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

Coldwell Banker Realty License #471004463 Listed on: 02/16/2023

Coldwell Banker Realty

Co-Listed By

Jaye Stovall

Coldwell Banker Realty License #475191329

Last Buyer's Agent

Maikol Akintonde

Coldwell Banker Realty License #471004463 Listed on: 02/16/2023

Coldwell Banker Realty
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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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$480,000 Chicago Title
Chicago Title Land Trust Co $225,000 Chicago Title
Reaves Richard -- Chicago Title Land Trust Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $384,000
Previous Owner Chicago Title Land Trust Co $200,000
Source: Public Records

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 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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11720615

Midwest Real Estate Data (MRED)

APN: 20353030090000

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