MULTIPLE OFFERS H&B BY MONDAY AT 12 PM. Welcome to an incredible investment opportunity in the heart of Portage Park! This legal three-unit brick building is perfect for someone seeking great income potential in a prime location near the Portage Park District, shopping centers, coffee shops, public transportation and much more! Each unit has its own unique charm and features a spacious layout, large bedrooms and enclosed rear porches for extra storage. All three units have their own separate utilities; this includes water heaters, boilers, gas and electric meters. Two of the boilers were replaced in 2023. The well maintained backyard has a patio and a 2 car garage. Plenty of new development in the area. This is an Estate Sale, being SOLD AS IS, with great potential for excellent cash flow.
Closed
$570,000
3842 N Central Ave, Chicago, IL 60634
5beds
--sqft
Multi Family
Built in 1955
-- sqft lot
$698,500 Zestimate®
$--/sqft
$2,706 Estimated rent
Home value
$698,500
$650,000 - $754,000
$2,706/mo
Zestimate® history
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$3,355/mo
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Zillow last checked:
Listing updated:
Listed by:
Margarita Lopez 708-697-5900,
Baird & Warner, Inc.
Bought with:
Tara Leinenweber
Keller Williams ONEChicago
Source: MRED as distributed by MLS GRID,MLS#: 12108849
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Steam, Baseboard
Features
- Basement: Finished,Exterior Entry,Storage Space,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Features
- Fencing: Fenced
Lot
- Size: 4,000 Square Feet
- Dimensions: 32X125
Details
- Additional structures: None
- Parcel number: 13202110360000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1955
Details
- Builder model: 3-FLAT
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Pool, Tennis Court(s), Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $480,000
- Annual tax amount: $9,494
- Date on market: 7/11/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2024 | Sold | $570,000+3.8% |
Source:  MRED as distributed by MLS GRID #12108849 Report a problem | ||
| 7/17/2024 | Contingent | $549,000 |
Source: MRED as distributed by MLS GRID #12108849 Report a problem | ||
| 7/11/2024 | Listed for sale | $549,000 |
Source: MRED as distributed by MLS GRID #12108849 Report a problem | ||
| 4/23/2024 | Pending sale | $549,000 |
Source: MRED as distributed by MLS GRID #12024815 Report a problem | ||
| 4/18/2024 | Listed for sale | $549,000+30.7% |
Source: MRED as distributed by MLS GRID #12024815 Report a problem | ||
| 10/14/2016 | Sold | $420,000-4.3% |
Source: MRED as distributed by MLS GRID #09311984 Report a problem | ||
| 9/19/2016 | Pending sale | $439,000 |
Source: RE/MAX City #09311984 Report a problem | ||
| 8/26/2016 | Price change | $439,000-2.2% |
Source: RE/MAX City #09311984 Report a problem | ||
| 8/10/2016 | Price change | $449,000-2.2% |
Source: RE/MAX City #09311984 Report a problem | ||
| 7/13/2016 | Price change | $459,000-2.1% |
Source: RE/MAX City #09311984 Report a problem | ||
| 6/20/2016 | Price change | $469,000-2.1% |
Source: RE/MAX City #09311984 Report a problem | ||
| 5/23/2016 | Listed for sale | $479,000+36.9% |
Source: RE/MAX City #09311984 Report a problem | ||
| 10/13/2015 | Sold | $350,000+0% |
Source: Public Record Report a problem | ||
| 7/29/2015 | Pending sale | $349,900 |
Source: RE/MAX City #08994426 Report a problem | ||
| 7/27/2015 | Listed for sale | $349,900 |
Source: RE/MAX City #08994426 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $48,000 +6.7% |
| 2023 | $9,495 +2.6% | $45,000 |
| 2022 | $9,256 +2.3% | $45,000 |
| 2021 | $9,049 +16.8% | $45,000 +29.4% |
| 2020 | $7,744 -3.5% | $34,764 -13% |
| 2019 | $8,028 +1.7% | $39,959 |
| 2018 | $7,893 +8.1% | $39,959 +17.9% |
| 2017 | $7,299 +7.5% | $33,906 |
| 2016 | $6,791 +9.3% | $33,906 |
| 2015 | $6,213 +20% | $33,906 +2.5% |
| 2014 | $5,177 -0.4% | $33,070 |
| 2013 | $5,195 +0.5% | $33,070 |
| 2012 | $5,167 -14.3% | $33,070 -22.3% |
| 2011 | $6,028 +1.4% | $42,586 |
| 2010 | $5,944 +44.1% | $42,586 |
| 2009 | $4,126 -1.6% | $42,586 -7.9% |
| 2008 | $4,193 +3.2% | $46,216 |
| 2007 | $4,064 -10% | $46,216 |
| 2006 | $4,514 -14.2% | $46,216 +16.9% |
| 2005 | $5,264 +2.4% | $39,533 |
| 2004 | $5,139 +3.4% | $39,533 |
| 2003 | $4,969 +17.7% | $39,533 +56.1% |
| 2002 | $4,222 +4.6% | $25,322 |
| 2001 | $4,034 +3.2% | $25,322 |
| 2000 | $3,908 -0.4% | $25,322 +13.3% |
| 1999 | $3,922 | $22,345 |
Find assessor info on the county website
Neighborhood: Portage Park
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Nearby schools
GreatSchools rating
- 4/10Gray Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Schurz High SchoolGrades: 9-12Distance: 1.7 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
$698,500
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
$698,500
- Illinois
- Cook County
- Chicago
- 60634
- Portage Park
- 3842 N Central Ave
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