NOT LISTED FOR SALE

Chicago, IL 60616

Armour Square Neighborhood
14 Beds
6 Baths
3,870 Sq Ft
3,100 Sq Ft Lot

Last Sold March 16, 2023

Last sale price $850,000 $220 Per Sq Ft

About This Home

As of March 2023

WELL MAINTAINED 6 UNITS BRICK BUILDING IN THE HEART OF ARMOUR SQUARE (CHINATOWN). ALL REMODELED 2 X 3 BEDROOMS/1 BATHROOM. 4 X 2 BEDROOMS/1 BATHROOM. UPDATED ROOF 2 YR OLD. NEW HVAC SYSTEM FOR 3 APTS; AND 3 APTS WITH NEW FURANCE UNITS. FULL UNFINISHED ATTIC WITH POTENTIAL EXPANSION. UNFINISHED BASEMENT WITH A LOT OF STORAGE SPACE. TWO CAR GARAGE FOR EXTRA INCOMES.

Last Agent to Sell the Property

David Wong

Century 21 Realty Associates License #471006955 Listed on: 12/27/2022

Century 21 Realty Associates

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,950

Year Built

  • Built in 1890

Lot Details

  • 3,100 Sq Ft Lot
  • Lot Dimensions are 25 x 124
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,870 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $500
  • Insurance Expense $2,000
  • Operating Expense $14,850
  • Gross Income $6,390
  • Net Operating Income $67,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,950

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1890
  • 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: 14
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 124
  • Lot Size Sq Ft: 3100
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 3870
  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 67230
  • Fuel Expense: 500
  • Insurance Expense: 2000
  • GrossIncome: 6390
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 14850
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9950
  • Tax Year: 2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $850,000 -4.5% $220 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $890,000 +21.1% $230 / Sq Ft
03/25/2019 03/25/19 Sold $735,000 -2.0% -- View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $749,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Wong

    Seller's Agent in 2023

    David Wong

    Century 21 Realty Associates

    (312) 636-8882

    2 in this area

    39 Total Sales

    David Wong
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NON MEMBER

  • G

    Seller's Agent in 2019

    Gary Lucido

    Lucid Realty, Inc.

    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Michael Ng

    Mango Realty Group

    (773) 886-0660

    3 in this area

    89 Total Sales

    Michael Ng
    Section Image
  • Qian Kun Chen

    Buyer's Agent in 2019

    Qian Kun Chen

    Kale Realty

    (312) 515-4617

    14 in this area

    338 Total Sales

    Qian Kun Chen
    Section Image
See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 11691933

Midwest Real Estate Data (MRED)

APN: 17282330060000

Illinois Cook County Chicago 60616

Armour Square

Not Listed for Sale

MultiFamily

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