Estimated payment $2,300/month
Highlights
- Property is near park
- 3-minute walk to Stony Island Station
- 4-minute walk to Chestnut Park
- Forced Air Heating System
- Paved or Partially Paved Lot
About This Home
Beautifully Rehabbed Brick 2-Flat with Income Potential - South Shore Well-maintained brick 2-unit property located in the South Shore neighborhood of Chicago-perfect for an owner-occupant looking to offset their mortgage with rental income. Or an investor that wants to have cashflow and appreciation as the Obama Center launches. The building was fully renovated in 2018 with permits secured for a legal two-unit configuration. Each unit offers spacious layouts, large bedrooms, hardwood flooring, and updated finishes throughout. Major improvements in 2018 include a complete tear-off roof, three furnaces, and three hot water tanks, providing added comfort and efficiency for each living space. The finished lower level is currently being used as additional living space, offering flexibility for extended family, guest space, or potential future income. Exterior features updated sidewalks and a concrete pad with room to add a garage. Occupied with 2 CHA tenants, guaranteed income. Some notice required for showings. Seller wants to sell as is. Great opportunity to live in one unit while generating income from the others.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,212
Year Built
- Built in 1919 | Remodeled in 2018
Lot Details
- Lot Dimensions are 26x125
- Paved or Partially Paved Lot
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
Utilities
- Forced Air Heating System
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Breezeway
- Property is near park
Community Details
- 2 Units
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,752 | $20,901 | $2,813 | $18,088 |
| 2024 | $2,752 | $20,901 | $2,813 | $18,088 |
| 2023 | $2,674 | $13,000 | $3,906 | $9,094 |
| 2022 | $2,674 | $13,000 | $3,906 | $9,094 |
| 2021 | $2,614 | $12,999 | $3,906 | $9,093 |
| 2020 | $3,152 | $14,151 | $3,437 | $10,714 |
| 2019 | $3,195 | $15,901 | $3,437 | $12,464 |
| 2018 | $3,141 | $15,901 | $3,437 | $12,464 |
| 2017 | $3,796 | $17,633 | $3,125 | $14,508 |
| 2016 | $3,032 | $17,633 | $3,125 | $14,508 |
| 2015 | $2,751 | $17,633 | $3,125 | $14,508 |
| 2014 | $2,178 | $14,310 | $2,500 | $11,810 |
| 2013 | $2,603 | $14,310 | $2,500 | $11,810 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2026 05/06/26 | For Sale | $365,000 | +22.1% | -- | |
| 03/01/2021 03/01/21 | Sold | $299,000 | 0.0% | $118 / Sq Ft | View Prior Sale |
| 01/04/2021 01/04/21 | Pending | -- | -- | -- | |
| 01/04/2021 01/04/21 | For Sale | $299,000 | 0.0% | $118 / Sq Ft | |
| 01/01/2019 01/01/19 | Rented | $1,154 | +4.9% | -- | |
| 11/20/2018 11/20/18 | Price Changed | $1,100 | 0.0% | $1 / Sq Ft | |
| 11/20/2018 11/20/18 | For Rent | $1,100 | +2.3% | -- | |
| 09/22/2018 09/22/18 | Off Market | $1,075 | -- | -- | |
| 06/22/2018 06/22/18 | Price Changed | $1,075 | +2.4% | $1 / Sq Ft | |
| 06/04/2018 06/04/18 | Price Changed | $1,050 | -4.5% | $1 / Sq Ft | |
| 04/11/2018 04/11/18 | Price Changed | $1,100 | -8.3% | $1 / Sq Ft | |
| 01/29/2018 01/29/18 | For Rent | $1,200 | 0.0% | -- | |
| 05/17/2016 05/17/16 | Sold | $46,000 | -7.8% | $18 / Sq Ft | View Prior Sale |
| 04/13/2016 04/13/16 | Pending | -- | -- | -- | |
| 04/01/2016 04/01/16 | For Sale | $49,900 | 0.0% | $20 / Sq Ft | |
| 03/31/2016 03/31/16 | Pending | -- | -- | -- | |
| 01/22/2016 01/22/16 | For Sale | $49,900 | -- | $20 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12640488
APN: 20262020390000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.