9130 S Houston Ave Chicago, IL 60617
South Chicago Neighborhood
3
Beds
4
Baths
2,880
Sq Ft
3,485
Sq Ft Lot
About This Home
As of October 2024You can buy this Mixed use property . Uniq property multi units plus office space.. Main level has huge front space with 3 backrooms for private offices plus a full bathroom if you want to convert for a living space. The office space is currently used by owner, and some of it is rented. Second floor has two units, unit one has an updated 1 bedroom 1 bath, which is currently vacant. Second unit has 2 bedrooms large living room, full bathroom plus half a bath, and currently rented month to month. The property has a huge basement, washer dryer hookups. Large back yard that have access from the ally , can be easily convert to a parking space. With the extra rents, it will be positive cash flow, perfect for an owner occupant. Only 2 rooms of the office is being rented out for $400.More space is available for rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,444
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 120x25
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $110
- Insurance Expense $2,800
- Water Sewer Expense $150
- Gross Income $15,600
- Net Operating Income $8,239
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2023
Closed on
Oct 1, 2024
Sold by
Velchek Laurence A and Velchek Mary Beth
Bought by
Mireles Veronica Hernandez
Seller's Agent
Shlomo Arel
Kale Realty
Buyer's Agent
Leticia Padilla
Casa Moderna Real Estate
List Price
$179,500
Sold Price
$177,000
Premium/Discount to List
-$2,500
-1.39%
Views
404
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,362
Avg. Annual Appreciation
5.89%
Original Mortgage
$173,794
Outstanding Balance
$172,224
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$14,139
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $177,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $173,794 | FHA | |
| Previous Owner | $95,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $177,000 | +1.4% | $61 / Sq Ft |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | Price Changed | $174,500 | -2.8% | $61 / Sq Ft |
| 05/09/2024 05/09/24 | For Sale | $179,500 | 0.0% | $62 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $179,500 | -- | $62 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,481 | $6,900 | $2,625 | $4,275 |
| 2023 | $1,444 | $7,000 | $3,500 | $3,500 |
| 2022 | $1,444 | $7,000 | $3,500 | $3,500 |
| 2021 | $1,412 | $7,000 | $3,500 | $3,500 |
| 2020 | $2,321 | $10,395 | $2,275 | $8,120 |
| 2019 | $2,407 | $11,949 | $2,275 | $9,674 |
| 2018 | $2,366 | $11,949 | $2,275 | $9,674 |
| 2017 | $2,997 | $13,892 | $2,100 | $11,792 |
| 2016 | $2,789 | $13,892 | $2,100 | $11,792 |
| 2015 | $2,552 | $13,892 | $2,100 | $11,792 |
| 2014 | $2,359 | $12,683 | $1,750 | $10,933 |
| 2013 | $2,312 | $12,683 | $1,750 | $10,933 |
Source: Public Records
Agents Affiliated with this Home
-
Shlomo Arel
Seller's Agent in 2024
Shlomo Arel
Kale Realty
(206) 954-9006
1 in this area
108 Total Sales
-
Leticia Padilla
Buyer's Agent in 2024
Leticia Padilla
Casa Moderna Real Estate
(814) 405-3997
1 in this area
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11922935
APN: 26-06-403-024-0000
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