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  • $680,000

    3948 N Olcott Ave, Chicago, IL 60634

    7beds
    --sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $745,200 Zestimate®
    $--/sqft
    $2,108 Estimated rent

    Home value

    $745,200

    $700,000 - $797,000

    $2,108/mo

    Zestimate® history
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    What's special

    Highest and best due by 9PM Sun. 6/30. Legal 3 unit investment property consisting of a 3 bed bungalow plus separate 2023 remodelled 2 unit on double lot! Back duplex units were remodelled with the owners intention of staying and no detail was spared. Back units each have 2 bedrooms, 1 bath and are ready for their first tenants since the remodel. Beautiful new kitchens, LG SS appliances, new counters, under cabinet lighting. Bathrooms were gutted and finished with glass sliding doors, Kohler fixtures, and have linen closets. Units have new hardwood floors, doors, windows, furnaces, ductwork and central air units. Newer water heaters. Front bungalow has 3 beds, 1 bath, living room, dining room, eat in kitchen on main floor. Huge unfinished basement with new water heater, copper plumbing, duct work, circuit breaker box. New roofs on both buildings - 2019. Smart key technology for easy changing of locks. Large lot allows for plenty of outdoor space for recreation and relaxation. Ample street parking. Long time tenants in bungalow would love to stay but are month to month.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Beirne 773-775-7434,

    Dream Town Real Estate,

    Richard Murawski 312-810-9672,

    Dream Town Real Estate

    Bought with:

    Carlos Rocha

    Chicagoland Brokers, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12091157MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Utility Room-Lower Level
    Heating
    • Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Storage Space,Full

    Property

    Features
    • Patio & porch: Patio
    Lot
    • Size: 6,466 Square Feet
    • Dimensions: 53 X 122
    Details
    • Parcel number: 12242010590000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Ceiling Fan(s), Sump Pump

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1923
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $520,000
    • Annual tax amount: $9,667
    • Date on market: 6/21/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/29/2024Sold$680,000+3.2%
    Source: MRED as distributed by MLS GRID #12091157 Report a problem
    7/2/2024Contingent$659,000
    Source: MRED as distributed by MLS GRID #12091157 Report a problem
    6/21/2024Listed for sale$659,000
    Source: MRED as distributed by MLS GRID #12091157 Report a problem
    6/21/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12083204 Report a problem
    6/15/2024Contingent$659,000
    Source: MRED as distributed by MLS GRID #12083204 Report a problem
    6/13/2024Price change$659,000-2.4%
    Source: MRED as distributed by MLS GRID #12083204 Report a problem
    5/31/2024Listed for sale$675,000
    Source: MRED as distributed by MLS GRID #12064819 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $52,000 +10.6%
    2023$9,917 +2.6%$47,000
    2022$9,667 +2.3%$47,000
    2021$9,451 +53.9%$47,000 +70.5%
    2020$6,141 -0.8%$27,565 -10.6%
    2019$6,191 +1.7%$30,817
    2018$6,087 -40.2%$30,817 -34.9%
    2017$10,186 +7.5%$47,318
    2016$9,477 +9.3%$47,318
    2015$8,671 +21.7%$47,318 +23.2%
    2014$7,126 -0.4%$38,409 -2.4%
    2013$7,158 -3%$39,357 -4.3%
    2012$7,382 -7.9%$41,136 -26.3%
    2008$8,011 +1%$55,845
    2007$7,931 +9.4%$55,845 +25.8%
    2005$7,252 +1%$44,384
    2004$7,179 +2.2%$44,384
    2003$7,023 +3.8%$44,384 +17.8%
    2002$6,768 +3.8%$37,670
    2001$6,523 +15.3%$37,670 +28.7%
    1999$5,659 $29,263
    Find assessor info on the county website

    Neighborhood: Belmont Heights

    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
    $745,200
    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
    $745,200