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Off market
  • $994,600

    116 S Leavitt St, Chicago, IL 60612

    9beds
    4,095sqft
    MultiFamily
    Built in 1998
    -- sqft lot
    $994,600 Zestimate®
    $243/sqft
    $3,004 Estimated rent

    Home value

    $994,600

    $925,000 - $1.06M

    $3,004/mo

    Zestimate® history
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    $6,945/mo

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    What's special

    Rare Opportunity! Don't Miss this Recently Rehabbed Completely Turnkey Cash-Flowing 3-unit Building Perfectly located in the most sought after area of Chicago. The Near West Side is Central to any and everything of interest in the City, Blocks from the United Center, Minutes from Downtown & Public Transportation. The building has been well-cared for with many recent updates. Over a 6% Cap Rate! w/ Gross Rents @ $5950 All three units are fully occupied and have 3 beds/2 full baths, Newer mechanicals, and w/d in all units with private parking space in the rear. The first and second floor units were recently renovated and designed with class and luxurious condo quality finishes, including contemporary flooring, beautiful quartz, and pristine tile work in the kitchens and bathrooms. Great AirBnB potential as units 1 & 2 are completely furnished. The third floor unit has some amazing space and is below market rent w/ long term tenant and has room for growth. This property is one-of-a-kind in today's market. You will not find another!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 4,095 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,687 sqft
    Details
    • Parcel number: 1718108049

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Exterior Building Type: Brick
    • Heat/Fuel: Gas, Forced Air, Indv Controls
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Water: Lake Michigan
    • Parking Type: Space/s
    • Status: Pending
    • Appliances/Features Unit 1: Stove, Central Air Conditioner, Garage/Space, Refrigerator, Washer, Dryer, Microwave, Dishwasher, Hardwood Floors
    • 3 Br Un In Bldg (Y/N): Yes
    • Type-Multi: 3 Flat
    • Age: 21-25 Years
    • Parking On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Parking Ownership: Owned
    • Is Parking Included in Price: Yes
    • Lot Dimensions: 25X141
    • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Garage/Space, Dishwasher
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Washer, Dryer, Garage/Space
    • Tenant Pays - Unit 3: Electric, Gas, Heat
    • Tax Year: 2019
    • Parcel Identification Number: 17181080490000

    Price history

    DateEventPrice
    9/17/2020Sold$760,000-7.9%$186/sqft
    Source: MRED as distributed by MLS GRID #10757277 Report a problem
    7/13/2020Pending sale$825,000$201/sqft
    Source: Dream Town Realty #10757277 Report a problem
    6/23/2020Listed for sale$825,000+65.3%$201/sqft
    Source: Dream Town Realty #10757277 Report a problem
    3/2/2017Sold$499,000$122/sqft
    Source: MRED as distributed by MLS GRID #09490464 Report a problem
    2/6/2017Pending sale$499,000$122/sqft
    Source: TriView Property & Investments #09490464 Report a problem
    1/31/2017Listed for sale$499,000-14.4%$122/sqft
    Source: TriView Property & Investments #09490464 Report a problem
    9/14/2006Sold$583,000+66.1%$142/sqft
    Source: Public Record Report a problem
    1/7/2000Sold$351,000$86/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $74,000 +15.6%
    2023$13,550 +2.6%$64,000
    2022$13,209 +2.3%$64,000
    2021$12,912 +7.2%$64,000 +18.7%
    2020$12,049 -1.3%$53,906 -11%
    2019$12,210 -17.1%$60,569 -18.5%
    2018$14,722 +36.7%$74,290 +49%
    2017$10,773 +7.8%$49,872
    2016$9,989 +9.3%$49,872
    2015$9,139 +29.1%$49,872 +30.7%
    2014$7,078 +2%$38,147
    2013$6,938 +1.4%$38,147
    2012$6,845 +7%$38,147 -15.9%
    2011$6,397 -13.4%$45,377
    2010$7,384 +4.4%$45,377
    2009$7,076 -15.4%$45,377 -22.2%
    2008$8,363 +1%$58,300
    2007$8,280 -7.5%$58,300 -6.5%
    2006$8,947 +78.8%$62,322 +64.3%
    2005$5,003 +2.5%$37,940
    2004$4,881 +21.5%$37,940 +13.2%
    2003$4,019 -8.6%$33,527 +36.9%
    2002$4,399 +3.8%$24,483
    2001$4,240 +194.3%$24,483
    2000$1,441 $24,483 +226.4%
    1999-- $7,500

    Find assessor info on the county website

    Neighborhood: Near West Side

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $994,600
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    Estimated market value
    $994,600