See Home Value
Chicago 60612 Tri-Taylor
738 S Claremont Avenue
$703,659*
Multifamily - Off Market

738 S Claremont Avenue

Chicago, IL 60612
bedrooms
6 Beds
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
-
-
$624,500 Jun 15, 2023
-
$908/mo
Multifamily
6 Beds
-
-
$759,000 May 2, 2023
-
$757/mo
Multifamily
5 Beds
-
-
$650,000 Jun 5, 2023
-
$420/mo
Multifamily
9 Beds
-
-
$624,900 May 30, 2023
-
$420/mo
House
3 Beds
3.5 Baths
3,078 ft²
$227/ft²
$699,000 Jun 14, 2023
-
$934/mo
House
4 Beds
3.5 Baths
3,138 ft²
$223/ft²
$699,900 Jun 8, 2023
-
$953/mo
Commercial
Loft
-
6,432 ft²
$93/ft²
$599,900 Aug 29, 2022
-
$2,564/mo
House
3 Beds
3 Baths
2,500 ft²
$232/ft²
$579,900 May 22, 2023
-
$588/mo
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
20220614
06/14/2022
6 Bed
-
-
$679,500
bedrooms
6 Bed
bathrooms
-
-
-
-
Kevin Kelly
Exp Realty

Building Info

738 South Claremont Avenue 738 South Claremont Avenue, Chicago, IL 60612
More about this Building
738 South Claremont Avenue
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