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  • $350,550

    7009 S Indiana Ave, Chicago, IL 60637

    4beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $372,100 Zestimate®
    $--/sqft
    $1,735 Estimated rent

    Home value

    $372,100

    $346,000 - $398,000

    $1,735/mo

    Zestimate® history
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    $2,457/mo

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    What's special

    Newly paved drivewaySeparate side entranceAmple storage spaceGenerous lot sizeRemodeled bathroomsUpdated flooring
    CALLING ALL INVESTORS! Prime Investment Opportunity: Highly Profitable 2-Unit Building with Versatile Potential Discover an exceptional investment prospect that guarantees impressive returns and a multitude of options. 60+ Airbnb reservations booked out ready to be taken on by a new owner! This profitable 2-unit building presents an ideal opportunity for savvy investors looking to capitalize on rental income, Airbnb success, or the flexibility to convert it into a single-family home. Each unit features 2 bedrooms, 1 bathroom, and a convenient laundry area, ensuring comfortable living for tenants. Recently remodeled bathrooms, updated flooring, and ample storage space add a touch of modernity and practicality to the property. An additional advantage comes in the form of a bonus garden unit with a separate side entrance, expanding the income potential or offering personal usage opportunities. This property boasts several attractive qualities, including low taxes, a generous lot size, and abundant street parking options. Moreover, a newly paved driveway with a gate closure allows secure parking for two cars. Investors can confidently seize this highly profitable asset, benefitting from its current success and numerous possibilities for future growth. Don't miss out on this investment opportunity that combines profitability with versatility.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Isabella Webb 312-931-7230,

    Engel & Voelkers Chicago

    Bought with:

    Nia Crawford

    Dream Spots Leasing Inc

    Source: MRED as distributed by MLS GRID,MLS#: 11800497MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Exterior Entry,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Alley, Secured, On Site, Owned
    Lot
    • Size: 3,125 sqft
    • Dimensions: 25X125
    Details
    • Parcel number: 20223230030000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Major remodel year: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/24/2023Sold$350,550+63%
    Source: MRED as distributed by MLS GRID #11800497 Report a problem
    5/30/2018Sold$215,000+150.9%
    Source: MRED as distributed by MLS GRID #09848993 Report a problem
    11/18/2016Sold$85,700-61%
    Source: Agent Provided Report a problem
    8/30/2012Sold$220,000+566.7%
    Source: Public Record Report a problem
    6/24/2011Sold$33,000-86.8%
    Source: Public Record Report a problem
    5/14/2007Sold$250,000-30.7%
    Source: Public Record Report a problem
    10/11/2005Sold$360,500+300.6%
    Source: Public Record Report a problem
    9/25/1998Sold$90,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $24,000 +60%
    2023$3,165 +2.6%$14,999
    2022$3,085 +2.3%$14,999
    2021$3,016 +15.9%$14,999 +28.4%
    2020$2,602 -2.4%$11,680 -12%
    2019$2,667 +1.7%$13,273
    2018$2,622 -39.2%$13,273 -33.8%
    2017$4,314 +7.5%$20,039
    2016$4,014 +9.3%$20,039
    2015$3,672 +34%$20,039 +35.7%
    2014$2,740 +2%$14,766
    2013$2,686 +1.4%$14,766
    2012$2,650 -16.8%$14,766 -24.8%
    2011$3,184 -0.4%$19,647
    2010$3,197 +4.4%$19,647
    2009$3,064 -5.6%$19,647 -13.2%
    2008$3,247 +1%$22,632
    2007$3,214 -1.1%$22,632
    2006$3,249 +58.6%$22,632 +80.6%
    2005$2,048 +1%$12,533
    2004$2,027 +2.2%$12,533
    2003$1,983 +20%$12,533 +36.3%
    2002$1,653 +3.7%$9,198
    2001$1,593 +9.8%$9,198
    2000$1,451 -0.7%$9,198 +21.8%
    1999$1,461 $7,552

    Find assessor info on the county website

    Neighborhood: Park Manor

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Deneen Elementary School
    • 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
    $372,100
    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
    $372,100