$265,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

9640 S University Ave Chicago, IL 60628

Pullman Neighborhood

Estimated payment $1,637/month

Total Views 2,851
4 Beds
1 Bath
1,500 Sq Ft
$177 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Dining Room
  • Living Room
  • Central Air
  • Family Room

About This Home

Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

Last Listed By

Kamil Nowakowski

United Real Estate Elite License #471010335 Listed on: 02/25/2025

United Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,837

Year Built

  • Built in 1942 | Remodeled in 2024

Parking

  • 2 Car Detached Garage
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,837

Year Built

Built in 1942 | Remodeled in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 265000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 4960
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1836.86
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,770 $15,500 $3,720 $11,780
2023 $1,770 $12,000 $4,960 $7,040
2022 $1,770 $12,000 $4,960 $7,040
2021 $1,748 $12,000 $4,960 $7,040
2020 $2,339 $13,576 $3,224 $10,352
2019 $2,314 $14,919 $3,224 $11,695
2018 $2,274 $14,919 $3,224 $11,695
2017 $2,056 $12,907 $2,976 $9,931
2016 $2,090 $12,907 $2,976 $9,931
2015 $1,889 $12,907 $2,976 $9,931
2014 $1,745 $11,951 $2,480 $9,471
2013 $1,699 $11,951 $2,480 $9,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 For Sale $265,000 -- $177 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $85,000 First American Title
Special Warranty Deed $83,000 First American Title
Deed In Lieu Of Foreclosure -- Denver Dil Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,000 Credit Line Revolving
Closed $161,000 Construction
Previous Owner $132,000 Unknown
Previous Owner $22,100 Credit Line Revolving
Previous Owner $110,400 Unknown
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12255141

Midwest Real Estate Data (MRED)

APN: 25-11-107-040-0000