7152 South Emerald Avenue

Chicago, IL 60621

$680,000
Price
15
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

TURNKEY Large 6 unit apartment building for sale. This is a NEWLY renovated property with numerous updates throughout including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, newly built out laundry room and many more updates throughout. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated and modern including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring....TURNKEY Large 6 unit apartment building for sale. This is a NEWLY renovated property with numerous updates throughout including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, newly built out laundry room and many more updates throughout. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated and modern including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented post apartment rehabs and is stable and cash flowing
  1. Listed by Anthony Golob • Halsted Taylor Real Estate

Property Details for 7152 South Emerald Avenue

Area
CHI - Englewood
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Halsted Taylor Real Estate
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LISTING UPDATED: 05/08/2024 12:07 AM

Property Details for 7152 South Emerald Avenue

StatusActive
MLS #12045256
Days on Market51
Taxes$3,703 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1883
Lot Size0.17 AC / 7,548 SF
CountyCook County

Location

Listing Courtesy of Halsted Taylor Real Estate
Add your commute

Building Information for 7152 South Emerald Avenue

Stories-Residences6Year Built1883Building Size-Lot Size0.17 AC / 7,548 SF

Payment Calculator

$4,020 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,711

Property Taxes

$309

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7152 South Emerald Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 6.0
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Postal Code Plus 4: 0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 6.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 50 X 125
  • Lot Size Square Feet: 7548.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 7215
  • # Of Ranges: 6
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 22
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $1,020.00
  • Fuel Expense: $1,140.00
  • Gross Income: $7,800.00
  • Gross Scheduled Income: $93,600.00
  • Insurance Expense: $6,996.00
  • Maintenance Expense: $1,800.00
  • Manager Expense: $6,588.00
  • Electric Expense Source: Combination
  • Known Encumbrances: First Mortgage
  • Expense Year: 2024
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Actual
  • Janitor Expense: 1800
  • Manager Expense Source: CO
  • Net Operating Income Year: 2024
  • Other Expense Source: Combination
  • Repairs-Decor Expense Source: Combination
  • Trash Expense Source: Actual
  • Total Monthly Income: 7800
  • Water Expense Source: Combination
  • Net Operating Income: $59,297.00
  • Operating Expense: $30,600.00
  • Other Expense: $6,120.00
  • Trash Expense: $1,380.00
  • Water Sewer Expense: $3,756.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7152 South Emerald Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7152 South Emerald Avenue

Taxable ValueLand$4,906Additions$13,093Total$17,999
Tax Record2022$3,702 ($309 / month)
Home Facts
Baths6.5Total Finished SqFt7,215 SqFtAbove Grade Finished SqFt7,215 SqFtStories3Lot Size7,548 SqFtStyleMulti-Family Res (5+ Units)Year Built1883CountyCOOKAPN20-28-100-037

Schools near 7152 South Emerald Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 8 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
EXCEL ACADEMY - ENGLEWOOD HS
Public8 to 12

MAGIC JOHNSON-NTH LAWNDALE HS
Public9 to 12

Robeson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7152 South Emerald Avenue is a multi-family home for sale in Chicago, IL 60621. This property was listed for sale on May 2, 2024 by Halsted Taylor Real Estate, it's currently listed at $680,000. It has been on the market for a total of 51 days and was last sold on February 17, 2021. This listing's school district is City Of Chicago School District 299. Nearby schools include Dr. Martin Luther King, Jr. Academy of Social Justice, EXCEL ACADEMY - ENGLEWOOD HS and MAGIC JOHNSON-NTH LAWNDALE HS. 7152 South Emerald Avenue is a 15-bed, 6-bath, multi-family home built in 1883.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Halsted Taylor Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/08/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.