$615,000
SOLD DEC 13, 2024
6 Beds
7 Baths
3,506 Sq Ft
1885 Built

Recently Sold

$175 Per Sq Ft

3% Above List Price

139 Days on Market

Highlights

  • Greystone Architecture
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Senior Freeze Tax Exemptions

About This Home

As of December 2024

For discerning buyers who appreciate historical significance and investment potential, this listing represents a unique opportunity. Prepare to be captivated by the charm and possibilities of this historic Greystone. Original high ceilings, four fireplaces, grand parlor, original doors, and moldings showcase the property's 19th-century heritage. Owner's Unit is 2-bedroom, 2.5-bath duplex, featuring a living room, dining room, parlor, and kitchen. This unit is a blend of historic charm and modern comfort. Apartment 2 is a 1 Bed/1 Bath. Apartment 3 boasts spacious living with 3 bedrooms and 2 baths. Property has a 2 Car garage. Nestled in the heart of Chicago's esteemed Bronzeville neighborhood, this historic Greystone, built in 1887, is a rare gem on the prestigious block of S. Martin Luther King Drive. A testament to architectural grandeur, this property is just steps away from celebrated landmarks including the Victory Monument, the Liberty Life/Supreme Life Insurance Building, The Lu Palmer House, and the Ida B. Wells Barnett House.

Last Agent to Sell the Property

Kimberly Offord

Coldwell Banker Realty License #471018379

Coldwell Banker Realty

Last Buyer's Agent

William Bates Jr

EXIT Strategy Realty License #475104665

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1885

Lot Details

  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Greystone Architecture
  • Stone Siding

Interior Spaces

  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 7 Bathrooms

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,717

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1885
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 7
  • Total Bedrooms: 6
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Garage/Space,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up,Hardwood Floors

Exterior Features

  • List Price: 599000
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Radiant, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4470 SQ FT
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4717
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $615,000 +2.7% $175 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $599,000 0.0% $171 / Sq Ft
08/08/2024 08/08/24 For Sale $599,000 -14.3% $171 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $699,000 -- $199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Similar Homes in Chicago, IL

  • 4311 S Vincennes Ave, Chicago, IL 60653

    $599,900

    • 8 Beds
    • 6 Baths
    • 4311 S Vincennes Ave
    • Chicago, IL

    Exceptional Investment Opportunity in Bronzeville! Welcome to this stunningly renovated 2-unit with basement Greystone, a rare gem blending luxury and income potential in one of Chicago's most desirable neighborhoods. Whether you're an investor looking for a strong cash-flowing asset or a homeowner interested in living rent-free, this property offers unparalleled versatility and charm. Property

    Shyvonne Walker-Hayes eXp Realty, LLC

    Section Image
  • 1817 S Ashland Ave, Chicago, IL 60608

    $515,000

    • 8 Beds
    • 8 Baths
    • 1817 S Ashland Ave
    • Chicago, IL

    Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave...with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall,

    Mike Santore Keller Williams Thrive

    Section Image
  • 6354 S Greenwood Ave, Chicago, IL 60637

    $650,000

    • 8 Beds
    • 7 Baths
    • 6354 S Greenwood Ave
    • Chicago, IL

    Charming 3-Unit Building in Highly Desirable Woodlawn Neighborhood! This well-maintained, multi-family property offers an exceptional investment opportunity in the sought-after Woodlawn area. The building consists of three spacious units, each with unique layouts and ample living space: Unit 1: A spacious, 4-bedroom, 2.5-bathroom unit perfect for larger families or tenants seeking room to

    Rashauna Scott Keller Williams ONEChicago

    Section Image
  • 5318 S Kenneth Ave, Chicago, IL 60632

    $575,000

    • 7 Beds
    • 7 Baths
    • 5318 S Kenneth Ave
    • Chicago, IL

    CASH BUYERS SPECIAL ! Only selling for CASH! Available newer 3 flat building with many additional improvements! Nestled on a small, quite street awaits next investor! All decks have been sanded, painted, and city approved. Building features one 3 beds 3 baths two story duplex over 2400 square feet, second and third floors have spacious 2 beds, 2 baths, featuring over 1200 square feet each. The

    Mina Nikolic Baird & Warner

    Section Image
  • 523 N Drake Ave, Chicago, IL 60624

    $699,000

    • 6 Beds
    • 6 Baths
    • 523 N Drake Ave
    • Chicago, IL

    Stunning Newer Construction 3-Unit Property in Prime Chicago Location! Don't miss out on this exceptional investment opportunity! This newly built in 2022 3-unit property is situated on an extra-wide lot, offering spacious living in a highly sought-after neighborhood. Property Features Include - 2/2 units with stackable in-unit washer/dryer; all newer appliances, flooring, etc. The bedrooms are

    Stephanie Miller Redfin Corporation

    Section Image
  • 1248 N Lawndale Ave, Chicago, IL 60651

    $675,000

    • 8 Beds
    • 6 Baths
    • 1248 N Lawndale Ave
    • Chicago, IL

    The Perfect investment! This 4 unit property offers 4 generous size apartments with 2 additional apartments on the basement level. Each apartment has 2 bedroom 1 bathroom. The building is well taken care of and is fully occupied. Current rents are below market. Current tenants are month to month. The building updates include tuck pointing done in 2023, roof redone in 2024, sidewalk (southeast)

    Fernando Roman RE/MAX Partners

    Section Image
  • 6408 S Central Ave, Chicago, IL 60638

    $699,500

    • 6 Beds
    • 6 Baths
    • 6408 S Central Ave
    • Chicago, IL

    WOW !!! Breath-taking , MUST SEE this Legal 3 flat/Condo building. You will be impressed once you see the gorgeous 3 units each unit with 2 bedrooms , 2 bathrooms in unit washer /dryer, Central Air , custom kitchen cabinets with granite counter top and SS appliances. Hardwood floors thru-out kitchens, dining, LV rooms, carpet in bedrooms. Rooms have special designed light fixtures. Every room

    Bernadeta Szczech RE/MAX 10

    Section Image
  • 6412 S Central Ave, Chicago, IL 60638

    $699,500

    • 6 Beds
    • 6 Baths
    • 6412 S Central Ave
    • Chicago, IL

    WOW !!! Breath-taking , MUST SEE this Legal 3 flat/Condo building. You will be impressed once you see the gorgeous 3 units each unit with 2 bedrooms , 2 bathrooms in unit washer /dryer, Central Air , custom kitchen cabinets with granite counter top and SS appliances. Hardwood floors thru-out kitchens, dining, LV rooms, carpet in bedrooms. Rooms have special designed light fixtures. Every room

    Bernadeta Szczech RE/MAX 10

    Section Image
  • 5803 W Superior St, Chicago, IL 60644

    $650,000

    • 6 Beds
    • 6 Baths
    • 5803 W Superior St
    • Chicago, IL

    Stunning Newer Construction 3-Unit Property in Prime Chicago Location! Don't miss out on this exceptional investment opportunity! This newly built in 2022 3-unit property is situated on an extra-wide lot, offering spacious living in a highly sought-after neighborhood. Property Features Include - 2/2 units with stackable in-unit washer/dryer; all newer appliances, flooring, etc. The bedrooms are

    Stephanie Miller Redfin Corporation

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 11994720

Midwest Real Estate Data (MRED)

APN: 17343120660000