2933 Lexington Street, East Garfield Park, Chicago, Illinois 60612
$160,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $3,873 |
| Days On Market: | 3763 |
| Lot Size: | 0,07 |
Description
Great investment opportunity, or fantastic opportunity for live-in owner. Upstairs just rehabbed, would rent for $900 to 1000, or perfect for owner's unit (holding off on renting while listing). Downstairs duplex unit has great long-term (over eight year) Section 8 tenant, rent is $1,200 (all but $65 paid by the government). That unit alone should pay the full mortgage at asking price (i.e., the owner could basically live for free), or fully rented the cap rate should be around 13%. Zoned as legal three unit, but currently rented as two unit (since one unit duplexed down). Tenants pay electric and heat, approx. $150/month additional from brand-new coin laundry ($2,000 investment). Sold "as is", broker owned, listed at 2014 pre-improvement appraisal value for quick sale.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1903 | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 09083171 | |
| 16133100090000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Jensen Elementary School Olastic |
299 | — | |
|
High School
Manley Career Academy High Schoo |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 27 Apr, 2009 | Sold | $89,900 | MRED MLS |
| 13 Mar, 2009 | Under contract | $89,900 | MRED MLS |
| 10 Mar, 2009 | Listed for sale | $89,900 | MRED MLS |
| 15 Dec, 2015 | Sold | $160,000 | MRED MLS |
| 18 Nov, 2015 | Under contract | $165,000 | MRED MLS |
| 10 Nov, 2015 | Listed for sale | $165,000 | MRED MLS |
| 18 Jan, 2023 | Sold | $270,000 | MRED MLS |
| 14 Dec, 2022 | Under contract | $270,000 | MRED MLS |
| 14 Dec, 2022 | Listed for sale | $270,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 3
Bathroom Amenities: Whirlpool
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 25X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $2,400 |
| 2015 | $3,873 |
| 2023 | $4,167 |
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Listing Provided By
Chicago City Realty LLC
