NOT LISTED FOR SALE
9 Beds
6 Baths
7,311 Sq Ft
5,166 Sq Ft Lot Lot

Sale Details

Date Sold: August 18, 2023

Last sale price $480,000 $66 Per Sq Ft

61 Days on Market

Highlights

  • Property is near public transit
  • 6 Fireplaces
  • 3-minute walk to 83Rd Street (Avalon Park) Station

About This Home

As of August 2023

Strong Performing Investment opportunity in Chicago's Chatham neighborhood: 3-story brick multifamily property with 6 spacious units, three 2 bedrooms and three 1 bedrooms, all with 1 bathroom. Hardwood flooring in most of the apartments with, large windows, ample closet space, and enclosed porch. The four-car garage is located in the rear for additional income. Located in a thriving neighborhood with a vibrant culture, dining and shopping, This building has easy access to the city's best entertainment options. Schedule a tour today to add this excellent investment option to your real estate portfolio.

Last Agent to Sell the Property

Maikol Akintonde

Real People Realty License #471004463 Listed on: 02/16/2023

Real People Realty

Co-Listed By

Jaye Stovall

Coldwell Banker Realty License #475191329

Last Buyer's Agent

Maikol Akintonde

Real People Realty License #471004463 Listed on: 02/16/2023

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1928

Lot Details

  • 5,166 Sq Ft Lot
  • Lot Dimensions are 41 x 127

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Reflective Roof

Interior Spaces

  • 7,311 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1928

Lot Details

5,166 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Fireplaces: 6
  • Possible Use: Multi-Family
  • Basement Description: Unfinished
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Roof: Reflective Coating
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Enclosed Porch,Enclosed Stairs,Security Lighting,Storms and Screens (as exist)

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Gas,Radiators

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 41 X 127
  • Lot Size Sq Ft: 5166
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 7311
  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 4423.77
  • Tax Year: 2021
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/18/2023 08/18/23 Sold $480,000 -4.0% $66 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $500,000 +122.2% $68 / Sq Ft
03/21/2017 03/21/17 Sold $225,000 -18.2% -- View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $275,000 -- --
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 $4,642 $36,801 $3,875 $32,926
2024 $4,642 $36,801 $3,875 $32,926
2023 $4,525 $22,001 $6,458 $15,543
2022 $4,525 $22,001 $6,458 $15,543
2021 $4,424 $21,999 $6,457 $15,542
2020 $3,861 $17,332 $4,649 $12,683
2019 $3,957 $19,696 $4,649 $15,047
2018 $3,891 $19,696 $4,649 $15,047
2017 $5,583 $25,933 $4,132 $21,801
2016 $5,194 $25,933 $4,132 $21,801
2015 $4,752 $25,933 $4,132 $21,801
2014 $4,878 $26,291 $3,616 $22,675
2013 $4,782 $26,291 $3,616 $22,675
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11720615

Midwest Real Estate Data (MRED)

APN: 20353030090000

Your Personal Tour Guide

Ask me questions while you tour the home.