See Home Value
Chicago 60612 Lawndale
1114 South Albany Avenue
$421,932*
Multifamily - Off Market

1114 South Albany Avenue

Chicago, IL 60612
bedrooms
3 Beds
bathrooms
0 Bath
$337,000 - $411,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

***Motivated Seller*** Rare value-add opportunity to own a 2005 new construction building in Chicago's Hot East Garfield Park neighborhood.     May be sold as part of a package ($1,125,000 / $375K/Building), or individually. Existing rents drastically below market and haven't been increased since 2006.    Addresses Include: 3018 W Lexington St, 2949 W Arthington St, 1114 S Albany Ave, Chicago, IL 60612    Perfect for an owner occupant, or an investor. Both can take advantage of less deferred maintenance than older buildings. Condo quality construction that features 1,300 SF units: 3 bedroom/ 2 bathroom / 2 car parking. Each unit boasts hardwood flooring, fridge, stove, laundry W/D hookup, master bathroom with balcony, central AC.    Buildings located just minutes from public transportation & Kedzie-Homan Blue Line Train Station (0.7 miles), & Interstate I-290. Nearby amenities include the United Center ( Home of the Chicago Bulls & Blackhawks ), University of Illinois and Illinois Medical District (IMD). The Illinois Medical District (IMD) is one of the largest urban medical districts in the U.S. and is strategically located west of Chicago's downtown core, "The Loop." This special-use zoning district consists of 560 acres of medical research facilities, laboratories, a biotech business incubator, raw development land, universities, and more than 40 healthcare-related facilities. SCB was commissioned by the Illinois Medical District leadership to develop a new master plan to guide the district development and support economic growth.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$4,542
HOA Dues
-
Year Built
2008

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 19, 2020 Sold to John Hannah $370,000
Sold to John Hannah
Aug 25, 2020 In contract -
In contract
Aug 3, 2020 Listed $374,900
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$400,000 Sep 8, 2020
$400,000 Oct 30, 2020
$366/mo
House
2 Beds
3.5 Baths
1,800 ft²
$216/ft²
$389,000 Jun 16, 2023
-
$398/mo
Multifamily
6 Beds
-
-
$389,900 Aug 14, 2023
-
$370/mo
Multifamily
8 Beds
-
-
$375,000 Aug 21, 2023
-
$403/mo
Multifamily
8 Beds
-
-
$394,500 Aug 1, 2023
-
$243/mo
Multifamily
6 Beds
-
-
$349,900 Jul 3, 2023
-
$170/mo
Multifamily
12 Beds
-
-
$325,000 Jun 21, 2023
-
$370/mo
Multifamily
6 Beds
-
-
$449,000 May 17, 2023
-
$160/mo
Commercial
Loft
-
-
$408,000 Sep 5, 2023
-
$437/mo
Commercial
Loft
-
-
$329,900 Apr 25, 2023
-
$880/mo
Commercial
Loft
-
3,500 ft²
$87/ft²
$305,000 Jun 26, 2023
-
$202/mo
Commercial
Loft
-
3,958 ft²
$82/ft²
$325,000 May 5, 2023
-
$129/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200803
08/03/2020
3 Bed
-
-
$374,900
bedrooms
3 Bed
bathrooms
-
$370,000 -1.31%
11/19/2020
Jonathan Gil

Building Info

1114 South Albany Avenue 1114 South Albany Avenue, Chicago, IL 60612
More about this Building
1114 South Albany Avenue
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