AMAZING INVESTMENT OPPORTUNITY IN THIS MIXED-USE, WELL MAINTAINED, BRICK MULTI UNIT BUILDING. BUILDING FEATURES 10 BDRMS, 4 BATHS - 1ST FLR STUDIO UNIT W/ FULL KITCHEN & BATH (COMMERCIAL UNIT), 1ST FLR 4 BDRM, 1 BATH UNIT, 2ND FLR 4 BDRM, 1 BATH UNIT & 2ND FLR 2 BDRM, 1 BATH UNIT. UPDATED KITCHEN & BATHS. HARDWOOD FLOORS THROUGHOUT IN ALL UNITS BUT THE STUDIO. GAS FORCED HEAT, 400 AMP SERVICE. SEPARATE ELECTRIC PANELS, FURNACES & HOT WATER TANKS IN EACH UNIT & 4 GAS METERS. FULL BASEMENT W/ ADDITIONAL STORAGE. PROPERTY IS IN GOOD CONDITION BUT BEING SOLD IN "AS IS" CONDITION. UPDATED UNITS WILL COMMAND TOP RENTS FOR THE AREA TO SAVVY INVESTORS OR LIVE IN ONE UNIT & RENT THE OTHERS. 2ND FLR SECTION 8 TENANT. ALL APTS. HAVE BEEN SECTION 8 RENTED DURING SELLER'S OWNERSHIP.
Sold for $300,000
$300,000
2548 W 71st St, Chicago, IL 60629
10beds
3,807sqft
MultiFamily
Built in 1931
-- sqft lot
$477,000 Zestimate®
$79/sqft
$1,879 Estimated rent
Home value
$477,000
$434,000 - $520,000
$1,879/mo
Zestimate® history
Owner options
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$1,879/mo
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$1,879/mo
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$2,212/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,807 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Brick
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 1924425020
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Built-up
Condition
- Year built: 1931
Utilities & green energy
- Sewer: Sewer-Public, Sewer-Storm
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $310,010
- Annual tax amount: $6,228
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $300,000-17.8%$79/sqft |
Source: Public Record Report a problem | ||
| 6/26/2023 | Listing removed | -- |
Source: | ||
| 6/21/2023 | Listed for sale | $365,000-1.3%$96/sqft |
Source: | ||
| 12/22/2021 | Listing removed | -- |
Source: | ||
| 10/21/2021 | Contingent | $369,900$97/sqft |
Source: | ||
| 10/13/2021 | Listed for sale | $369,900+0.2%$97/sqft |
Source: | ||
| 10/13/2021 | Listing removed | -- |
Source: | ||
| 10/9/2021 | Contingent | $369,000$97/sqft |
Source: | ||
| 9/15/2021 | Listed for sale | $369,000+25%$97/sqft |
Source: | ||
| 1/7/2021 | Sold | $295,100+5.4%$78/sqft |
Source: | ||
| 1/5/2021 | Contingent | $279,900$74/sqft |
Source: | ||
| 11/9/2020 | Pending sale | $279,900$74/sqft |
Source: HomeSmart Realty Group #10924922 Report a problem | ||
| 11/4/2020 | Listed for sale | $279,900+107.3%$74/sqft |
Source: HomeSmart Realty Group #10924922 Report a problem | ||
| 9/11/2007 | Sold | $135,000-28.9%$35/sqft |
Source: | ||
| 4/27/2006 | Sold | $190,000+93.9%$50/sqft |
Source: Public Record Report a problem | ||
| 1/17/2001 | Sold | $98,000+27.3%$26/sqft |
Source: Public Record Report a problem | ||
| 5/3/1996 | Sold | $77,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,228 +47.6% | $31,001 +55% |
| 2023 | $4,220 +2.6% | $20,000 |
| 2022 | $4,114 +2.3% | $20,000 |
| 2021 | $4,022 +43.9% | $20,000 +59.4% |
| 2020 | $2,795 -3.5% | $12,548 -13% |
| 2019 | $2,898 +1.7% | $14,424 |
| 2018 | $2,849 -21.8% | $14,424 -9.9% |
| 2017 | $3,642 -6.1% | $16,017 -12.8% |
| 2016 | $3,880 -0.8% | $18,374 -9.1% |
| 2015 | $3,912 +31.9% | $20,206 +33.8% |
| 2014 | $2,966 -19.3% | $15,099 -20.8% |
| 2013 | $3,675 +1% | $19,060 |
| 2012 | $3,640 -1.9% | $19,060 -10.5% |
| 2011 | $3,709 +375% | $21,298 +371.2% |
| 2010 | $781 -78% | $4,520 -78.8% |
| 2009 | $3,547 -3.1% | $21,298 -11.5% |
| 2008 | $3,660 +1% | $24,061 |
| 2007 | $3,623 -0.6% | $24,061 |
| 2006 | $3,646 +30.8% | $24,061 +50.1% |
| 2005 | $2,787 +1.2% | $16,027 |
| 2004 | $2,755 +3.7% | $16,027 |
| 2003 | $2,657 | $16,027 |
Find assessor info on the county website
Neighborhood: Marquette Park
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Nearby schools
GreatSchools rating
- 3/10Mckay Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Gage Park High SchoolGrades: 9-12Distance: 1.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$477,000
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
$477,000
- Illinois
- Cook County
- Chicago
- 60629
- Marquette Park
- 2548 W 71st St