7048 South Western Avenue

Chicago, IL 60636

$450,000
Price
20
Beds
13
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

SELLER SAYS "Make me an offer": Nestled in the heart of the south side of town, this grand turn-of-the-century property stands as a testament to timeless architecture and unlimited potential. Welcoming a visionary investor seeking to restore its original splendor, this building encompasses 13 residential units, each exuding a unique charm, alongside a versatile commercial space poised for transformation. Potential Billboard Revenue: The expansive side of the building provides a unique opportunity...SELLER SAYS "Make me an offer": Nestled in the heart of the south side of town, this grand turn-of-the-century property stands as a testament to timeless architecture and unlimited potential. Welcoming a visionary investor seeking to restore its original splendor, this building encompasses 13 residential units, each exuding a unique charm, alongside a versatile commercial space poised for transformation. Potential Billboard Revenue: The expansive side of the building provides a unique opportunity for additional income through billboard advertising, capitalizing on high foot traffic and visibility.
  1. Listed by Robert Reyes • Realty of Chicago LLC
  2. Listed by Israel Valadez • Realty of Chicago LLC

Property Details for 7048 South Western Avenue

Area
CHI - Chicago Lawn
Township
South Chicago
Zoning
COMMR

Location

Listing Courtesy of Realty of Chicago LLC
Add your commute
LISTING UPDATED: 05/06/2024 12:06 AM

Property Details for 7048 South Western Avenue

StatusActive
MLS #12043743
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1900
Lot Size0.12 AC / 5,376 SF
CountyCook County

Location

Listing Courtesy of Realty of Chicago LLC
Add your commute

Building Information for 7048 South Western Avenue

Stories-Residences14Year Built1900Building Size-Lot Size0.12 AC / 5,376 SF

Payment Calculator

$2,456 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7048 South Western Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Other
  • Heat/Ventilation: Other
  • Num of Baths: 13.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance,Other
  • Lot Dimensions: 108.4X50
  • Lot Size Square Feet: 5376.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Fire Protection: None
  • Roof Structure: Flat
Property and Assessments
  • Possible Use: Commercial, Condominium, Office and Research, Development, Multi-Family, Retail, Special Use, Other
  • Buyer Financing: Cash, Other, Negotiable
  • Public Document Count: 0
  • Photos Count: 17
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 14
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7048 South Western 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 7048 South Western Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size5,378 SqFtStyleGovernmental / Public UseCountyCOOKAPN19-24-428-039

Schools near 7048 South Western Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 8 to 12
Public - 11 to 12
Rating
School
Distance
Mckay Elementary School
PublicPK to 8

Gage Park High School
Public9 to 12

Excel Academy - Southwest HS
Public8 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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7048 South Western Avenue is a multi-family home for sale in Chicago, IL 60636. This property was listed for sale on April 30, 2024 by Realty of Chicago LLC, it's currently listed at $450,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Mckay Elementary School, Gage Park High School and Excel Academy - Southwest HS. 7048 South Western Avenue is a 20-bed, 13-bath, multi-family home built in 1900.

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 Realty of Chicago LLC

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 05/06/2024 12:06 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.