$280,000
SOLD OCT 8, 2024
9 Beds
3 Baths
-- Sq Ft
1882 Built

Recently Sold

4 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • 3-minute walk to South Chicago (93Rd Street) Station
  • 5-minute walk to South Chicago Peoples Park

About This Home

As of October 2024

Turnkey cash flowing 3 flat with solid rents and low expenses! The top floor unit has been fully renovated with all new flooring, cabinets, granite countertops, stainless steel appliances, dishwasher, washer/dryer, and more. This reno has proved a huge upside (38% increase in rent over lowest current rent) and will allow a new owner to add value and increase rents for the remaining two units. Units are individually metered & heated with tenants paying their own gas (heat and cooking) & electric to keep expenses very low. All new siding and new rear porches were also recently installed. Building is professionally managed by Landmark Property Management. Cash or Conventional Offers considered, No FHA.

Last Agent to Sell the Property

Jason Marcordes

Landmark Property Management, Inc. License #471018434 Listed on: 07/15/2024

Last Buyer's Agent

Jose Salinas

You Properties LLC License #475189300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1882 | Remodeled in 2023

Lot Details

  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1882 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1882
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Range Hood

Exterior Features

  • List Price: 279000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3250
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1586.25
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $280,000 +0.4% --
07/21/2024 07/21/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $279,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112017

Midwest Real Estate Data (MRED)