01/12/23 Off Market $390,000 -- --
01/08/2023 01/08/23 For Sale $355,000 0.0% --
12/23/2022 12/23/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $355,000 0.0% --
11/04/2022 11/04/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $355,000 0.0% --
08/30/2022 08/30/22 For Sale $355,000 -6.1% --
07/01/2022 07/01/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $377,900 -0.3% --
06/15/2022 06/15/22 Price Changed $378,900 -0.3% --
06/01/2022 06/01/22 For Sale $379,900 -- --
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 $5,486 $31,200 $2,883 $28,317
2024 $5,486 $31,200 $2,883 $28,317
2023 $5,348 $26,000 $4,805 $21,195
2022 $5,348 $26,000 $4,805 $21,195
2021 $5,228 $26,000 $4,805 $21,195
2020 $4,031 $18,095 $3,459 $14,636
2019 $4,131 $20,563 $3,459 $17,104
2018 $4,062 $20,563 $3,459 $17,104
2017 $4,144 $19,249 $3,075 $16,174
2016 $4,112 $20,530 $3,075 $17,455
2015 $3,762 $20,530 $3,075 $17,455
2014 $3,074 $16,566 $2,690 $13,876
2013 $3,013 $16,566 $2,690 $13,876
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11421361

Midwest Real Estate Data (MRED)
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