See Home Value
$113,000 - $137,000
House - Off Market

6640 S Union Ave

Chicago, IL 60621
bedrooms
7 Beds
bathrooms
2 Baths
Sold Nov 07, 2023
$38,500
Sold Jul 31, 1995
$45,000
$45,350 by American States Mtg Inc
Mortgage Due Aug 01, 2025

About This Property

Don't miss out on this Beautiful Classic Chicago Greystone! 

Brick Greystone 2-Unit Building ready for your rehabbing ideas.

ARV ranges between $320k-$375k depending on the level of rehab.

Drive/Walk around the property and inspect. Sold occupied without interior access.

Do not disturb the occupants if any.  

 

 Taxes to be prorated 100% and paid up to date of closing by the SELLER.  Any previous year's taxes to be paid by the SELLER. Water Bill to be paid in full by the SELLER. Closing cost for Buyer and Seller & all fees to be paid by the BUYER to include: Transfer Tax, Transfer Stamps, Title Insurance & Fees, Recording fees, Wire Fees. There will be no customary split of the closing fee for this transaction even if it's cash. No Survey will be provided. No Termite Inspection. No Zoning Certificate. Both parties agree that Sellers Attorney will order Title and Select Title Company. Closing to be held in the County of property location. Please do all your inspections and due diligence up front before contracting.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Feb 2, 2024 No longer available -
No longer available
Nov 29, 2023 No longer available -
No longer available
Nov 17, 2023 Listed $125,000
Listed
Aug 16, 2023 In contract -
In contract
Aug 16, 2023 Price Decreased $54,900
↓ $10K (15.4%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,025
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUBREUILS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JNO L & W A (DUBREUILS) SUB OF LTS 1 4-5 8-9 12-13 & 16 IN BLK 16 OF LINDEN GROVE SUB BEING NW 35ACS & S 90ACS OF NW SEC 21-3

Ownership

  • Current Owner : IDAHOSA ROBERT O
  • Previous Owner : MASTR ASSET BACKED SECURITIES TRUST
  • Owner Before Previous Owner: CRAWFORD NORA
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 680900

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-21-124-017-0000
  • Block: 16
  • Lot: 1
  • Meridian: SEC 21 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7732
  • Longitude: -87.643

    Address

  • Full Address: 6640 S Union Ave
  • Address - House Number: 6640
  • Street Direction: S
  • Address - Street Name: Union
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 2508
  • Zip Code: 60621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16
  • Tax Rate Code Area: 72082

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 277,542
  • High Value: 348,459
  • Low Value: 206,624

    Market Valuation

  • Market Total Value: $35,010
  • Market Land Value: $15,130
  • Market Improvement Value: $19,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,501
  • Assessed Land Value: $1,513
  • Assessed Improvements Value: $1,988

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Transaction ID: 11915543639
  • Current Sale Price: $38,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 22015
  • Previous Sale Recording Date: Jul 31, 1995
  • Previous Sale Contract Date: Jul 07, 1995
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN STATES MTG INC
  • Previous Mortgage Transaction Date: Jul 31, 1995
  • Previous Mortgage Loan Amount: $45,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
7 Beds
-
-
$120,000 Sep 6, 2023
-
$134/mo
House
3 Beds
1.5 Baths
1,500 ft²
$87/ft²
$129,900 Feb 8, 2023
-
$53/mo
Multifamily
6 Beds
-
-
$129,900 Oct 3, 2023
-
$201/mo
Multifamily
6 Beds
-
-
$145,000 Nov 2, 2023
-
$67/mo
Multifamily
5 Beds
-
-
$119,900 Oct 3, 2023
-
$54/mo
Multifamily
5 Beds
-
-
$135,000 Oct 6, 2023
-
$67/mo
Multifamily
5 Beds
-
-
$144,999 Feb 16, 2023
-
$134/mo

About South Side


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Frequently Asked Questions

When was property at 6640 South Union Avenue built and last sold?
The property at 6640 South Union Avenue was built in 1900 and last sold on Oct 26, 2023 for $38,500.
How much is this home worth?
The estimated value of the home located at 6640 South Union Avenue is $126,250.
What are some comparable homes to 6640 South Union Avenue?
Homes that are comparable to 6640 South Union Avenue include a house property at 6534 South Carpenter Street, a multifamily property at 7028 South Sangamon Street, 1311 West Marquette Road.

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