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$499,000   Price Analysis
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2458 E 74th Pl
Chicago, IL 60649
12 bed 6 bath unknown SqFt ($0/SqFt)
3,485SqFt lot. Built 2004
Listed 2024-03-15, Taxes $4,744
Ⓧ USDA Ineligible
due to location

near Chicago

This multi-family property is calling your name!

* No Longer For Sale *
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Nestled in the heart of the highly sought-after South Shore neighborhood, this impressive 3-unit building presents a rare and exciting opportunity for both investors and first-time home buyers alike. Comprising of two occupied units and one vacant unit, this property offers the perfect blend of immediate cash flow and potential for moving in the garden unit or additional income. Each open unit boasts an expansive layout featuring 4 bedrooms and 2 bathrooms, ensuring ample space for tenants or a growing family.

The entire building has been upgraded with new HVAC systems, promising year-round comfort and efficiency. The garden unit stands out, having been completely rehabbed to feature modern finishes and fixtures, presenting an attractive option for renters or as a luxurious owner's unit. Located moments from public transportation, shopping amenities and the scenic Lake Shore Drive, this property not offers convenience but also the lifestyle that the vibrant South Shore neighborhoo d is known for. Whether you're taking a short drive to the lakefront or enjoying the local cuisine and shopping options, this location does not disappoint. Don't miss your chance to schedule a showing today and explore the potential of this unique property.


Presented by Rashauna Scott at
Keller Williams ONEChicago.
Listing Agent Photo

Property MLS #11988663 from MRED

Bedrooms: 12
Bedrooms Possible: 12

Total Rooms: 21

Total Bathrooms: 6
Full Bathrooms: 6

Heating Features: Natural Gas, Forced Air

Balcony
Deck

Lot Size Acres: 0.08
Lot Size Dimensions: 27X132
Lot Size Square Feet: 3485

Parking Total: 3

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 299

Powell Elementary Paideia Community Academy is a public elementary and middle school located approximately 0.4 miles away.
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Chicago Vocational Career Academy High School is a public high school located approximately 1.6 miles away.
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Christ Light World Academy is a private elementary and high school located approximately 0.1 miles away.
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Community Features: Lake, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 2
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 7
Total Rooms in Unit-3: 7
Unit 2 Total Actual Rent: 1715
Unit 3 Total Actual Rent: 1460

Annual Tax Amount: 5758.92
Source Listing Status: Closed
County: Cook
Directions: 74th St West to Phillips East to 74 Place
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 21301160290000
Township: South Chicago
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$18,072 + $3,226
$21,298
$4,744
2019$23,047 + $3,226
$26,273
$5,278
2018$23,047 + $3,226
$26,273
$5,189
2017$16,389 + $2,868
$19,257
$4,145
2016$16,389 + $2,868
$19,257
$3,856
2015$16,389 + $2,868
$19,257
$3,528
2014$22,459 + $2,509
$24,968
$4,632
2013$22,459 + $2,509
$24,968
$4,541
2012$22,459 + $2,509
$24,968
$4,032
2011$45,221 + $3,226
$48,447
$7,523
2010$45,221 + $3,226
$48,447
$7,519
2009$45,221 + $3,226
$48,447
$6,629
2007$32,011 + $3,728
$35,739
$4,826
2006$32,011 + $3,728
$35,739
$4,865

Sold 2024-05-15
$490,000
MRED
Listed 2024-03-15
$499,000
MRED
Listing removed 2020-12-13
$0
AppfolioUnits
Listing removed 2020-11-17
$0
AppfolioUnits
Listed for rent 2020-10-18
$1,500
AppfolioUnits
Listed for rent 2020-10-14
$1,500
AppfolioUnits
Listing removed 2020-07-08
$0
AppfolioUnits
Listed for rent 2020-06-25
$1,500
AppfolioUnits
Listing removed 2020-06-25
$0
AppfolioUnits
Listed for rent 2020-06-08
$1,500
AppfolioUnits
Sold 2019-02-09
$300,000
MRED
Listed 2018-12-04
$315,000
MRED
Sold 2013-02-25
$114,500
Public Record
Listing removed 2012-07-12
$135,900
MRED
Price Changed 2012-06-26
$135,900
MRED
Price Changed 2012-06-21
$136,900
MRED
Price Changed 2012-06-04
$137,000
MRED
Listed 2012-05-09
$135,000
MRED
Sold 2005-04-29
$435,000
Public Record

Year Built: 2004
Property Age: 20

Sewer: Public Sewer
Water Source: Lake Michigan

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.