NOT LISTED FOR SALE

8029 S Champlain Ave Chicago, IL 60619

Chatham Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 16, 2020

Last sale price $265,000

19 Days on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Fenced Yard
  • Property is near a park
  • Sitting Room
  • 3 Car Detached Garage

About This Home

As of April 2020

Be your own landlord and live rent free. Why pay rent, collect it! Invest in this brick 2-flat with related living located in the heart of Chatham. Unit features include living room, separate dining room, 2 bedrooms plus office on each floor with a 3 car garage. Additional amenities include wrought iron secured fencing, gleaming hardwood floor throughout, decorative fireplaces with built-in shelves, updated kitchen and baths, newer windows, convenient laundry facility and new back porch. Conveniently located near stores, public transportation and minutes from downtown. Ideal opportunity coupled with reasonable price & exceptional quality equals real estate.

Last Agent to Sell the Property

Sybil Martin

Coldwell Banker Realty License #471008659 Listed on: 01/29/2020

Coldwell Banker Realty

Co-Listed By

Paulette Edwards

Coldwell Banker Realty License #471011238

Coldwell Banker Realty

Last Buyer's Agent

Paulette Edwards

Coldwell Banker Realty License #471011238

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1925 | Remodeled in 2018

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x124
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • American Four Square Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sitting Room
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Fuel Expense $2,083
  • Insurance Expense $1,158
  • Water Sewer Expense $754
  • Gross Income $33,528
  • Net Operating Income $26,434

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1925 | Remodeled in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq., Traditional
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Intercom, Ceiling Fan(s), Sprinkler-Lawn
  • Room Type: Enclosed Porch, Sitting Room
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Fireplace-Artificial,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Fireplace-Artificial,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 754

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X124
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 26434
  • Fuel Expense: 2083
  • Insurance Expense: 1158
  • GrossIncome: 33528
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3099.51
  • Tax Year: 2018
  • Tax Exemptions: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Prior Sale
04/16/2020 04/16/20 Sold $265,000 +3.9% --
02/17/2020 02/17/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $255,000 +56.0% --
06/22/2018 06/22/18 Sold $163,500 -3.8% -- View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $170,000 0.0% --
05/03/2018 05/03/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $170,000 0.0% --
04/13/2018 04/13/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $170,000 +6.3% --
03/24/2018 03/24/18 For Sale $160,000 0.0% --
12/18/2017 12/18/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $160,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sybil Martin

    Seller's Agent in 2020

    Sybil Martin

    Coldwell Banker Realty

    (773) 491-7217

    6 in this area

    171 Total Sales

    Sybil Martin
    Section Image
  • Paulette Edwards

    Seller Co-Listing Agent in 2020

    Paulette Edwards

    Coldwell Banker Realty

    (773) 837-0383

    6 in this area

    149 Total Sales

    Paulette Edwards
    Section Image
  • Carol Moore

    Seller's Agent in 2018

    Carol Moore

    Keller Williams Preferred Rlty

    (708) 339-1000

    2 in this area

    169 Total Sales

    Carol Moore
    Section Image
  • Sheila Barney-Shannon

    Buyer's Agent in 2018

    Sheila Barney-Shannon

    26.2 Realty, Inc

    (773) 491-8812

    2 in this area

    126 Total Sales

    Sheila Barney-Shannon
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10622427

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60619 Chatham

8029 S Champlain Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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