Introducing the perfect multi-family investment opportunity at 10606 S Prospect Avenue in Chicago's Beverly neighborhood! This expansive property features a remarkable 2,484 square feet of living space spread over two units. Each unit offers spacious layouts with a total of 8 bedrooms and 4 bathrooms, ensuring ample room for families or individual tenants. Currently, both units are occupied with leases expiring soon. The location of 10606 S Prospect Avenue is unbeatable, nestled in a serene residential area with easy access to local amenities, schools, and public transportation, making it an attractive option for renters. With its potential for positive rental income, this property is not just a home; it's a smart investment in one of Chicago's most cherished neighborhoods. Whether you are looking to expand your portfolio or step into the lucrative realm of real estate investment, this property promises to be a cornerstone of success.
Closed
$480,000
10606 S Prospect Ave, Chicago, IL 60643
8beds
--sqft
Multi Family
Built in 1890
-- sqft lot
$542,400 Zestimate®
$--/sqft
$2,041 Estimated rent
Home value
$542,400
$499,000 - $586,000
$2,041/mo
Zestimate® history
Owner options
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$2,041/mo
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$2,041/mo
Rent Zestimate®
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$3,377/mo
Est. payment
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$3,377/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Samantha Swaney 630-532-8747,
GC Realty and Development
Bought with:
Jason Beard
Marathon Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12071113
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 4
- Parking features: On Site, Owned
Lot
- Dimensions: 170 X 68 X 160 X 67
- Features: Irregular Lot
Details
- Parcel number: 25182140140000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1890
- Major remodel year: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Community
- Community features: Sidewalks, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2024 | Sold | $480,000-1% |
Source:  MRED as distributed by MLS GRID #12071113 Report a problem | ||
| 8/22/2024 | Contingent | $485,000 |
Source: MRED as distributed by MLS GRID #12071113 Report a problem | ||
| 7/25/2024 | Listed for sale | $485,000 |
Source: MRED as distributed by MLS GRID #12071113 Report a problem | ||
| 6/5/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12071113 Report a problem | ||
| 5/31/2024 | Listed for sale | $485,000+36.6% |
Source: MRED as distributed by MLS GRID #12071113 Report a problem | ||
| 3/5/2020 | Sold | $355,000-1.1% |
Source: MRED as distributed by MLS GRID #10599317 Report a problem | ||
| 1/27/2020 | Pending sale | $359,000 |
Source: Straight-A Realty LLC #10599317 Report a problem | ||
| 1/2/2020 | Listed for sale | $359,000+52.8% |
Source: Midwest Real Estate Data #10599317 Report a problem | ||
| 10/5/2016 | Listing removed | $234,900 |
Source: Jennings Realty Inc. #09214999 Report a problem | ||
| 6/15/2016 | Pending sale | $234,900 |
Source: Jennings Realty Inc. #09214999 Report a problem | ||
| 6/12/2016 | Listed for sale | $234,900 |
Source: Jennings Realty Inc. #09214999 Report a problem | ||
| 5/31/2016 | Pending sale | $234,900 |
Source: Jennings Realty Inc. #09214999 Report a problem | ||
| 5/4/2016 | Listed for sale | $234,900-9.7% |
Source: Jennings Realty Inc. #09214999 Report a problem | ||
| 2/10/2005 | Sold | $260,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $35,000 +34.6% |
| 2023 | $5,499 +2.5% | $26,000 |
| 2022 | $5,364 +2.3% | $26,000 |
| 2021 | $5,243 +1.5% | $26,000 +12.4% |
| 2020 | $5,164 -0.2% | $23,126 -10% |
| 2019 | $5,176 +1.7% | $25,696 |
| 2018 | $5,089 -20.3% | $25,696 -13.2% |
| 2017 | $6,384 +7.5% | $29,592 |
| 2016 | $5,941 +9.3% | $29,592 |
| 2015 | $5,436 +18% | $29,592 +19.4% |
| 2014 | $4,609 +2% | $24,777 |
| 2013 | $4,517 +1.4% | $24,777 |
| 2012 | $4,456 -2.9% | $24,777 -12.3% |
| 2011 | $4,588 -0.4% | $28,249 |
| 2010 | $4,606 +4.4% | $28,249 |
| 2009 | $4,414 -9.6% | $28,249 -16.9% |
| 2008 | $4,883 +1.1% | $33,979 |
| 2007 | $4,832 -1.1% | $33,979 |
| 2006 | $4,884 +31.6% | $33,979 +49.8% |
| 2005 | $3,713 +1% | $22,683 |
| 2004 | $3,676 +2.2% | $22,683 |
| 2003 | $3,597 +10% | $22,683 +24.8% |
| 2002 | $3,269 +3.7% | $18,170 |
| 2001 | $3,152 +17.5% | $18,170 |
| 2000 | $2,683 -0.7% | $18,170 +30.3% |
| 1999 | $2,701 | $13,945 |
Find assessor info on the county website
Neighborhood: East Beverly
Nearby schools
GreatSchools rating
- 4/10Barnard Elementary Comp Math & Science CenterGrades: PK-8Distance: 0.4 mi
- 4/10Morgan Park High SchoolGrades: 7-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$542,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$542,400
- Illinois
- Cook County
- Chicago
- 60643
- East Beverly
- 10606 S Prospect Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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