Gustavo Vargas
RE/MAX Partners
(708) 554-7307
82 Total Sales
2 in Marquette Park
$235K - $245K Price Range
7048 S Western Ave Chicago, IL 60636
Marquette Park Neighborhood
--
Beds
--
Baths
--
Sq Ft
5,376
Sq Ft Lot
About This Home
As of July 2026This Historic Chicago building is now priced to sell. Don't miss this opportunity before it's too late. Call your agent to schedule a showing~ Nestled in the heart of the south side of town, this grand turn-of-the-century property stands as a testament to timeless architecture and unlimited potential. Welcoming a visionary investor seeking to restore its original splendor, this building encompasses 13 residential units, each exuding a unique charm, alongside a versatile commercial space poised for transformation.Potential Billboard Revenue: The expansive side of the building provides a unique opportunity for additional income through billboard advertising, capitalizing on high foot traffic and visibility.
Last Agent to Sell the Property
Realty of America, LLC License #475200704 Listed on: 07/18/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 5,376 Sq Ft Lot
- Lot Dimensions are 108.4x50
Home Design
- Brick Exterior Construction
- Concrete Block And Stucco Construction
Additional Features
- 3-Story Property
- No Cooling
Community Details
- 14 Units
Listing and Financial Details
- Tenant pays for varies by tenant
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2026
Sold by
Life Abundant Outreach Inc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$428,913
Interest Rate
6.38%
Mortgage Type
Construction
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marquette Park, IL
-
Gustavo Vargas
-
Hugo Araujo
Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
158 Total Sales
2 in Marquette Park
$130K - $250K Price Range
-
Herbert Straus
Herbert Straus
Responds QuicklyKeller Williams Thrive
(224) 231-0982
137 Total Sales
1 in Marquette Park
$300,000 Price
-
Beverly Ruminski
Beverly Ruminski
Century 21 Circle
(708) 787-3990
33 Total Sales
1 in Marquette Park
$215,000 Price
-
John Charleston
John Charleston
RE/MAX 10
(630) 757-8632
99 Total Sales
1 in Marquette Park
$325,000 Price
-
Maria Ortiz
Maria Ortiz
Kale Realty
(708) 726-3036
65 Total Sales
2 in Marquette Park
$172K - $308K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $94,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $512,000 | Construction |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2026 07/18/26 | Sold | $90,000 | -- | -- |
| 12/26/2025 12/26/25 | Pending | -- | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | -- | ||
| 2024 | -- | -- | ||
| 2023 | -- | -- | ||
| 2022 | -- | -- | ||
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | $0 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Israel Valadez
Seller's Agent in 2026
Israel Valadez
Realty of America, LLC
(773) 312-2077
1 in this area
44 Total Sales
-
Cliff Perotti
Buyer's Agent in 2026
Cliff Perotti
Lion & Foster International, LLC
(773) 726-8922
1 in this area
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12539253
APN: 19-24-428-039-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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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