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Sold for $40,000
  • $40,000

    7050 S Elizabeth St, Chicago, IL 60636

    8beds
    3baths
    3,377sqft
    MultiFamily
    Built in 1913
    -- sqft lot
    $342,700 Zestimate®
    $12/sqft
    $1,467 Estimated rent

    Home value

    $342,700

    $267,000 - $415,000

    $1,467/mo

    Zestimate® history
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    $1,467/mo

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    $1,467/mo

    Rent Zestimate®

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    $235/mo

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    $235/mo

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    What's special

    Rarely does a building such as this with so much potential hit the market and you do not want to miss this opportunity. This is a solid, all brick, legal 3 unit with tons of upside, each unit features expansive floor plans with three bedrooms per unit, large octagon style living rooms, formal dining room, this can be a great income producing property! The building has had updates done within the last 5 years with minor updates needed to bring to peak condition, flooring is in good shape, kitchen cabinets in the second floor unit are newer, bathrooms are in good shape. The basement is finished and is a legal third unit, the cash flow potential on this building while building equity is insane! The location should not be overlooked either, blocks from Dan Ryan, Red Line, 79th St and much more, rarely do legal 3 unit buildings hit the market and this one will not last long at this value!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Partially Finished
    Interior area
    • Total interior livable area: 3,377 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 2020330043

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1913

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Status: Active
    • Water: Lake Michigan
    • Basement: Partially Finished
    • Age: 100+ Years
    • Type-Multi: 2 Flat
    • Appliances/Features Unit 1: Stove, Refrigerator
    • Appliances/Features Unit 2: Stove, Refrigerator
    • 3 Br Un In Bldg (Y/N): Yes
    • Tenant Pays - Unit 1: Electric
    • Tenant Pays - Unit 2: Electric
    • Recent Rehab (Y/N): Yes
    • Lot Dimensions: 30 X 124
    • Basement (Y/N): Full, Walkout

    Price history

    DateEventPrice
    6/4/2025Sold$40,000-66.7%$12/sqft
    Source: Public Record Report a problem
    6/30/2022Sold$120,000-7.7%$36/sqft
    Source: MRED as distributed by MLS GRID #11422026 Report a problem
    6/21/2022Pending sale$130,000$38/sqft
    Source: RE/MAX International #11422026 Report a problem
    6/2/2022Listed for sale$130,000+147.6%$38/sqft
    Source: RE/MAX International #11422026 Report a problem
    11/17/2016Listing removed$52,500$16/sqft
    Source: United Real Estate - Chicago #09282878 Report a problem
    9/26/2016Price change$52,500-13.8%$16/sqft
    Source: United Real Estate - Chicago #09282878 Report a problem
    8/23/2016Price change$60,888-14.1%$18/sqft
    Source: United Real Estate - Chicago #09282878 Report a problem
    8/12/2016Price change$70,888-12.4%$21/sqft
    Source: United Real Estate - Chicago #09282878 Report a problem
    7/11/2016Listed for sale$80,888-70.6%$24/sqft
    Source: United Real Estate - Chicago #09282878 Report a problem
    9/18/2015Listing removed--
    Source: Auction.com Report a problem
    9/8/2015Listed for sale--
    Source: Auction.com Report a problem
    6/19/2015Listing removed--
    Source: Auction.com Report a problem
    1/17/2015Listed for sale--
    Source: Auction.com Report a problem
    7/16/2009Sold$275,000+848.3%$81/sqft
    Source: Public Record Report a problem
    12/31/2008Sold$29,000-85.9%$9/sqft
    Source: Public Record Report a problem
    11/3/2003Sold$205,000+236.1%$61/sqft
    Source: Public Record Report a problem
    4/15/1999Sold$61,000$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $18,000 +157.2%
    2023$1,477 +2.6%$6,999
    2022$1,440 +2.3%$6,999
    2021$1,407 -13.9%$6,999 -4.6%
    2020$1,634 -2.4%$7,337 -12%
    2019$1,675 +1.7%$8,338
    2018$1,647 -60.8%$8,338 -57.3%
    2017$4,203 +7.5%$19,525
    2016$3,911 -0.1%$19,525 -8.6%
    2015$3,914 -14.8%$21,361 -13.7%
    2014$4,593 +2%$24,755
    2013$4,502 +1.4%$24,755
    2012$4,442 +34.4%$24,755 +21.4%
    2011$3,304 -0.4%$20,392
    2010$3,318 +4.4%$20,392
    2009$3,180 +13.8%$20,392 +4.7%
    2008$2,794 +1%$19,474
    2007$2,766 -1.1%$19,474
    2006$2,796 +36.4%$19,474 +55.2%
    2005$2,050 +1%$12,544
    2004$2,029 +27.1%$12,544 +24.3%
    2003$1,597 +75.8%$10,092 +99.6%
    2002$908 +3.8%$5,056
    2001$876 -11%$5,056
    2000$984 -0.7%$5,056 -1.3%
    1999$990 $5,121

    Find assessor info on the county website

    Neighborhood: Englewood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $342,700
    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
    $342,700