Sold
Last Sold Price
8 beds
7256 S Rhodes Ave, Chicago, IL 60619
Multi FamilyProperty Type
0.13 acresLot Size
1926Year Built
2 carsParking Spaces

Description

    Sold By Realty Asset Advisors LLC

    • Listed by: Robert Thompson 630.742.0896 rthompson@realtyassetadvisor.com • Realty Asset Advisors LLC
    Listing closed: 12/28/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11224681

    Recent comparable sales

    Median sold price

    $445,000

    Avg days on market

    132

    Sale-to-list ratio

    88.3%

    Chicago, IL

    9 comparable properties found

    a view of a pathway
    1/16
    1

    $385,000

    Sold 02/13/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.18
    Acres
    $435,000 | 7437 South Rhodes Avenue, Chicago, IL 60619
    1/23
    2

    $435,000

    Sold 05/30/25

    8
    Bedrooms
    Unavailable
    Square Feet
    0.17
    Acres
    a view of building with a yard
    1/10
    3

    $470,000

    Sold 11/19/24

    9
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    a front view of a house with a yard
    1/14
    4

    $500,000

    Sold 04/20/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.15
    Acres
    a view of a building with a outdoor space
    1/27
    5

    $290,000

    Sold 04/24/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $475,000 | 8212 South Vernon Avenue, Chicago, IL 60619
    1/24
    6

    $475,000

    Sold 05/15/26

    9
    Bedrooms
    Unavailable
    Square Feet
    0.13
    Acres
    $412,000 | 6837-6839 South East End Avenue, Chicago, IL 60649
    1/2
    7

    $412,000

    Sold 09/05/25

    16
    Bedrooms
    Unavailable
    Square Feet
    0.17
    Acres
    $445,000 | 7831 South Colfax Avenue, Chicago, IL 60649
    1/51
    8

    $445,000

    Sold 02/27/26

    21
    Bedrooms
    Unavailable
    Square Feet
    0.19
    Acres
    $556,500 | 7552 South Lafayette Avenue, Chicago, IL 60620
    1/5
    9

    $556,500

    Sold 03/18/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.18
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $2,630 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,119

    Property Taxes

    $511

    HOA Dues

    $0

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    Property Information for 7256 South Rhodes Avenue

    Property Details
    • Taxes: $6,131 / year
    • MLS Type: Multi Family 5+ / Multi Family 5+-Garden Complex
    • County: Cook County
    • Area: CHI - Greater Grand Crossing
    • Air Conditioning Type: Window Unit(s)
    Building Information
    • Stories: 2
    • Residences: 8
    • Year Built: 1926
    • Lot Size: 0.13 AC / 5,536 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Information: List Broker Must Accompany,48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Circuit Breakers, Service - 201 to 600 Amps
    • Heat/Ventilation: Forced Air,Gas
    • Num of Baths: 8.0
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Garden Complex
    • Lot Dimensions: 5536
    • Lot Size Square Feet: 5536.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Rubber
    • Roof Structure: Flat
    • Foundation Details: Brick/Mortar
    • Lot Size Source: County Records
    • Conversion: N
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2021-09-21T02:43:07
    • Photos Count: 14
    • Deconversion: N
    Miscellaneous
    • Current Use: Multi-Family
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 8
    Income & Expenses
    • Electric Expense: $413.00
    • Fuel Expense: $.00
    • Gross Income: $67,500.00
    • Gross Scheduled Income: $60,750.00
    • Insurance Expense: $4,108.00
    • Maintenance Expense: $5,085.00
    • Electric Expense Source: Actual
    • Known Encumbrances: First Mortgage
    • Expense Year: 2020
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Janitor Expense: 3000
    • Net Operating Income Year: 2020
    • Other Expense Source: Actual
    • Repairs-Decor Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 5625
    • Water Expense Source: Actual
    • Net Operating Income: $31,453.00
    • Operating Expense: $29,297.00
    • Other Expense: $3,444.00
    • Trash Expense: $1,333.00
    • Water Sewer Expense: $5,784.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 2
    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: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 2
    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 7256 South Rhodes Avenue

    DateEvent & SourcePriceAppreciation
    Dec 28, 2021

    Sold

    MRED #11224681

    $410,000
    Dec 20, 2021

    Sold (Public Record)

    Public Record #1483464415

    $410,000

    +13.6% / yr

    Sep 22, 2021

    Contingent

    MRED #11224681

    DateEvent & SourcePrice
    12/28/2021

    Sold

    MRED #11224681

    $410,000
    12/20/2021

    Sold (Public Record)

    Public Record #1483464415

    $410,000

    +13.6% / yr

    09/22/2021

    Contingent

    MRED #11224681

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

    Public Records for 7256 South Rhodes Avenue

    Taxable ValueLand$6,920Additions$37,374Total$44,294
    Tax Record2024$8,899 ($742 / month)
    Home Facts
    Total Finished SqFt6,204 SqFtAbove Grade Finished SqFt6,204 SqFtStories2Lot Size5,536 SqFtStyleMulti-Family Res (5+ Units)Year Built1926Year Renovated1926ZoningRS-3CountyCOOKAPN20-27-210-042-0000

    Schools near 7256 South Rhodes Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - 6 to 12
    Charter - 9 to 12
    Rating
    School
    Distance
    Park Manor Elementary School
    PublicPK to 8

    Englewood STEM High School
    Public9 to 12

    Gary Comer College Prep
    Charter6 to 12

    YCCS-Progressive Leadership Acad
    Charter9 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.

    Neighborhood Map and Transit

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Realty Asset Advisors 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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/30/2021 02:59 PM. 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.