**Exciting Investment Opportunity: Your Dream Property Awaits! Fire your landlord and step into the exciting world of property ownership with this unique multi-use property located at the edge of Washington Park! With high foot traffic and exceptional visibility, this is a rare opportunity to establish your business and generate rental income simultaneously. **Property Highlights:**Prime Location:** Situated next to a vibrant Dunkin Donuts and just two blocks from the I-94 Dan Ryan Expressway, ensuring easy access and connectivity. The surrounding area is undergoing renovations, promising growth and increased value. **Versatile Commercial Space:** The first floor features a blank canvas, a 1,700 sq ft vanilla box commercial space with completed drywall and laminate floors. Perfect for an office or restaurant, it comes equipped with ductwork throughout and a half bath, ready for your vision! - **Spacious Residential Living:** The second and third floors boast a large three-bedroom apartment with a den and two full bathrooms, also each floor offering nearly 1,700 sq ft. Enjoy a generous living room, dining room, and a full-size kitchen with abundant cabinet space. The unit is complete with washer and dryer connections, and an enclosed back porch for added charm. **Parking Potential:** Currently, there is off-street parking available, and you can modify the gated area to allow for 2-3 parking spaces. Ample free street parking is also available! - **Convenient Access to Amenities:** Just 5 minutes from the University of Chicago Hospital and surrounded by a plethora of stores and restaurants, experiencing the charm of city living has never been easier. This is a once-in-a-lifetime opportunity to own a property that combines business potential with comfortable living! Don't miss out on your chance to invest in your future. Schedule your viewing today-this gem won't last long!
Sold for $740,000
$740,000
5444 S State St, Chicago, IL 60609
6beds
5baths
--sqft
Other
Built in 1886
-- sqft lot
$737,500 Zestimate®
$--/sqft
$4,091 Estimated rent
Home value
$737,500
$649,000 - $826,000
$4,091/mo
Zestimate® history
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$5,357/mo
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Source: EXIT Realty broker feed,MLS#: 12203237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Natural Gas
Features
- Basement: Unfinished, Full
- Has fireplace: No
Property
Details
- Parcel number: 2009423082
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Condition
- Year built: 1886
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $270,000
- Annual tax amount: $5,444
- Date on market: 1/2/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Sold | $740,000-1.3% |
Source: Public Record Report a problem | ||
| 1/13/2025 | Contingent | $750,000 |
Source: | ||
| 1/1/2025 | Listed for sale | $750,000 |
Source: | ||
| 12/17/2024 | Listing removed | $750,000 |
Source: | ||
| 11/4/2024 | Listed for sale | $750,000+472.5% |
Source: | ||
| 7/18/2022 | Sold | $131,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,444 +157.2% | $27,000 +170% |
| 2023 | $2,117 +2.6% | $10,000 |
| 2022 | $2,063 +2.3% | $10,000 |
| 2021 | $2,017 -43.4% | $10,000 -37.4% |
| 2020 | $3,561 -3.5% | $15,985 -13% |
| 2019 | $3,692 +1.7% | $18,374 |
| 2018 | $3,629 +30.8% | $18,374 +42.6% |
| 2017 | $2,775 +7.5% | $12,889 |
| 2016 | $2,581 +9.3% | $12,889 |
| 2015 | $2,362 +10.3% | $12,889 +11.7% |
| 2014 | $2,141 +2% | $11,542 |
| 2013 | $2,099 +1.4% | $11,542 |
| 2012 | $2,071 -7% | $11,542 -16.1% |
| 2011 | $2,228 -0.4% | $13,750 |
| 2010 | $2,237 +4.4% | $13,750 |
| 2009 | $2,144 +5.2% | $13,750 -3.2% |
| 2008 | $2,037 +1% | $14,202 |
| 2007 | $2,017 -1.1% | $14,202 |
| 2006 | $2,039 +28.7% | $14,202 +46.5% |
| 2005 | $1,584 +1% | $9,691 |
| 2004 | $1,568 +2.2% | $9,691 |
| 2003 | $1,534 | $9,691 |
Find assessor info on the county website
Neighborhood: The Robert Taylor Homes
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Nearby schools
GreatSchools rating
- 2/10Beethoven Elementary SchoolGrades: PK-8Distance: 0.9 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$737,500
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
$737,500
- Illinois
- Cook County
- Chicago
- 60609
- The Robert Taylor Homes
- 5444 S State St