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  • $525,000

    1650 N Keeler Ave, Chicago, IL 60639

    5beds
    --sqft
    Multi Family
    Built in 1898
    -- sqft lot
    $598,500 Zestimate®
    $--/sqft
    $2,380 Estimated rent

    Home value

    $598,500

    $569,000 - $628,000

    $2,380/mo

    Zestimate® history
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    What's special

    Contemporary fixturesClassic brick facadeLive - in investmentProximity to schoolsSeparate heatingClassic architectureDetached garage
    Welcome to the newly renovated 2-unit multifamily residence at 1650 N Keeler Avenue, nestled in the vibrant heart of Chicago's 60639 ZIP code. This property presents a fantastic opportunity for investors or homeowners looking for a live-in investment with rental potential. The building consists of two units: a 3-bedroom, 2-bathroom unit, and a 2-bedroom, 1-bathroom unit. Each unit has been meticulously updated to feature spacious living areas, modern kitchens equipped with stainless steel appliances, quartz countertops, and ample cabinet space, alongside bathrooms fitted with contemporary fixtures. The classic brick facade of the building has been preserved while introducing new windows and roofing to enhance its charm and durability. Internally, the property boasts fresh paint, new hardwood floors, and updated electrical and plumbing systems. Both units have separate heating and cooling systems to ensure year-round comfort. Practical amenities include in-unit laundry facilities, an enclosed back porch adding extra space, a fenced backyard ideal for outdoor activities, and a detached garage for convenient off-street parking. Located in a dynamic neighborhood, the property benefits from its proximity to schools, parks, shopping centers, and public transportation, facilitating easy access to downtown Chicago and its surroundings. This turnkey investment offers strong rental demand in the area, making it perfect for owner-occupants seeking to offset mortgage payments through rental income or investors in search of a reliable income stream. This multifamily residence is a blend of classic architecture and modern living conveniences, representing a unique investment opportunity in one of Chicago's most sought-after locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rene Maldonado 773-342-7211,

    Betancourt Realty

    Bought with:

    Nube Lema

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12014122MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    Heating
    • Natural Gas, Electric
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Unassigned, Owned, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Exterior features: Balcony
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25 X 125
    Details
    • Additional structures: Garage(s)
    • Parcel number: 13344260160000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1898
    • Major remodel year: 2020

    Utilities & green energy

    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Park, Tennis Court(s), Sidewalks, Street Lights, Street Paved
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $341,190
    • Annual tax amount: $6,907
    • Date on market: 3/26/2024
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/15/2024Sold$525,000+1.9%
    Source: MRED as distributed by MLS GRID #12014122 Report a problem
    4/1/2024Contingent$515,000
    Source: MRED as distributed by MLS GRID #12014122 Report a problem
    3/26/2024Listed for sale$515,000+178.4%
    Source: MRED as distributed by MLS GRID #12014122 Report a problem
    1/28/2013Sold$185,000
    Source: MRED as distributed by MLS GRID #08174599 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,211 -12.9%$34,119 -7.8%
    2023$7,129 +3.2%$37,003
    2022$6,907 +2%$37,003
    2021$6,771 +94.5%$37,003 +97.5%
    2020$3,482 -5.6%$18,731 -14%
    2019$3,687 +1.7%$21,781
    2018$3,624 -16.6%$21,781 -7.6%
    2017$4,347 -7.9%$23,570
    2016$4,721 +9.3%$23,570
    2015$4,319 +37.6%$23,570 +39.3%
    2014$3,139 +2%$16,920
    2013$3,077 +203.4%$16,920 +199.4%
    2012$1,014 -76.7%$5,652 -81.3%
    2006$4,350 +143.7%$30,300 +66.1%
    2005$1,785 +5.3%$18,243
    2004$1,695 +5.9%$18,243
    2003$1,600 +40.5%$18,243 +86%
    2002$1,139 -15.5%$9,807
    2001$1,348 -15.1%$9,807
    2000$1,587 -1.4%$9,807 -4.4%
    1999$1,609 $10,259
    Find assessor info on the county website

    Neighborhood: Hermosa

    Nearby schools

    GreatSchools rating
    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
    $598,500
    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
    $598,500