$550,000 Price Analysis    ♡   Chicago, IL 60608 9 bed 5 bath unknown SqFt ($0/SqFt) 3,125SqFt lot. Built 1902 Listed 2024-05-15, Taxes $6,635 | Ⓧ USDA Ineligible due to location near Chicago |
Introducing a promising 5-unit building with a variety of living configurations.
* Has Contingent Offer *The property comprises the following: 1F - 1-bedroom unit, 1R - 2-bedroom unit, 2F - 1-bedroom unit, 2R 2-bedroom and 3 - a roomy 3-bedroom unit with central AC on the third floor. Residents benefit from convenient coin-operated laundry facilities loc ated in the basement. There is also 3 additional storage spaces in the basement that tenants can rent out and space for at least 4 cars to park in the rear of the property.
With separate gas and electric utility meters for each unit and low property taxes, this investment offers financial stability and ease of management. All units are currently occupied by carefully screened, reliable tenants, ensuring a consistent income stream for investors. This is an excellent opportunity for investors seeking a solid return on investment. Schedule viewing today to explore the potential of this property!
Presented by Alexander Haried at
@properties.
Property MLS #12048561 from MRED
Lot Size Dimensions: 25X125
Lot Size Square Feet: 3125
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 5
Total Rooms in Unit-5: 6
Unit-1 Description: Unit 1, Units Total: 1
Unit-2 Description: Unit 2, Units Total: 1
Unit-3 Description: Unit 3, Units Total: 1
Unit-4 Description: Unit 4, Units Total: 1
Unit-5 Description: Unit 5, Units Total: 1
Unit-6 Description: Unit 6
Unit-7 Description: Unit 7
Source Listing Status: Active Under Contract
County: Cook
Current Use: Multi-Family
Directions: CERMAK TO WASHTENAW, SOUTH TO 24TH PLACE, WEST TO ADDRESS
Tax Year: 2022
Source Property Type: Multi-Family
Possible Use: Multi-Family
Parcel Number: 16252120200000
Township: West Chicago
Zoning: MULTI
Property Subtype: Multi Family 5+
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $29,503 + $3,496 $32,999 | $6,635 |
| 2020 | $23,494 + $3,496 $26,990 | $6,012 |
| 2019 | $27,888 + $3,496 $31,384 | $6,305 |
| 2018 | $27,888 + $3,496 $31,384 | $6,199 |
| 2017 | $15,325 + $3,124 $18,449 | $3,971 |
| 2016 | $18,274 + $3,124 $21,398 | $4,285 |
| 2015 | $18,274 + $3,124 $21,398 | $3,921 |
| 2014 | $14,412 + $2,976 $17,388 | $3,226 |
| 2013 | $14,412 + $2,976 $17,388 | $3,162 |
| 2012 | $14,412 + $2,976 $17,388 | $3,120 |
| 2011 | $18,709 + $4,166 $22,875 | $3,706 |
| 2010 | $18,709 + $4,166 $22,875 | $3,722 |
| 2009 | $18,709 + $4,166 $22,875 | $3,567 |
| 2007 | $23,596 + $4,404 $28,000 | $3,976 |
| 2006 | $23,596 + $4,404 $28,000 | $4,019 |
$550,000
MRED
Sold 2017-11-08
$345,000
MRED
Price Changed 2017-08-30
$379,900
MRED
Listed 2017-08-14
$387,500
MRED
Listing removed 2016-05-17
$895
Reallyo
Listing removed 2016-05-07
$895
Reallyo
Listed for rent 2016-05-07
$895
Reallyo
Listing removed 2016-04-23
$895
Reallyo
Listed for rent 2016-04-23
$895
Reallyo
Price Changed for rent 2016-04-08
$895
Reallyo
Listed for rent 2016-04-07
$975
Reallyo
Sold 2005-04-21
$280,000
Public Record
Sold 1994-10-05
$150,000
Public Record
Sold 1990-04-27
$68,000
Public Record
Sold 1985-04-24
$75,000
Public Record
Sanitary Sewer
Water-Municipal
Foundation Details: Brick/Mortar
Property Age: 122
Roof: Composition
Levels or Stories: 3
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.