$6,500,000
$338K PRICE DROP

Estimated payment $39,108/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This home and is currently priced at $6,500,000. This property was built in 1927. This home is a home located in Cook County with nearby schools including Marquette School of Excellence, Gage Park High School, and Catalyst Maria Charter School.

Listing Agent

David McLennan

Pearson Realty Group License #475165323 Listed on: 03/06/2026

Pearson Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $67,874

Year Built

  • Built in 1927

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 132x125

Home Design

  • Brick Exterior Construction
  • Stone Siding

Additional Features

  • 4-Story Property
  • Courtyard
  • Radiator
  • Unfinished Basement

Community Details

Overview

  • 85 Units

Building Details

  • Electric Expense $8,316
  • Fuel Expense $48,812
  • Insurance Expense $38,250
  • Maintenance Expense $19,996
  • Manager Expense $24,608
  • Trash Expense $9,353
  • Water Sewer Expense $20,880
  • Operating Expense $386,762
  • Gross Income $1,000,968
  • Net Operating Income $554,138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$67,874

Year Built

Built in 1927

Lot Details

0.38 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 4
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 85
  • Ranges: 85
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone

Utilities

  • Heat/Ventilation: Radiators

Condo/Co-op/Association

  • Manager Expense: 24608

Fee Information

  • Trash Expense: 9353
  • Water Sewer Expenses: 20880

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 132X125
  • Lot Size Sq Ft: 16500

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 554138
  • Fuel Expense: 48812
  • Insurance Expense: 38250
  • ElectricExpense: 8316
  • GrossIncome: 1000968
  • Maintenance Expense: 19996
  • NumberOfUnitsTotal: 85
  • OperatingExpense: 386762
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 67874
  • Tax Year: 2023
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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
2025 $64,142 $331,500 $17,522 $313,978
2024 $64,142 $331,500 $17,522 $313,978
2023 $67,876 $304,007 $15,019 $288,988
2022 $67,876 $330,006 $15,019 $314,987
2021 $66,361 $330,005 $15,019 $314,986
2020 $42,243 $189,628 $15,019 $174,609
2019 $38,099 $189,628 $15,019 $174,609
2018 $35,547 $179,953 $15,019 $164,934
2017 $33,337 $154,861 $13,767 $141,094
2016 $31,017 $154,861 $13,767 $141,094
2015 $28,378 $154,861 $13,767 $141,094
2014 $28,536 $153,800 $13,767 $140,033
2013 $24,333 $133,788 $13,767 $120,021
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 For Sale $6,837,500 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12138414

Midwest Real Estate Data (MRED)

APN: 19241270280000

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