K
Seller's Agent in 2020
Kevin McAndrew
Kevin McAndrew
(630) 451-0322
3 Total Sales
3442 S Emerald Ave Chicago, IL 60616
Bridgeport Neighborhood
7
Beds
3
Baths
--
Sq Ft
1885
Built
Highlights
- Corner Lot
- 2 Car Detached Garage
- Multiple Water Heaters
About This Home
As of April 2020Now offering you this awesome maintenance-free, legal 3 flat. Recently in 2014 the owners updated each kitchen with Shaker style cabinetry, imported granite counter tops and stainless steel appliances. They hired professionals to upgrade all 3 Heating and Central Air Conditioning systems to high efficiency, even installed new copper water lines. The new roof with gutters and downspouts is a must have. The unfinished basement is massive and full of opportunities. The coin operated washer and dryer is one feature tenants appreciate.The oversize 2 car garage currently vacant could be easily rented for $250 or more per month. The Tenants pay their own electric & gas. This building is well kept and generating a positive cash flow..... Here's the numbers: Unit 2 is rented at $1,850, Unit 1.R is rented at $1,195 and Unit 1.F is rented at $1,150. The laundry averages $40 a Month = Monthly Gross Income $4,235=. Annual Gross Income $50,820........ So why chose Bridgeport? because it's home to a multicultural, vibrant, and a historic community, also worth mentioning are the other great attractions; the Schools, Parks, Tasty Eateries, Beautiful Bridgeport Art Center. The easy access to public transportation and of course the famous Guaranteed Rate Field, Home of Chicago's White Sox baseball team, and getting there is only a 2 minute drive or a 15 minute brisk walk. The close proximity to the Dan Ryan, I-55 expressways and the CTA Red Line which connects you to down down Chicago is a fantastic convenience. Welcome to a super location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,805
Year Built
- Built in 1885
Lot Details
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $3,000
- Gross Income $50,820
- Net Operating Income $40,971
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2020 04/24/20 | Sold | $560,000 | +1.8% | -- |
| 03/06/2020 03/06/20 | Pending | -- | -- | -- |
| 02/28/2020 02/28/20 | For Sale | $549,900 | +161.9% | -- |
| 01/24/2014 01/24/14 | Sold | $210,000 | 0.0% | -- |
| 11/08/2013 11/08/13 | Pending | -- | -- | -- |
| 11/01/2013 11/01/13 | Price Changed | $210,000 | -4.5% | -- |
| 10/22/2013 10/22/13 | Price Changed | $220,000 | +10.6% | -- |
| 10/22/2013 10/22/13 | For Sale | $199,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kevin McAndrew
-
E
Buyer's Agent in 2020
Eric Sporinsky
Realty of America, LLC
-
Seller's Agent in 2014
Leo Kassin
Dream Town Real Estate
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10651824
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