1705 East 85th Street

Chicago, IL 60617

$463,158
Last Sold Price
12
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A Great, Well Maintained Large Corner Lot Multi-Unit In The Stoney Island Park Area. This Building Has 2 Different Unit Choices With, 4-1 Bedroom Units And 4-2 Bedroom Units. Each Unit Has A Spacious Separate Living Room And Dining Room, As Well As Large Eat-in-Kitchens. The Unfinished Basement Has Some Laundry Amenities And The Fenced Backyard Is Professionally Landscaped. With A 3Car Garage To Cap Off Your Income Possibilities.A Great, Well Maintained Large Corner Lot Multi-Unit In The Stoney Island Park Area. This Building Has 2 Different Unit Choices With, 4-1 Bedroom Units And 4-2 Bedroom Units. Each Unit Has A Spacious Separate Living Room And Dining Room, As Well As Large Eat-in-Kitchens. The Unfinished Basement Has Some Laundry Amenities And The Fenced Backyard Is Professionally Landscaped. With A 3Car Garage To Cap Off Your Income Possibilities.
  1. Listed by Perdure Carter • Dream Spots Leasing Inc

Property Details for 1705 East 85th Street

Area
CHI - Avalon Park
Township
Hyde Park
Num Of Parking Spaces
3.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of Dream Spots Leasing Inc

Sold By Chicago Real Estate Resources

Add your commute
LISTING UPDATED: 03/28/2022 07:22 AM

Property Details for 1705 East 85th Street

StatusClosed
MLS #11246224
Days on Market160
Taxes$9,113 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1924
Lot Size0.20 AC / 8,701 SF
CountyCook County

Location

Listing Courtesy of Dream Spots Leasing Inc

Sold By Chicago Real Estate Resources

Add your commute

Building Information for 1705 East 85th Street

Stories-Residences8Year Built1924Building Size-Lot Size0.20 AC / 8,701 SF

Payment Calculator

$3,287 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,528

Property Taxes

$759

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1705 East 85th Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: Other
Location and General Information
  • Frontage Type: City Street, Alley Access, Paved
  • Information: Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Basement Description: Unfinished, Exterior Access
  • Heat/Ventilation: Radiators
  • # Of Refrigerators: 8
  • Misc Inside: Inside Corridor/s,Storage Inside,Laundry Room
  • # Of Dryers: 2
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 8.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 8701
  • Lot Size Square Feet: 8701.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Lot Size Source: County Records
  • # Of Ranges: 8
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Location: Corner
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: $564.00
  • Fuel Expense: $7,060.00
  • Gross Income: $87,000.00
  • Gross Scheduled Income: $87,000.00
  • Insurance Expense: $2,400.00
  • Maintenance Expense: $1,000.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2018
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 1200
  • Manager Expense Source: AC
  • Net Operating Income Year: 2018
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 7250
  • Water Expense Source: Actual
  • Net Operating Income: $62,057.00
  • Operating Expense: $24,943.00
  • Other Expense: $1,100.00
  • Trash Expense: $600.00
  • Water Sewer Expense: $3,100.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
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 1705 East 85th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1705 East 85th Street

Taxable ValueLand$7,830Additions$29,949Total$37,779
Tax Record2021$7,597 ($633 / month)
Home Facts
Stories2Lot Size8,701 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN20-36-317-001

Schools near 1705 East 85th Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Charter - 10 to 12
Public - K to 8
Rating
School
Distance
CICS Avalon
CharterK to 8

YCCS-Sullivan House Alt HS
Charter10 to 12

Black Magnet Elementary School
PublicK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Dream Spots Leasing Inc

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.