$199,900 Price Analysis 5728 S King Dr Unit 3Chicago, IL 60637 3 bed 2 bath unknown SqFt ($0/SqFt) Built 1900 Listed 2024-06-13, HOA $298, Taxes $604 | Ⓧ USDA Ineligible due to location near Chicago |
But CASH ONLY, as the building is ineligible for financing with Fannie Mae. Updated and super clean, investor-friendly 3 bedroom 2 bathroom condo with in-unit laundry and porch in the Parkville Condominium building located directly across from Historic Washington Park! Great floor plan flow, hardwood floors, roomy kitchen and lots of natural light. Fantastic location sitting on one of Chicago's storied parks which features 345 acres of public green space featuring nature areas, gardens, arboretum, lagoon, playgrounds, ballfields, courts, gymnasium, cultural events, community programs.
the list goes on. Close to shopping, I-90, The Lakefront, University of Chicago, Museum of Science and Industry with Bus Transportation t o downtown Chicago right in front of the building. INVESTOR FRIENDLY building allows rentals. Ratio of rental units vs. owner occupied units is approx. 50/50. PLEASE NOTE: Pending litigation regarding deferred building maintenance will require CASH ONLY purchase. Building work to be done in phases via phased special assessments. Current 6 month special will be paid by the seller at clsing. Building is ineligible in Fannie Mae's condo database.
Presented by Spiro Georgelos at
Standard Properties Group Llc.
Property MLS #12076108 from MRED
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $1,499 + $1,499 $2,998 | $604 |
2020 | $6,422 + $2,124 $8,546 | $1,903 |
2019 | $8,559 + $2,124 $10,683 | $2,146 |
2018 | $8,559 + $2,124 $10,683 | $2,110 |
2017 | $5,091 + $1,749 $6,840 | $478 |
2016 | $5,091 + $1,749 $6,840 | $869 |
2015 | $5,091 + $1,749 $6,840 | $772 |
2014 | $9,261 + $1,499 $10,760 | $1,519 |
2013 | $9,261 + $1,499 $10,760 | $1,478 |
2012 | $9,261 + $1,499 $10,760 | $1,483 |
2011 | $12,540 + $1,999 $14,539 | $2,028 |
2010 | $12,540 + $1,999 $14,539 | $2,069 |
2009 | $12,540 + $1,999 $14,539 | $1,989 |
2007 | $13,611 + $1,249 $14,860 | $1,620 |
2006 | $13,611 + $1,249 $14,860 | $1,607 |
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.