2624 West Rice Street

Closed 6/26/07
Closed 6/26/07
Gallery Image 1
Sold
Last Sold Price
$654,000
24 beds

2624 W Rice St, Chicago, IL 60622

Multi FamilyProperty Type
0.09 acresLot Size
1915Year Built
3 carsParking Spaces

Description

L shaped brick 6 flat. all 2 bedroom apts. the building does need work. natural woodwork and harwood floors. all separate heat. owner occupies 2 apts. 1 apt. needs everthing, one apt. needs almost everthing. 2 long term month to month tenants. building does not qualify on its own. rent is valued.L shaped brick 6 flat. all 2 bedroom apts. the building does need work. natural woodwork and harwood floors. all separate heat. owner occupies 2 apts. 1 apt. needs everthing, one apt. needs almost everthing. 2 long term month to month tenants. building does not qualify on its own. rent is valued.

    Sold By GILARA, Inc.

    • Listed by: Larry 773.447.9535 lbernstein@koenigrubloff.com • Exit Real Estate Partners
    Listing closed: 06/26/2007 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 06332775
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    Recent comparable sales

    Median sold price

    $660,000

    Avg days on market

    50

    Sale-to-list ratio

    88.0%

    Chicago, IL

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    1465 West Cortez Street, Chicago, IL 60642

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    Property Taxes

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    Property Information for 2624 West Rice Street

    Property Details

    • Taxes: $4,811 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: CHI - West Town
    • Township: WEST CHICAGO
    • Air Conditioning Type: Central Air, Partial
    • Zoning: RS-3

    Building Information

    • Stories: 3
    • Residences: 6
    • Year Built: 1915
    • Lot Size: 0.09 AC / 4,125 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    • Open Parking Spaces: 3.0
    Location and General Information
    • Frontage Type: City Street
    • Information: 24-Hr Notice Required
    • Postal Code Plus 4: 4557
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Air Conditioning: Central Air, Partial
    • Electric: Circuit Breakers, Separate Meters
    • Basement Description: Unfinished
    • Heat/Ventilation: Forced Air,Hot Water,Separate Per Unit,Space Heaters
    • Num of Baths: 12.0
    Utilities / Equipment
    • Utilities: Sanitary Sewer, Sewer-Storm Available, Water to Site
    Property/Lot Information
    • Tenant Pays: Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Flats
    • Lot Dimensions: 33 X 125
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Rubber
    • Roof Structure: Flat
    • Foundation Details: Block, Concrete Perimeter
    • Building Area Total: 5850
    • MRD_UNC: No
    Property and Assessments
    • Photos Count: 1
    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: $500.00
    • Fuel Expense: $.00
    • Gross Income: $5,400.00
    • Gross Scheduled Income: $9,600.00
    • Insurance Expense: $2,000.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Broker Projection
    • Known Encumbrances: First Mortgage
    • Fuel Expense Source: Broker Projection
    • Insurance Expense Source: Broker Projection
    • Janitor Expense: 0
    • Laundry Income (Annual): 0
    • Annual Misc Income: 0
    • Net Operating Income Year: 2005
    • Other Expense Source: Broker Projection
    • Trash Expense Source: Broker Projection
    • Total Monthly Income: 800
    • Tax Expense Source: Actual
    • Water Expense Source: Broker Projection
    • Net Operating Income: $4,800.00
    • Operating Expense: $4,810.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $1,000.00
    • Annual Parking Income: 2400
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 2
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 3
    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: 2
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 3
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 2624 West Rice Street

    DateEvent & SourcePriceAppreciation
    Jun 26, 2007

    Sold

    MRED #06332775

    		$654,000—
    Nov 11, 2006

    Pending

    MRED #06332775

    		—
    Nov 4, 2006

    Listed (Active)

    MRED #06332775

    		$649,000—
    DateEvent & SourcePrice
    06/26/2007

    Sold

    MRED #06332775

    $654,000
    11/11/2006

    Pending

    MRED #06332775

    —
    11/04/2006

    Listed (Active)

    MRED #06332775

    $649,000

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

    Public records

    2624 West Rice Street

    Beds

    0

    Style

    Condominium

    County

    COOK

    APN

    16-01-426-049-1001

    Schools near 2624 West Rice Street

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Chopin Elementary School
    		Public - PK to 8
    Clemente Community Academy High School
    		Public - 9 to 12
    Chicago High School For The Arts
    		Public - 9 to 12
    Acero Charter - Esmera Santiago Campus
    		Charter - K to 8
    Rating
    School
    Distance
    Chopin Elementary School
    PublicPK to 8

    Clemente Community Academy High School
    Public9 to 12

    Chicago High School For The Arts
    Public9 to 12

    Acero Charter - Esmera Santiago Campus
    CharterK to 8

    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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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 2624 West Rice Street, Chicago, IL 60622
    $654,000
    24
    –
    4,125
    2624 West Rice Street, Unit 3F, Chicago, IL 60622
    $312,500
    2
    –
    –
    2624 West Rice Street, Unit 1R, Chicago, IL 60622
    $183,000
    1
    –
    –
    2624 West Rice Street, Unit 2F, Chicago, IL 60622
    $325,000
    2
    –
    –
    2624 West Rice Street, Unit 2R, Chicago, IL 60622
    $217,000
    1
    –
    –
    2624 West Rice Street, Unit 3R, Chicago, IL 60622
    $248,100
    1
    –
    –

    Explore Nearby Homes

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    Listing Courtesy of Exit Real Estate Partners

    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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 04:18 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.