1444 South Trumbull Avenue

1444 South Trumbull Avenue

Chicago, IL 60623

$809,900
Price
20
Beds
9
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a residential apartment building with a yard
a brick building with a yard in front of it
a kitchen with granite countertop a stove a microwave and a sink
an empty room with wooden floor and windows
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an empty room with wooden floor and windows
a bathroom with a sink and a bathtub
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an empty room with wooden floor and windows
an empty room with wooden floor and windows
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an empty room with wooden floor and entrance
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor
a bathroom with a sink and a bathtub
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a view of room with wooden floor
a view of an empty room with window and chandelier fan
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a bathroom with a shower curtain and a sink
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Description

Proud to present a contemporary 9 unit multifamily property situated at 1444 S. Trumbull Ave in the vibrant North Lawndale neighborhood of Chicago, IL. The property is situated in the thriving North Dawndale community of Chicago, IL, a strategically located area with potential for growth. The neighborhood offers a mix of residential and commercial spaces, providing a balanced and desirable living environment. The property presents a moderate value-add opportunity, allowing for strategic improvements...Proud to present a contemporary 9 unit multifamily property situated at 1444 S. Trumbull Ave in the vibrant North Lawndale neighborhood of Chicago, IL. The property is situated in the thriving North Dawndale community of Chicago, IL, a strategically located area with potential for growth. The neighborhood offers a mix of residential and commercial spaces, providing a balanced and desirable living environment. The property presents a moderate value-add opportunity, allowing for strategic improvements to enhance overall asset value. Implementing targeted renovations and upgrades can lead to increased rental income and improved tenant satisfaction. A diverse unit mix of 2-bedroom and 3-bedroom units caters to a broad tenant demographic, providing flexibility in attracting and retaining residents. The property's attractive 9.10% cap rate positions it as a promising investment for stable and consistent cash flow. The North Lawndale community strategic location ensures proximity to key amenities, transportation hubs, and employment centers, contributing to sustained tenant demand.
  1. Listed by Anthony Hardy • Keller Williams ONEChicago
  2. Listed by Travis Montgomery • Keller Williams ONEChicago

Property Details for 1444 South Trumbull Avenue

Area
CHI - North Lawndale

Location

Listing Courtesy of Keller Williams ONEChicago
Add your commute
LISTING UPDATED: 02/09/2024 02:21 AM

Property Details for 1444 South Trumbull Avenue

StatusPrice Change
MLS #11932846
Days on Market230
Taxes$14,081 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Garden Complex
Year Built1914
Lot Size0.12 AC / 5,250 SF
CountyCook County

Location

Listing Courtesy of Keller Williams ONEChicago
Add your commute

Building Information for 1444 South Trumbull Avenue

Stories-Residences9Year Built1914Building Size-Lot Size0.12 AC / 5,250 SF

Payment Calculator

$5,593 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,420

Property Taxes

$1,173

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1444 South Trumbull Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Individual Furnaces
  • Num of Baths: 9.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Garden Complex
  • Lot Dimensions: 42' X 125'
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 38
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $559.00
  • Fuel Expense: $.00
  • Gross Income: $117,108.00
  • Gross Scheduled Income: $111,253.00
  • Insurance Expense: $5,051.00
  • Maintenance Expense: $3,825.00
  • Manager Expense: $5,563.00
  • Janitor Expense: 2700
  • Total Monthly Income: 9759
  • Net Operating Income: $72,252.00
  • Operating Expense: $39,001.00
  • Other Expense: $2,000.00
  • Trash Expense: $1,296.00
  • Water Sewer Expense: $3,926.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 7
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
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 1444 South Trumbull 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 1444 South Trumbull Avenue

Taxable ValueLand$5,512Additions$64,282Total$69,794
Tax Record2022$14,404 ($1,200 / month)
Home Facts
Stories3Lot Size5,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1914CountyCOOKAPN16-23-216-027

Schools near 1444 South Trumbull Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Johnson Elementary School
Public - PK to 8
Manley Career Academy High School
Public - 9 to 12
North Lawndale Prep Chtr - Christ
Charter - 9 to 12
Legacy Elementary Charter School
Charter - K to 8
Rating
School
Distance
Johnson Elementary School
PublicPK to 8

Manley Career Academy High School
Public9 to 12

North Lawndale Prep Chtr - Christ
Charter9 to 12

Legacy Elementary Charter School
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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More information about 1444 South Trumbull Avenue, Chicago, IL 60623

1444 South Trumbull Avenue is a multi-family home for sale in Chicago, IL 60623. This property was listed for sale on November 17, 2023 by Keller Williams ONEChicago, it's currently listed at $809,900. It has been on the market for a total of 230 days and was last sold on December 17, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Johnson Elementary School, Manley Career Academy High School and North Lawndale Prep Chtr - Christ. 1444 South Trumbull Avenue is a 20-bed, 9-bath, multi-family home built in 1914.

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 Keller Williams ONEChicago

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.