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  • $355,000

    7408 S Emerald Ave, Chicago, IL 60621

    6beds
    --sqft
    Multi Family
    Built in 1913
    -- sqft lot
    $380,100 Zestimate®
    $--/sqft
    $1,669 Estimated rent

    Home value

    $380,100

    $338,000 - $426,000

    $1,669/mo

    Zestimate® history
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    $2,489/mo

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    What's special

    Full unfinished basementRefinished hardwood floorsInterior paint
    Great Investment Opportunity! Solid Brick 4 Unit Building with 2 car detached brick garage and full, unfinished basement! Two - 2 bedroom units and two - 1 bedroom units - all with large living and dining rooms! Units 2 and 4 are currently rented month to month and Unit 3 is rented to a long term Section 8 tenant. Unit 1 is currently vacant. Unit1 has been recently painted and refreshed and units 2 and 4 were updated in 2020 with refinished hardwood floors, fixtures and interior paint! Water heater and furnace were replaced in 2022! Unit 1 needs updates/repairs. Rents haven't been increased since 2019 and could be substantially increased! SELLER IS SENDING NOTICES TO INCREASE CURRENT RENTS AND RENT THE VACANT UNITS AND NEW MONTHLY RENT IS EXPECTED TO Increase to 4,045. The seller will accept offer contingent on providing updated leases. Being sold As Is.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Harry Ventimiglia 312-485-1867,

    Keller Williams Preferred Rlty,

    Jacqui Tracy 815-260-1448,

    Keller Williams Preferred Rlty

    Bought with:

    Laura Young

    Neighborhood Assistance Corp.

    Source: MRED as distributed by MLS GRID,MLS#: 12074286MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Features
    • Fencing: Fenced
    Lot
    • Size: 5,760 sqft
    • Dimensions: 40X144
    Details
    • Parcel number: 20281180170000
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1913
    • Major remodel year: 2020

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Renovation Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/11/2025Sold$355,000
    Source: Public Record Report a problem
    1/24/2025Sold$355,000-5.3%
    Source: MRED as distributed by MLS GRID #12074286 Report a problem
    11/28/2024Pending sale$374,999
    Source: MRED as distributed by MLS GRID #12074286 Report a problem
    10/28/2024Contingent$374,999
    Source: MRED as distributed by MLS GRID #12074286 Report a problem
    9/26/2024Price change$374,999-6.3%
    Source: MRED as distributed by MLS GRID #12074286 Report a problem
    8/21/2024Price change$400,000-2.4%
    Source: MRED as distributed by MLS GRID #12074286 Report a problem
    6/20/2024Listed for sale$410,000+2.5%
    Source: MRED as distributed by MLS GRID #12074286 Report a problem
    5/24/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12018462 Report a problem
    5/21/2024Price change$400,000-2.4%
    Source: MRED as distributed by MLS GRID #12018462 Report a problem
    4/13/2024Listed for sale$410,000
    Source: MRED as distributed by MLS GRID #12018462 Report a problem
    4/6/2024Contingent$410,000
    Source: MRED as distributed by MLS GRID #12018462 Report a problem
    4/2/2024Listed for sale$410,000-4.7%
    Source: MRED as distributed by MLS GRID #12018462 Report a problem
    4/2/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11966207 Report a problem
    3/22/2024Price change$429,999-4.4%
    Source: MRED as distributed by MLS GRID #11966207 Report a problem
    3/4/2024Price change$449,999-4.3%
    Source: MRED as distributed by MLS GRID #11966207 Report a problem
    2/26/2024Price change$469,999-1.1%
    Source: MRED as distributed by MLS GRID #11966207 Report a problem
    2/19/2024Price change$474,999-1%
    Source: MRED as distributed by MLS GRID #11966207 Report a problem
    2/2/2024Listed for sale$479,999+171.2%
    Source: MRED as distributed by MLS GRID #11966207 Report a problem
    9/12/2019Sold$177,000-0.6%
    Source: MRED as distributed by MLS GRID #10432968 Report a problem
    7/3/2019Pending sale$178,000
    Source: Cynthia Frye #10432968 Report a problem
    6/27/2019Listed for sale$178,000+16.3%
    Source: Cynthia Frye #10432968 Report a problem
    10/6/2017Sold$153,000-1.3%
    Source: Public Record Report a problem
    7/31/2017Pending sale$155,000
    Source: Dream Home Realty #09633649 Report a problem
    5/21/2017Listed for sale$155,000
    Source: Dream Home Realty #09633649 Report a problem
    11/17/2016Listing removed$155,000
    Source: Dream Home Realty #09226877 Report a problem
    8/3/2016Listed for sale$155,000
    Source: Dream Home Realty #09226877 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $22,000 +69.2%
    2023$2,743 +2.6%$13,000
    2022$2,674 +2.3%$13,000
    2021$2,614 +4.6%$13,000 +15.9%
    2020$2,500 -2.4%$11,220 -12%
    2019$2,562 +1.7%$12,750
    2018$2,519 -41%$12,750 -35.7%
    2017$4,270 +7.5%$19,835
    2016$3,973 +9.3%$19,835
    2015$3,635 +6.3%$19,835 +7.6%
    2014$3,421 +2%$18,436
    2013$3,353 +1.4%$18,436
    2012$3,308 -0.8%$18,436 -10.4%
    2011$3,334 -0.4%$20,572
    2010$3,348 +4.4%$20,572
    2009$3,208 +1.1%$20,572 -7%
    2008$3,173 +1%$22,119
    2007$3,141 -1.1%$22,119
    2006$3,175 +49%$22,119 +69.6%
    2005$2,131 +1%$13,044
    2004$2,110 +2.2%$13,044
    2003$2,064 +18.7%$13,044 +34.8%
    2002$1,739 +31.2%$9,680
    2001$1,326 +2.4%$9,680
    2000$1,294 +0.3%$9,680 +10.8%
    1999$1,290 $8,736

    Find assessor info on the county website

    Neighborhood: Englewood

    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
    $380,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $380,100