D
Seller's Agent in 2023
Danny Logarakis
Kiser Group Realty Inc
827 N Marshfield Ave Chicago, IL 60622
East Village Neighborhood
9
Beds
7
Baths
5,002
Sq Ft
1900
Built
About This Home
As of June 2023827 N. Marshfield is located in the West Town neighborhood of Chicago and consists of 5 nicely updated apartments. The property consists of two structures. The front building is made up of two 2-bedroom units and one 3bedroom unit. The rear building is made up of two 1-bedroom units. The units have all be updated to a consistent level of finish. 827 Marshfield is conveniently located near the intersection of Chicago Avenue and Ashland Avenue. This location offers tenants proximity to a variety of shopping, dining and transportation options that make this a desirable rental location. This offer presents a new owner with an opportunity to acquire a well maintained building in a highly sought after and convenient location. Due to the below market rents, the buyer will have the opportunity to increase cash flow and generate a high return by implementing a more aggressive leasing and management strategy.
Last Agent to Sell the Property
Danny Logarakis
Kiser Group Realty Inc License #475165250 Listed on: 12/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,444
Year Built
- Built in 1900
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Additional Features
- 3-Story Property
- Lot Dimensions are 25' x 130'
- Floor Furnace
Listing and Financial Details
- Tenant pays for electricity, heat, hot water
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $600
- Insurance Expense $4,204
- Maintenance Expense $2,125
- Manager Expense $4,172
- Other Expense $2,843
- Water Sewer Expense $1,236
- Operating Expense $37,388
- Gross Income $109,800
- Net Operating Income $66,922
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Sold | $1,180,000 | -1.7% | $236 / Sq Ft |
| 04/30/2023 04/30/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | Price Changed | $1,200,000 | -5.9% | $240 / Sq Ft |
| 03/22/2023 03/22/23 | For Sale | $1,275,000 | -- | $255 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,573 | $110,920 | $28,275 | $82,645 |
| 2024 | $15,573 | $110,920 | $28,275 | $82,645 |
| 2023 | $15,136 | $73,589 | $22,750 | $50,839 |
| 2022 | $15,136 | $73,589 | $22,750 | $50,839 |
| 2021 | $21,444 | $106,640 | $22,750 | $83,890 |
| 2020 | $17,484 | $78,487 | $11,050 | $67,437 |
| 2019 | $17,521 | $87,209 | $11,050 | $76,159 |
| 2018 | $18,600 | $94,161 | $11,050 | $83,111 |
| 2017 | $19,061 | $88,543 | $9,750 | $78,793 |
| 2016 | $17,734 | $88,543 | $9,750 | $78,793 |
| 2015 | $16,225 | $88,543 | $9,750 | $78,793 |
| 2014 | $6,716 | $36,195 | $8,125 | $28,070 |
| 2013 | $9,257 | $50,897 | $8,125 | $42,772 |
Source: Public Records
Agents Affiliated with this Home
-
-
Young Kang
Buyer's Agent in 2023
Young Kang
Partners 4U Realty Inc
(847) 738-9121
1 in this area
8 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11742525
APN: 17064400060000
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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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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