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Sold for $300,000
  • $300,000

    2548 W 71st St, Chicago, IL 60629

    10beds
    3,807sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $479,300 Zestimate®
    $79/sqft
    $1,710 Estimated rent

    Home value

    $479,300

    $436,000 - $522,000

    $1,710/mo

    Zestimate® history
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    $1,710/mo

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    $2,115/mo

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    What's special

    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.

    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 sqft
    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 & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Brick
    • Heat/Fuel: Gas, Forced Air
    • Sewer: Sewer-Public, Sewer-Storm
    • Water: Public, Lake Michigan
    • Listing Type: Exclusive Right To Sell
    • Basement: Unfinished
    • Status: Contingent
    • Appliances/Features Unit 1: Stove
    • 3 Br Un In Bldg (Y/N): Yes
    • Type-Multi: 4 Flat
    • Age: 81-90 Years
    • Lot Dimensions: 25X125
    • Appliances/Features Unit 2: Stove, Refrigerator
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Basement (Y/N): Full
    • Appliances/Features Unit 3: Stove, Refrigerator
    • Appliances/Features Unit 4: Stove, Refrigerator
    • Tenant Pays - Unit 3: Electric, Gas, Heat
    • Tenant Pays - Unit 4: Electric, Gas, Heat
    • Tax Year: 2019
    • Parcel Identification Number: 19244250200000

    Price history

    DateEventPrice
    5/15/2024Sold$300,000-17.8%$79/sqft
    Source: Public Record Report a problem
    6/26/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11813812 Report a problem
    6/21/2023Listed for sale$365,000-1.3%$96/sqft
    Source: MRED as distributed by MLS GRID #11813812 Report a problem
    12/22/2021Listing removed--
    Source: MRED as distributed by MLS GRID #11245469 Report a problem
    10/21/2021Contingent$369,900$97/sqft
    Source: MRED as distributed by MLS GRID #11245469 Report a problem
    10/13/2021Listed for sale$369,900+0.2%$97/sqft
    Source: MRED as distributed by MLS GRID #11245469 Report a problem
    10/13/2021Listing removed--
    Source: MRED as distributed by MLS GRID #11235967 Report a problem
    10/9/2021Contingent$369,000$97/sqft
    Source: MRED as distributed by MLS GRID #11235967 Report a problem
    9/15/2021Listed for sale$369,000+25%$97/sqft
    Source: MRED as distributed by MLS GRID #11220078 Report a problem
    1/7/2021Sold$295,100+5.4%$78/sqft
    Source: MRED as distributed by MLS GRID #10924922 Report a problem
    1/5/2021Contingent$279,900$74/sqft
    Source: MRED as distributed by MLS GRID #10924922 Report a problem
    11/9/2020Pending sale$279,900$74/sqft
    Source: HomeSmart Realty Group #10924922 Report a problem
    11/4/2020Listed for sale$279,900+107.3%$74/sqft
    Source: HomeSmart Realty Group #10924922 Report a problem
    9/11/2007Sold$135,000-28.9%$35/sqft
    Source: MRED as distributed by MLS GRID #06566930 Report a problem
    4/27/2006Sold$190,000+93.9%$50/sqft
    Source: Public Record Report a problem
    1/17/2001Sold$98,000+27.3%$26/sqft
    Source: Public Record Report a problem
    5/3/1996Sold$77,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $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

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $479,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $479,300