816 S Leavitt St Chicago, IL 60612
Tri-Taylor NeighborhoodEstimated payment $4,886/month
Total Views
3,996
5
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Welcome to 816 S Leavitt St., currently zoned as a single family which has been used as a remarkable 3 unit building. HOT Tri-taylor area, historical Medical Center District. This property presents a unique opportunity for both investors and developers looking to capitalize on its excellent location and potential for expansion. The main building boasts a variety of features that make it an attractive investment. Recently updated, turn key for airbnb. new furnace, newer kitchens and bathrooms. The property's prime location in the historical Medical Center offers a wealth of advantages. With its proximity to the highway, commuting becomes a breeze, allowing for convenient travel to surrounding areas. The Medical Center itself holds historical significance, imbuing the neighborhood with a rich cultural heritage and an attractive ambiance. This coveted locale is known for its charming streets, unique architecture, and vibrant community and many parks nearby.this expansion potential allows for increased rental income or the option to occupy one unit while generating rental revenue from the others. Such flexibility makes this property a versatile and lucrative investment opportunity. Investing in this area is particularly enticing due to its reputation as a great rental area. The demand for rental properties remains high, ensuring a consistent stream of potential tenants seeking accommodation. exciting longterm future developments by United center and nearby gateway projects make the area extrememly attractive, this property offers both immediate returns and long-term investment value. Secure your stake in this prime real estate opportunity today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,475
Year Built
- Built in 1885
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Schools
- Irving Elementary School
- Manley Career Academy High Schoo
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 125 x 25
Community Details
- 3 Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,223 | $45,000 | $17,640 | $27,360 |
| 2023 | $8,223 | $46,000 | $14,175 | $31,825 |
| 2022 | $8,223 | $46,000 | $14,175 | $31,825 |
| 2021 | $419 | $46,000 | $14,175 | $31,825 |
| 2020 | $433 | $35,982 | $10,710 | $25,272 |
| 2019 | $432 | $39,541 | $10,710 | $28,831 |
| 2018 | $425 | $39,541 | $10,710 | $28,831 |
| 2017 | $455 | $45,345 | $9,450 | $35,895 |
| 2016 | $875 | $45,345 | $9,450 | $35,895 |
| 2015 | $841 | $45,345 | $9,450 | $35,895 |
| 2014 | $834 | $38,563 | $7,875 | $30,688 |
| 2013 | $836 | $38,563 | $7,875 | $30,688 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | For Sale | $749,000 | 0.0% | -- |
| 04/11/2025 04/11/25 | Off Market | $749,000 | -- | -- |
| 03/18/2025 03/18/25 | For Sale | $749,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $471,900 | Construction | |
| Previous Owner | $83,250 | Credit Line Revolving | |
| Previous Owner | $30,000 | Unknown |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12315681
APN: 17-18-317-036-0000
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