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  • $645,000

    871 N Richmond St, Chicago, IL 60622

    8beds
    --sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $892,700 Zestimate®
    $--/sqft
    $2,867 Estimated rent

    Home value

    $892,700

    $812,000 - $982,000

    $2,867/mo

    Zestimate® history
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    What's special

    Outstanding investment opportunity to acquire a meticulously maintained multi-unit property in the desirable East Humboldt Park area. This property features three units: two units have three bedrooms and one bathroom each, while the garden unit offers two bedrooms and one bathroom. While the building features vintage finishes, Unit 1 & 2 (pictured) boasts newer kitchen cabinets, granite countertops, ss appliances (inc dishwasher), backsplash, an updated bathroom, central AC (unit 1), in unit w/d, and more. Currently, two tenants are on month-to-month leases, providing flexibility for either an experienced investor or an owner interested in house hacking. The property includes a two-car garage and a dog-friendly backyard, ideal for relaxation. Located on a tranquil street with abundant parking, it's also within walking distance to numerous shops and restaurants. Tenants pay gas and electric while owner pays water and trash. Garden unit a is "non-conforming" unit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Marcordes 312-313-8553,

    Landmark Property Management, Inc.

    Bought with:

    Melissa Martinez

    Chicagoland Brokers, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12105799MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 3,484 Square Feet
    • Dimensions: 30X125
    Details
    • Parcel number: 16013240050000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Stone, Limestone
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $552,000
    • Annual tax amount: $11,713
    • Date on market: 7/10/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/3/2024Sold$645,000-7.7%
    Source: MRED as distributed by MLS GRID #12105799 Report a problem
    8/28/2024Contingent$699,000
    Source: MRED as distributed by MLS GRID #12105799 Report a problem
    7/10/2024Listed for sale$699,000+7.5%
    Source: MRED as distributed by MLS GRID #12105799 Report a problem
    7/4/2019Listing removed$650,000
    Source: Foster & Williams Real Estate #10362108 Report a problem
    4/30/2019Listed for sale$650,000+20.4%
    Source: Foster & Williams Real Estate #10362108 Report a problem
    5/2/2017Listing removed$540,000
    Source: New Market Realty Inc #09507487 Report a problem
    4/9/2017Price change$540,000-1.8%
    Source: New Market Realty Inc #09507487 Report a problem
    3/21/2017Price change$550,000-1.8%
    Source: New Market Realty Inc #09507487 Report a problem
    2/18/2017Listed for sale$560,000+40%
    Source: New Market Realty Inc #09507487 Report a problem
    1/5/2017Sold$400,000+445.5%
    Source: Public Record Report a problem
    10/15/1993Sold$73,333
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $55,200 -0.3%
    2023$11,713 +2.9%$55,350
    2022$11,385 +2.3%$55,350
    2021$11,130 +31.9%$55,350 +46.1%
    2020$8,442 -2.4%$37,894 -12%
    2019$8,652 -8.3%$43,062 -9.9%
    2018$9,440 +22%$47,787 +33%
    2017$7,734 +7.5%$35,928
    2016$7,196 +2.9%$35,928 -5.9%
    2015$6,993 +11.3%$38,161 +12.7%
    2014$6,282 +2%$33,856
    2013$6,158 +1.4%$33,856
    2012$6,075 -3.5%$33,856 -12.9%
    2011$6,298 -0.4%$38,864
    2010$6,324 +4.4%$38,864
    2009$6,060 -2.6%$38,864 -10.4%
    2008$6,220 +28%$43,362
    2007$4,860 +18.4%$43,362
    2006$4,104 +15.6%$43,362 +49.2%
    2005$3,551 +3.1%$29,055
    2004$3,444 +4%$29,055
    2003$3,311 +10%$29,055 +56.4%
    2002$3,010 -6.4%$18,575
    2001$3,217 +33.9%$18,575
    2000$2,403 -0.7%$18,575 +48.5%
    1999$2,419 $12,509
    Find assessor info on the county website

    Neighborhood: Humboldt 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
    $892,700
    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
    $892,700