Closed
$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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Owner options
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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#: 11760802
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
| Date | Event | Price |
|---|---|---|
| 2/9/2024 | Sold | $230,000+46% |
Source: | ||
| 2/14/2022 | Sold | $157,500+75% |
Source: | ||
| 4/16/2018 | Sold | $90,000-50% |
Source: Public Record | ||
| 4/25/2007 | Sold | $180,000+30.4% |
Source: Public Record | ||
| 11/9/2004 | Sold | $138,000+68.3% |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax 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
- 3/10Stagg Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Hirsch Metropolitan High SchoolGrades: 9-12Distance: 2.4 mi
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

