NOT LISTED FOR SALE

Estimated Value: $149,000 - $178,000

6 Beds
2 Baths
1,272 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 12, 2025

Last sale price $160,000 $126 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,011/month

111 Days on Market

Highlights

  • 2 Car Detached Garage
  • 5-minute walk to 83Rd Street Station
  • Paved or Partially Paved Lot
  • Heating System Uses Steam

About This Home

As of February 2025

This 2-unit building is located in the heart of South Chicago, offering a prime location close to shopping, dining, and public transportation. Each spacious unit boasts 3 bedrooms and 1 bathroom, providing ample living space for residents. Long-term tenants currently occupy both units on month-to-month leases, offering stability and immediate cash flow. The building generates a gross rental income of $2000/month, with tenants responsible for their own electric and gas utilities. A detached garage is included, providing additional income potential or storage space. While the garage requires some TLC, the solid brick construction of the building provides a foundation for any renovation plans. Don't miss this chance to own an income property in a thriving neighborhood!

Last Agent to Sell the Property

Timothy Good

Keller Williams Preferred Rlty License #475162054 Listed on: 08/06/2024

Keller Williams Preferred Rlty

Last Buyer's Agent

JC Gonzalez

Cloud Gate Realty LLC License #471021849

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 1965

Lot Details

  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,110

Year Built

Built in 1965

Lot Details

4,008 Sq Ft Lot

Parking

2

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): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: .092
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2109.9
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Feb 11, 2025
Sold by
Mathis Cory
Bought by
Cruz Anthony Solis
Seller's Agent
Timothy Good
Keller Williams Preferred Rlty
Buyer's Agent
JC Gonzalez
Cloud Gate Realty LLC
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Views
29
Current Estimated Value
$162,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,025
Avg. Annual Appreciation
1.24%
Original Mortgage
$152,000
Outstanding Balance
$150,703
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$11,322

Purchase Details

Closed on
Aug 22, 2017
Sold by
Bp Express Construction Inc
Bought by
Mathis Cory

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 1, 2016
Sold by
U S Bank Trust Na
Bought by
Bp Express Construction Inc
Seller's Agent
Mehmed Vulic
Core Realty & Investments Inc.
Buyer's Agent
Mihaela Pintilie
Century 21 S.G.R., Inc.
List Price
$24,900
Sold Price
$25,100
Premium/Discount to List
$200
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Radford David
Bought by
Us Bank Trust National Association

Purchase Details

Closed on
Feb 3, 1994
Sold by
Cantele Francis J and Cantele Ernestina
Bought by
Radford David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,850
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cruz Anthony Solis $160,000 Old Republic Title
Mathis Cory $155,000 None Available
Bp Express Construction Inc $25,500 Chicago Title Insurance Comp
Us Bank Trust National Association -- Attorney
Radford David $53,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Anthony Solis $152,000
Previous Owner Radford David $80,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2025 02/12/25 Sold $160,000 -5.9% $126 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $170,000 -5.6% $134 / Sq Ft
08/06/2024 08/06/24 For Sale $180,000 +617.1% $142 / Sq Ft
11/01/2016 11/01/16 Sold $25,100 +0.8% $20 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $24,900 -- $20 / Sq Ft
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 $2,110 $10,000 $3,000 $7,000
2024 $2,110 $10,000 $3,000 $7,000
2023 $2,057 $10,000 $4,000 $6,000
2022 $2,057 $10,000 $4,000 $6,000
2021 $2,011 $10,000 $4,000 $6,000
2020 $2,292 $10,287 $4,000 $6,287
2019 $2,297 $11,431 $4,000 $7,431
2018 $2,258 $11,431 $4,000 $7,431
2017 $2,718 $12,627 $3,600 $9,027
2016 $2,029 $12,627 $3,600 $9,027
2015 $1,833 $12,627 $3,600 $9,027
2014 $1,347 $9,826 $2,800 $7,026
2013 $1,309 $9,826 $2,800 $7,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12131471

Midwest Real Estate Data (MRED)

APN: 21-31-219-022-0000

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