Off market

Zestimate^®

$224,000

8473 S Commercial Ave, Chicago, IL 60617

5beds

3baths

2,448sqft

MultiFamily

Built in 1911

-- sqft lot

$224,000 Zestimate^®

$92/sqft

$1,614 Estimated rent

Home value

$224,000

$166,000 - $282,000

$1,614/mo

Zestimate^® history

Owner options

List your home for rent

$1,614/mo

Rent Zestimate^®

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$1,614/mo

Rent Zestimate^®

Refinance and save

$1,725/mo

Est. payment

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$1,725/mo

Est. payment

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What's special

FANTASTIC OPPORTUNITY FOR INVESTORS AND HOME BUYERS! OWN THIS NEWLY REHABBED 3 FLAT BLDG READY TO START COLLECTING RENT, WHILE WAITING FOR HUGE APPRECIATION. LOCATED AT THE SOUTHERN RIM OF LAKE MICHIGAN, 10 MILES FROM DOWNTOWN THIS PROPERTY IS ADJACENT TO THE "LAKESIDE PROJECT" AREA, (A MEGA DEVELOPMENT OF THE SOUTHEAST CHICAGO LAKEFRONT & OLD US STEEL PROPERTY), W/HIGH POTENTIAL LONGTERM APPRECIATION.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Forced air

Cooling

None

Interior area

Total interior livable area: 2,448 sqft

Property

Lot

Size: 2,500 Square Feet

Details

Parcel number: 2131413002

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Roof: Shake / Shingle

Condition

Year built: 1911

Community & HOA

Location

Region: Chicago

Financial & listing details

Price per square foot: $92/sqft
Tax assessed value: $147,000
Annual tax amount: $2,953

Price history

Date	Event	Price
7/17/2014	Listing removed	$99,500$41/sqft
Source: Stachurska Real Estate, Inc. #08602777 Report a problem
6/25/2014	Price change	$99,500-15.7%$41/sqft
Source: Stachurska Real Estate, Inc. #08602777 Report a problem
6/19/2014	Price change	$118,000-0.8%$48/sqft
Source: Stachurska Real Estate, Inc. #08602777 Report a problem
5/4/2014	Price change	$119,000-13.8%$49/sqft
Source: Stachurska Real Estate, Inc. #08602777 Report a problem
1/18/2014	Listed for sale	$138,000+343.6%$56/sqft
Source: Stachurska Real Estate, Inc. #08505245 Report a problem
3/5/2012	Sold	$31,111+15.2%$13/sqft
Source: MRED as distributed by MLS GRID #07857891 Report a problem
1/15/2012	Listed for sale	$27,000-61.4%$11/sqft
Source: CHI Properties, Inc #07857891 Report a problem
5/20/2003	Sold	$70,000$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,953 +179.9%	$14,700 +194%
2023	$1,055 +2.6%	$5,000
2022	$1,028 +2.3%	$5,000
2021	$1,005 -52.5%	$5,000 -47.4%
2020	$2,117 -3.5%	$9,501 -13%
2019	$2,194 +1.7%	$10,921
2018	$2,157 -37%	$10,921 -31.3%
2017	$3,424 +7.5%	$15,905
2016	$3,186 +9.3%	$15,905
2015	$2,914 +6.3%	$15,905 +7.6%
2014	$2,742 +2%	$14,781
2013	$2,688 +1.4%	$14,781
2012	$2,652 +8.1%	$14,781 -2.4%
2011	$2,454 -0.4%	$15,144
2010	$2,464 +4.4%	$15,144
2009	$2,361 +3.2%	$15,144 -5.1%
2008	$2,289 +1%	$15,954
2007	$2,266 -1.1%	$15,954
2006	$2,290 +43.3%	$15,954 +63.1%
2005	$1,598 +1%	$9,781
2004	$1,582 +2.2%	$9,781
2003	$1,548 +25.3%	$9,781 +42.3%
2002	$1,235 +47%	$6,875
2001	$840 +53.5%	$6,875
2000	$547	$6,875 +41.8%
1999	$547	$4,848