1654 East 85th Street

Chicago, IL 60617

$636,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 1654 East 85th Street

StatusContingent
MLS #10417611
Year Built1927
DOM57
Compass TypeMulti Family
MLS TypeMulti Family +5 / Corridor-Interior Entrance
Lot Size0.19 AC / 8,276 SF
Taxes$8,987.89 / year
Condo/Co-op Fees-
HOA Fees-
CountyCook County

Listing Agent

Perdure Carter

Dream Spots Leasing Inc

dreamspots@ymail.com

P: (312) 502-7205

Contact Agent(s)

Property Details for 1654 East 85th Street

Area
CHI - Avalon Park

Description

This Great Stoney Island Park 11 Unit Building Has Two Types Of 1 Bedroom Units To Choose From. Each Unit Has A Separate Living And Dining Room As Well As Large Eat-In-Kitchens. The Property Is Well Maintained And Includes Laundry In The Full Unfinished Basement. Sitting On A Large Corner Lot With A Beautifully Landscaped Front Fenced Yard And Walk.

Location

Listing Courtesy of Dream Spots Leasing Inc

Building Information for 1654 East 85th Street

Stories-Residences-Year Built1927Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$3,038 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,289

Property Taxes

$749

HOA Dues

$0

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Property Information for 1654 East 85th Street

Interior Features
    Basement Information
  • Basement Description: Unfinished
Property/Lot Information
    General Information
  • Property Type: Multi Family 5+
  • Type Multi 2 4: Corridor-Interior Entrance
    Structure Information
  • Exterior Building Type: Brick
  • Num Of Units: 11
  • Approx Year Built: 1927
  • Approximate Age: Older
  • Built Before 1978: Yes
  • Lot Sq Ft: 8348
  • Owners Association?: No
  • Roof Coverings: Rubber
  • Roof Structure: Flat
    Location Information
  • Directions: Stoney Island to 85th St, 85th St to property
  • Township: HYDE PARK
    Lot Information
  • Acreage: 0
  • Foundation: Concrete
  • Lot Dimensions: 8348
  • Zoning Type: MULTI
Lot/Land Information
    Lot/Land Information
  • Current Use: Residential-Multi-Family
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Ownership Type: Individual
  • Tenant Pays: Electric
Multi-Unit 5+ Information
    Building Features
  • Num Of Dryers: 1
  • Num Of Ranges: 11
  • Num Of Refrigs: 11
  • Num Of Washers: 1
  • Electrical Service: Circuit Breakers
  • Heat Ventilation: Central Bldg Heat, Radiators
  • Misc Inside: Inside Corridor/s
  • Misc Outside: Security Lighting, Storms and Screens (as exist)
    Unit 1 Information
  • Num Of Bdrms: 1
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 5
  • Num Of Units: 11
  • Monthly Income: 700
  • Monthly Income Max: $900
    Unit 2 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Monthly Income: 0
    Unit 3 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Monthly Income: 0
    Unit 4 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Monthly Income: 0
    Income / Expense Information
  • Num Of Bdrms: 0
  • Cap Rate Percent: 12
  • Num Of Rooms: 0
  • Electric Expense Source: Actual
  • Monthly Income: 0
  • Expense Year: 2018
  • Fuel Expense: 8900
  • Fuel Expense Source: Actual
  • Gross Rent Multiplier: 6
  • Gross Rental Income: 103800
  • Insurance Expense Source: Broker Projection
  • Janitor Expense Source: Broker Projection
  • Net Operating Income: 75770
  • Net Operating Income Year: 2018
  • Other Expense Source: Owner Projection
  • Other Expenses: 1100
  • Repairs Decor Expense: 1000
  • Repairs Decor Expense Source: Broker Projection
  • Scavenger Expense: 600
  • Scavenger Expense Source: Broker Projection
  • Total Annual Expenses: 28030
  • Total Annual Income: 103800
  • Total Monthly Income: 8650
  • Water Expense: 3765
  • Water Expense Source: Actual
    Unit 6 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Monthly Income: 0
    Unit 7 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Monthly Income: 0

Property History for 1654 East 85th Street

DateEvent & SourcePriceAppreciation
Aug 5, 2019Contingent

MRED #10417611

Jun 14, 2019Listed (Active)

MRED #10417611

$636,500
DateEvent & SourcePrice
08/05/2019
Contingent

MRED #10417611

06/14/2019
Listed (Active)

MRED #10417611

$636,500

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

Public Records for 1654 East 85th Street

Taxable ValueLand$6,261Additions$32,239Total$38,500
Tax Record2017$8,287
Home Facts
Stories2Lot Size8,433 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN20363100390000

Schools near 1654 East 85th Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Caldwell Elementary Academy Of Math & SciPublicPK-80.1 mi
2
CICS AvalonCharterK-80.3 mi
NR
Chicago Vocational Career Academy High SchoolPublic9-120.6 mi
3
Chicago Voc Achievement Academy High SchoolPublic10-120.6 mi
NR

Caldwell Elementary Academy Of Math & Sci

PK-8, 0.1 mi, Public

2

CICS Avalon

K-8, 0.3 mi, Charter

NR

Chicago Vocational Career Academy High School

9-12, 0.6 mi, Public

3

Chicago Voc Achievement Academy High School

10-12, 0.6 mi, Public

NR

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Dream Spots Leasing Inc
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