Sold
Last Sold Price
13 beds
8558 W Rascher Ave, Chicago, IL 60656
Multi FamilyProperty Type
5,695 sq ftLot Size
1966Year Built
5 carsParking Spaces

Description

Wonderful Rental Location! Brick 6 Flat. Large Units. Two 3-Bedroom Units, Three 2-Bedroom Units, One 1-Bedroom. All Units Have 1 Bathroom. Building Features Hardwood Floor Throughout, Kitchens w/ Separate Dining Space, Laundry (Coin Operated), Storage Units, 5 Outdoor Parking Spaces. Long Term Tenants. Walk to Train. Close to Expressways, Health Club, Stores, Restaurants and More! Over 7% Cap Rate. Multiple offers received. Best and final due, Tuesday, August 23rd at 10am.Wonderful Rental Location! Brick 6 Flat. Large Units. Two 3-Bedroom Units, Three 2-Bedroom Units, One 1-Bedroom. All Units Have 1 Bathroom. Building Features Hardwood Floor Throughout, Kitchens w/ Separate Dining Space, Laundry (Coin Operated), Storage Units, 5 Outdoor Parking Spaces. Long Term Tenants. Walk to Train. Close to Expressways, Health Club, Stores, Restaurants and More! Over 7% Cap Rate. Multiple offers received. Best and final due, Tuesday, August 23rd at 10am.

    Sold By Capital Real Estate Services

    • Listed by: Kora 312.208.5672 korachang@gmail.com • MK Real Estate Group, LLC
    Listing closed: 10/19/2016 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09316567

    Recent comparable sales

    Median sold price

    $675,000

    Avg days on market

    89

    Sale-to-list ratio

    94.2%

    Chicago, IL

    9 comparable properties found

    a front view of a house with garden
    1/3
    1

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    Sold 07/29/25

    13
    Bedrooms
    Unavailable
    Square Feet
    0.13
    Acres
    a front view of a house with a yard
    1/33
    2

    $630,000

    Sold 12/17/25

    13
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $795,000 | 1658 North Harding Avenue, Chicago, IL 60647
    1/11
    3

    $795,000

    Sold 06/13/25

    13
    Bedrooms
    Unavailable
    Square Feet
    0.10
    Acres
    a brick building that has a street sign on it
    1/9
    4

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    Sold 02/04/26

    13
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    Unavailable
    Square Feet
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    Acres
    $1,030,000 | 8622 West Summerdale Avenue, Chicago, IL 60656
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    Sold 12/08/25

    14
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    Unavailable
    Square Feet
    0.14
    Acres
    $615,000 | 2221 South Springfield Avenue, Chicago, IL 60623
    1/17
    6

    $615,000

    Sold 12/24/25

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    Square Feet
    0.14
    Acres
    $735,000 | 3920 West Grand Avenue, Chicago, IL 60651
    1/48
    7

    $735,000

    Sold 09/30/24

    13
    Bedrooms
    Unavailable
    Square Feet
    0.13
    Acres
    a view of a brick house with a large windows
    1/22
    8

    $675,000

    Sold 04/04/25

    13
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a car parked in front of a building
    1/17
    9

    $620,000

    Sold 04/08/25

    12
    Bedrooms
    Unavailable
    Square Feet
    0.09
    Acres

    Location

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    $4,367 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,456

    Property Taxes

    $910

    HOA Dues

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    Property Information for 8558 West Rascher Avenue

    Property Details
    • Taxes: $10,925 / year
    • MLS Type: Multi Family 5+ / Corridor-Interior Entrance
    • County: Cook County
    • Area: CHI - O'Hare
    • Township: JEFFERSON
    • Air Conditioning Type: Window Unit(s)
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 6
    • Year Built: 1966
    • Lot Size: 0.13 AC / 5,695 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Information: 24-Hr Notice Required,Listing Agent Must Accompany,No Sign on Property,Highly Confidential
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Circuit Breakers
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air,Gas,Baseboard
    • # Of Window/Ac: 6
    • # Of Refrigerators: 6
    • # Of Dryers: 1
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 6.0
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Corridor-Interior Entrance
    • Lot Dimensions: 43 X 133
    • Lot Size Square Feet: 5695.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Foundation Details: Brick/Mortar
    • Building Area Total: 6624
    • # Of Ranges: 6
    • MRD_UNC: No
    Property and Assessments
    • Photos Count: 2
    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: $350.00
    • Fuel Expense: $4,600.00
    • Gross Income: $70,860.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $2,800.00
    • Maintenance Expense: $1,100.00
    • Expense Year: 2016
    • Total Annual Expense Source: Owner Projection
    • Janitor Expense: 0
    • Total Monthly Income: 5905
    • Net Operating Income: $.00
    • Operating Expense: $12,370.00
    • Other Expense: $.00
    • Trash Expense: $1,020.00
    • Water Sewer Expense: $2,500.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • 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: 3
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • 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 8558 West Rascher Avenue

    DateEvent & SourcePriceAppreciation
    Oct 19, 2016

    Sold

    MRED #09316567

    $680,000
    Oct 11, 2016

    Sold (Public Record)

    Public Record #589459335

    $680,000
    Aug 23, 2016

    Pending

    MRED #09316567

    DateEvent & SourcePrice
    10/19/2016

    Sold

    MRED #09316567

    $680,000
    10/11/2016

    Sold (Public Record)

    Public Record #589459335

    $680,000
    08/23/2016

    Pending

    MRED #09316567

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

    Public Records for 8558 West Rascher Avenue

    Taxable ValueLand$14,238Additions$71,763Total$86,001
    Tax Record2023$16,477 ($1,373 / month)
    Home Facts
    Baths6Total Finished SqFt6,624 SqFtAbove Grade Finished SqFt6,624 SqFtStories3Lot Size5,695 SqFtStyleMulti-Family Res (5+ Units)Year Built1969CountyCOOKAPN12-11-120-029

    Schools near 8558 West Rascher Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 7 to 12
    Public - PK to 3
    Public - 9 to 12
    Rating
    School
    Distance
    Dirksen Elementary School
    PublicPK to 8

    Taft High School
    Public7 to 12

    Beard Elementary School
    PublicPK to 3

    Ombudsman Chicago Northwest
    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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    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 MK Real Estate Group, 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 05/05/2021 04:45 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.