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  • $288,000

    7245 S Washtenaw Ave, Chicago, IL 60629

    5beds
    --sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $402,200 Zestimate®
    $--/sqft
    $1,940 Estimated rent

    Home value

    $402,200

    $374,000 - $430,000

    $1,940/mo

    Zestimate® history
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    $2,064/mo

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    What's special

    In a market with limited inventory this jumbo two unit with a finished basement in the sought after Marquette Park community is not a building you will want to overlook! The first-floor unit living room features a large picture window with western exposure that allows tons of natural light come through and really brightens the space. There are three bedrooms in the first-floor unit while the second-floor unit features two spacious bedrooms. There is hardwood flooring under the carpeting which is waiting to be refinished and brought back to life. The kitchens are very spacious with eat in area that offers room for a breakfast table in each unit. The basement is finished and can be used as an in law set up if desired as there is a third bathroom in the finished lower level. The building has separate boiler systems for each unit along with separate hot water heaters. The building also features an all brick 2 car garage, rent a space with each unit and increase the cash flow! Within walking distance to Marquette Park, close to Western AVe and on a quiet street this location is hard to pass on! Buildings such as this with value-add equity potential do not hit the market often, this one will not last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Smith 708-246-6300,

    RE/MAX Properties

    Bought with:

    Salvador Gonzalez

    RE/MAX Mi Casa

    Source: MRED as distributed by MLS GRID,MLS#: 12260558MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,780 Square Feet
    • Dimensions: 30 X 126
    Details
    • Parcel number: 19252100150000
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $200,000
    • Annual tax amount: $2,243
    • Date on market: 12/26/2024
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/17/2025Listing removed$519,900
    Source: MRED as distributed by MLS GRID #12465934 Report a problem
    10/20/2025Pending sale$519,900
    Source: MRED as distributed by MLS GRID #12465934 Report a problem
    10/10/2025Contingent$519,900
    Source: MRED as distributed by MLS GRID #12465934 Report a problem
    9/8/2025Listed for sale$519,900
    Source: MRED as distributed by MLS GRID #12465934 Report a problem
    9/8/2025Listing removed$519,900
    Source: MRED as distributed by MLS GRID #12455685 Report a problem
    8/4/2025Listed for sale$519,900-5.5%
    Source: MRED as distributed by MLS GRID #12437388 Report a problem
    8/4/2025Listing removed$549,900
    Source: MRED as distributed by MLS GRID #12407271 Report a problem
    7/3/2025Listed for sale$549,900+90.9%
    Source: MRED as distributed by MLS GRID #12407271 Report a problem
    1/30/2025Sold$288,000
    Source: MRED as distributed by MLS GRID #12260558 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,839 +21.3%$20,000 +17.6%
    2023$2,340 +4.3%$17,000
    2022$2,243 +73.9%$17,000
    2021$1,290 +7.4%$17,000 +47.1%
    2020$1,201 -7.6%$11,560 -13%
    2019$1,300 +1.9%$13,288
    2018$1,276 -13.4%$13,288 -4.5%
    2017$1,473 -22.5%$13,918
    2016$1,901 +3.8%$13,918
    2015$1,832 +0.6%$13,918 -5.8%
    2014$1,821 -0.5%$14,776
    2013$1,830 +6.4%$14,776
    2012$1,720 +7.7%$14,776 -24.6%
    2011$1,597 +11.9%$19,585
    2010$1,427 +5.9%$19,585
    2009$1,348 -4.9%$19,585 -21.3%
    2008$1,418 -7%$24,900
    2007$1,525 -5.4%$24,900
    2006$1,612 -12.9%$24,900 +73%
    2005$1,851 -5.5%$14,395
    2004$1,958 +4.7%$14,395
    2003$1,870 -4.7%$14,395 +9.3%
    2002$1,962 -3.3%$13,174
    2001$2,029 -9.1%$13,174
    2000$2,233 +0.9%$13,174 +1.3%
    1999$2,212 $13,002
    Find assessor info on the county website

    Neighborhood: Marquette Park

    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
    $402,200
    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
    $402,200