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!
Sold for $40,000
$40,000
7050 S Elizabeth St, Chicago, IL 60636
8beds
3baths
3,377sqft
MultiFamily
Built in 1913
-- sqft lot
$350,800 Zestimate®
$12/sqft
$1,391 Estimated rent
Home value
$350,800
$270,000 - $428,000
$1,391/mo
Zestimate® history
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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 Square Feet
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 & HOA
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $12/sqft
- Tax assessed value: $180,000
- Annual tax amount: $3,616
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Sold | $40,000-66.7%$12/sqft |
Source: Public Record Report a problem | ||
| 6/30/2022 | Sold | $120,000-7.7%$36/sqft |
Source: | ||
| 6/21/2022 | Pending sale | $130,000$38/sqft |
Source: | ||
| 6/2/2022 | Listed for sale | $130,000+147.6%$38/sqft |
Source: | ||
| 11/17/2016 | Listing removed | $52,500$16/sqft |
Source: United Real Estate - Chicago #09282878 Report a problem | ||
| 9/26/2016 | Price change | $52,500-13.8%$16/sqft |
Source: United Real Estate - Chicago #09282878 Report a problem | ||
| 8/23/2016 | Price change | $60,888-14.1%$18/sqft |
Source: United Real Estate - Chicago #09282878 Report a problem | ||
| 8/12/2016 | Price change | $70,888-12.4%$21/sqft |
Source: United Real Estate - Chicago #09282878 Report a problem | ||
| 7/11/2016 | Listed for sale | $80,888-70.6%$24/sqft |
Source: United Real Estate - Chicago #09282878 Report a problem | ||
| 9/18/2015 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 9/8/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 6/19/2015 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 1/17/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 7/16/2009 | Sold | $275,000+848.3%$81/sqft |
Source: Public Record Report a problem | ||
| 12/31/2008 | Sold | $29,000-85.9%$9/sqft |
Source: Public Record Report a problem | ||
| 11/3/2003 | Sold | $205,000+236.1%$61/sqft |
Source: Public Record Report a problem | ||
| 4/15/1999 | Sold | $61,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,616 +144.9% | $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 homes
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Nearby schools
GreatSchools rating
- 2/10Bond Elementary SchoolGrades: PK-8Distance: 0.1 mi
- NAEXCEL ACADEMY - ENGLEWOOD HSGrades: 9-12Distance: 0.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$350,800
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
$350,800
- Illinois
- Cook County
- Chicago
- 60636
- Englewood
- 7050 S Elizabeth St