
8602 S Aberdeen St Chicago, IL 60620
Auburn Gresham NeighborhoodAbout This Home
As of March 2022Turnkey Investment Property!! Excellent and quiet location in Gresham. Building has been expertly rehabbed already. Pictures represent how all 6 units currently look. Solid building mix with all 6 units being large 2 bedrooms. Gorgeous and Well Maintained Brick 6 Unit Building Nestled on a Corner Lot in residential Area that has strong leasing and rents! New Electrical Service, laundry room, and 2 new common hallways. Exterior Updates Include Newer Rear Porch, Newer Vinyl Windows, Tuck-Pointing and roof. The Property is Fully Occupied and cash flowing. The property is located in the City of Chicago Opportunity Zone!! Serious Inquiries Only--This is a solid armchair property for someone looking to invest their capital and not have to worry about future capital improvements
Last Agent to Sell the Property
Halsted Taylor Real Estate License #471015175 Listed on: 12/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,789
Year Built
- Built in 1921
Lot Details
- 6,252 Sq Ft Lot
- Lot Dimensions are 60 x 125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,144 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Exterior Basement Entry
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Utilities
- No Cooling
- Central Heating
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $600
- Fuel Expense $2,700
- Insurance Expense $3,060
- Maintenance Expense $1,500
- Manager Expense $3,936
- Other Expense $4,344
- Trash Expense $1,200
- Water Sewer Expense $2,100
- Operating Expense $25,860
- Gross Income $65,712
- Net Operating Income $41,652
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/18/2022 03/18/22 | Sold | $760,000 | +27.7% | $124 / Sq Ft |
01/28/2022 01/28/22 | Pending | -- | -- | -- |
08/24/2021 08/24/21 | For Sale | -- | -- | -- |
05/04/2021 05/04/21 | For Sale | -- | -- | -- |
05/03/2021 05/03/21 | Pending | -- | -- | -- |
02/18/2021 02/18/21 | Price Changed | $595,000 | -6.3% | $97 / Sq Ft |
12/28/2020 12/28/20 | For Sale | $635,000 | +72.6% | $103 / Sq Ft |
11/05/2019 11/05/19 | Sold | $368,000 | +1.4% | $60 / Sq Ft |
09/25/2019 09/25/19 | Pending | -- | -- | -- |
09/10/2019 09/10/19 | For Sale | $363,000 | -- | $59 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
A
Seller's Agent in 2022
Anthony Golob
Halsted Taylor Real Estate
(708) 351-3246
2 in this area
47 Total Sales
-
Buyer's Agent in 2022
Jeannie Autry
Leverage Investments, LLC
(815) 212-3932
2 in this area
84 Total Sales
-
Seller's Agent in 2019
James Mattz
Keller Williams Preferred Rlty
(708) 798-1111
12 in this area
404 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10959267

APN: 20324250150000
- 8548 S Aberdeen St
- 8610 S Aberdeen St
- 8611 S Aberdeen St
- 8615 S Aberdeen St
- 8508 S May St
- 8536 S Morgan St
- 1106 W 87th St
- 8546 S Sangamon St
- 8423 S Carpenter St
- 8412 S Carpenter St
- 8402 S Carpenter St
- 8513 S Sangamon St
- 8440 S Peoria St
- 8407 S Throop St
- 8358 S Sangamon St
- 8322 S Aberdeen St
- 8427 S Peoria St
- 8521 S Loomis Blvd
- 8817 S Elizabeth St
- 8418 S Ada St