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Map
$703,659*
●
Multifamily -
Off Market
738 S Claremont Avenue
Chicago, IL 60612
6 Beds
0 Bath
$594,000 - $724,000
Reference Base Price*
6.78%
Since Nov 1, 2022
IL-Chicago
Primary Model
About This Property
Hot Tri-Taylor 3-flat with two units leased until May 2023 and the
1st floor is an owners duplex down with additional bathroom and
bedroom! This classic 3-flat has been managed and well
maintained for many years. Newer appliances, HVAC, and Air
conditioning in most of the units. Tenants have all been
living there for over 5-years. Each apartment is a 2-bedroom
and 1 bath at 1100 sq. feet. First floor is a duplex down
with additional bathroom and living space/bedroom of an additional
700 sq. ft so total about 1,800 sq. ft. Large wooden back
decks for each condo and fully landscaped front and back of
property. 2-car garage onsite. Unit 2 is leased at
$1500 with parking, Unit 3 is leased $1300 no parking until May
2023. First floor duplex down has no lease but current
tenants are planning on leaving after 7-years. 1st floor
duplex with parking could lease for $1800 or more! First
floor could be a perfect live in owner unit! Property has a
projected net income of $4600 a month or $55,200 annually.
Property taxes are $10,039.87 and insurance is $3,000
annually. Gross income of $42,160. With a CAP rate of
6.2%! Long term tenants in the building and no vacancies over
a 5-year period. First floor tenants loved living there and
have no lease at the moment. Easy investment and have
maintained building well over the years! Sit back and collect
rental income in booming Near West side of Chicago. Blue Line
is 2 blocks away as well as I-290 access. Perfect location to
navigate around Chicago! Minutes from UIC, Talyor Street,
Medical district, Fulton Market, and West Town. Priced well
and offers tremendous income potential to earn over 6% a year!!
Agent owned property. Owner is IL Licensed Real Estate
Broker. Property being sold "as-is".
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$837
HOA Dues
-
Year Built
1900
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 2, 2023 | Sold to Jiexia Li, Mian Zhang | $604,000 | |
Sold to Jiexia Li, Mian Zhang | |||
Oct 23, 2022 | No longer available | - | |
No longer available | |||
Aug 11, 2022 | Price Decreased |
$659,000
↓ $21K
(3%)
|
|
Price Decreased | |||
Jun 14, 2022 | Listed | $679,500 | |
Listed |
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
3
Beds
3.5
Baths
3,078 ft²
$227/ft²
$699,000
Jun 14, 2023
-
$934/mo
In Contract
House
4
Beds
3.5
Baths
3,138 ft²
$223/ft²
$699,900
Jun 8, 2023
-
$953/mo
In Contract
Commercial
Loft
-
6,432 ft²
$93/ft²
$599,900
Aug 29, 2022
-
$2,564/mo
Active
House
3
Beds
3
Baths
2,500 ft²
$232/ft²
$579,900
May 22, 2023
-
$588/mo
Active
House
3
Beds
3.5
Baths
2,728 ft²
$202/ft²
$550,000
Jun 19, 2023
-
$667/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/14/2022
|
|
6 Bed
|
-
|
-
|
$679,500
6 Bed
-
|
-
-
|
-
|
Kevin Kelly
Exp Realty
|
Building Info
About West Side
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