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  • $230,000

    7342 S Sangamon St, Chicago, IL 60621

    6beds
    --sqft
    Multi Family
    Built in 1895
    -- sqft lot
    $266,200 Zestimate®
    $--/sqft
    $1,508 Estimated rent

    Home value

    $266,200

    $237,000 - $298,000

    $1,508/mo

    Zestimate® history
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    What's special

    This exceptional investment opportunity has become available again due to the buyer's financing falling through. Take advantage of this fully rehabilitated 2-unit building that offers a multitude of benefits. The property consists of two 3-bedroom, 1-bathroom units, each equipped with appliances, including a washer and dryer. Recently installed in 2022, the HVAC system provides individual heating and central air conditioning for each unit, ensuring comfort and efficiency. These units have been thoughtfully modernized with upgraded fixtures and contemporary finishes. Enjoy the elegance of the space as the abundant natural light shines through the cascading windows and bounces off the beautiful, hardwood floors. Distinctive features include separate front entrances and rear exits for both units, as well as a convenient 2-car parking pad. The walkout basement offers ample storage for the owner or tenants. Recently vacated by tenants, the units have been refreshed, making this building truly turnkey. It's ideal for an investor looking to rent out both units or a new homeowner who wants to live in one unit while earning rental income from the other, helping to offset the mortgage. The property has already undergone an FHA appraisal with no repair requirements, streamlining the process for prospective buyers. Don't miss this opportunity - schedule a viewing today to explore all that this property has to offer!

    Zillow last checked: 8 hours ago

    Listing updated: February 12, 2024 at 12:00am

    Listing courtesy of:

    Marsha Green 773-386-8679,

    Real People Realty

    Bought with:

    Ontonio Colon

    eXp Realty - Geneva

    Source: MRED as distributed by MLS GRID,MLS#: 11760802MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Walk-Out Access

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Alley, On Site, Owned
    Lot
    • Size: 3,049 sqft
    • Dimensions: 25X 125
    Details
    • Parcel number: 20292200380000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Vinyl Siding, Steel Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1895
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/9/2024Sold$230,000+46%
    Source: MRED as distributed by MLS GRID #11760802
    2/14/2022Sold$157,500+75%
    Source: MRED as distributed by MLS GRID #11281170
    4/16/2018Sold$90,000-50%
    Source: Public Record
    4/25/2007Sold$180,000+30.4%
    Source: Public Record
    11/9/2004Sold$138,000+68.3%
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2023$1,055 +224.8%$4,999
    2022$325 -3.2%$4,999
    2021$336 -61.8%$4,999 -29.1%

    Find assessor info on the county website

    Neighborhood: Englewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $266,200
    2% more+ $5,324
    With Zillow Showcase(estimated)
    $271,524