See Home Value
Chicago 60612 Lawndale
2949 West Arthington Street
$513,514*
Multifamily - Off Market

2949 West Arthington Street

Chicago, IL 60612
bedrooms
3 Beds
bathrooms
0 Bath
$337,000 - $411,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

***Motivated Seller*** ***Building only approved for conventional financing (No FHA Financing)***  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
2006

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold $435,000
Sold
Aug 24, 2020 No longer available -
No longer available
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
Multifamily
5 Beds
-
-
$325,000 Apr 4, 2024
-
$281/mo
House
2 Beds
2 Baths
1,300 ft²
$238/ft²
$310,000 Mar 14, 2024
-
$585/mo
Multifamily
5 Beds
-
-
$315,000 Feb 23, 2024
-
$269/mo
House
2 Beds
2 Baths
-
$315,000 Mar 14, 2024
-
$623/mo
Commercial
Loft
-
-
$400,000 Nov 27, 2023
-
$437/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
-
-
-
-
-

Building Info

2949 West Arthington Street 2949 West Arthington Street, Chicago, IL 60612
More about this Building
2949 West Arthington Street
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About West Side


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