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$629,000   Price Analysis
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7530 S Saginaw Ave
Chicago, IL 60649
Unknown bed 2 bath unknown SqFt ($0/SqFt)
8,350SqFt lot. Built 1963
Listed 2024-02-07, Taxes $9,822
Ⓧ USDA Ineligible
due to location

near Chicago

11 Unit Multifamily Investment opportunity locted in the South Shore neighborhood.

This property consists of well-maintained 11 apartments. 100% Occupancy. The unit mix is (3) two-bedroom one bath units and (8) one-bedroom on e bath units.

Each unit controls its own heat/thermostat. Each unit has its own water heater. Off street parking.


Presented by Moses Cruz at
Homesmart Connect LLC.
Listing Agent Photo

Property MLS #11974832 from MRED

Full Bathrooms: 2

Frontage Type: City Street

Lot Size Acres: 0.1916896
Lot Size Dimensions: 167X50
Lot Size Square Feet: 8350

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 11
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 3

Tenant Pays: Electricity, Heat

Annual Tax Amount: 8105.00
Source Listing Status: Active
County: Cook
Current Use: Multi-Family
Directions: From 75th West turn right onto S. Exchange, turn right onto S. Saginaw Ave
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 21303040170000
Township: South Chicago
Property Subtype: Multi Family 5+
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$36,576 + $7,515
$44,091
$9,822
2019$36,576 + $7,515
$44,091
$8,858
2018$36,576 + $7,515
$44,091
$8,709
2017$29,474 + $6,262
$35,736
$7,692
2016$31,640 + $6,262
$37,902
$7,591
2015$29,117 + $6,262
$35,379
$6,483
2014$35,915 + $6,262
$42,177
$7,825
2013$35,915 + $6,262
$42,177
$7,670
2012$31,860 + $6,262
$38,122
$6,840
2011$42,409 + $6,262
$48,671
$7,886
2010$55,131 + $8,141
$63,272
$10,295
2009$67,855 + $10,020
$77,875
$12,143
2007$49,722 + $9,185
$58,907
$8,366
2006$54,241 + $10,020
$64,261
$9,225

Price Changed 2024-05-07
$629,000
MRED
Listed 2024-02-07
$699,000
MRED
Sold 1987-08-06
$155,000
Public Record

Net Operating Income: 29620

Electric: Circuit Breakers

Year Built: 1963
Construction Materials: Brick
Foundation Details: Concrete Perimeter
Property Age: 61
Levels or Stories: 3

Bradwell Community Arts & Sci Elementary School is a public elementary and middle school located approximately 0.3 miles away.
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Chicago Vocational Career Academy High School is a public high school located approximately 1.5 miles away.
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South Central School is a private elementary, middle and high school located approximately 0.3 miles away.
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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.