1841 South Loomis Street

Chicago, IL 60608

$1,160,000
Last Sold Price
11
Beds
8
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to own this gut rehabbed 5 unit apartment building located in the Heart of Pilsen. Great mix of units, (2) 1BR/1 bath, (2) 3BR/2 bath and a huge 3BR/2.5 bath duplex coach house. Fully permitted gut rehab finished in 2018. All new everything; plumbing, electric, kitchens, baths, windows, porches, gas pipes, water service, sewer service, electric service. All apartments have stainless steel appliances, quarts counters, hardwood floors, full size Washer/Dryers in unit, individually...Great opportunity to own this gut rehabbed 5 unit apartment building located in the Heart of Pilsen. Great mix of units, (2) 1BR/1 bath, (2) 3BR/2 bath and a huge 3BR/2.5 bath duplex coach house. Fully permitted gut rehab finished in 2018. All new everything; plumbing, electric, kitchens, baths, windows, porches, gas pipes, water service, sewer service, electric service. All apartments have stainless steel appliances, quarts counters, hardwood floors, full size Washer/Dryers in unit, individually controlled high efficiency central heat/AC, dishwashers, garbage disposals, individual hot water tanks and more. Prime location right in the heart of vibrant Pilsen...walk to everything. Great tenants in place, with upside in the rents in a consistently strong rental market.
  1. Listed by David Ryan • Homesmart Connect LLC

Sold By Fitzgerald Real Estate Inc.

Property Details for 1841 South Loomis Street

Area
CHI - Lower West Side
Township
West Chicago
Num of Interior Fireplaces
0
Zoning
MULTI

Location

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LISTING UPDATED: 02/10/2024 10:42 AM

Property Details for 1841 South Loomis Street

StatusClosed
MLS #11676269
Days on Market446
Taxes$16,423 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1880
Lot Size0.07 AC / 3,144 SF
CountyCook County

Location

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Building Information for 1841 South Loomis Street

Stories-Residences5Year Built1880Building Size-Lot Size0.07 AC / 3,144 SF

Payment Calculator

$7,699 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,331

Property Taxes

$1,369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1841 South Loomis Street

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • # Of Washers: 5
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Window/Ac: 0
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: Yes
  • # Of Dryers: 5
  • # Of Dishwashers: 5
  • Num of Baths: 8.1
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Flats
  • Lot Dimensions: 25*125
  • Lot Size Square Feet: 3144.0
  • Stories: 3
  • # Of Ranges: 5
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $213.00
  • Fuel Expense: $.00
  • Gross Income: $114,000.00
  • Gross Scheduled Income: $114,000.00
  • Insurance Expense: $1,861.00
  • Maintenance Expense: $2,795.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 450
  • Manager Expense Source: AC
  • Net Operating Income Year: 2023
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 9500
  • Water Expense Source: Actual
  • Net Operating Income: $84,708.00
  • Operating Expense: $29,292.00
  • Other Expense: $2,000.00
  • Trash Expense: $4,332.00
  • Water Sewer Expense: $1,218.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
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 1841 South Loomis 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 1841 South Loomis Street

Taxable ValueLand$9,432Additions$75,568Total$85,000
Tax Record2022$16,780 ($1,398 / month)
Home Facts
Baths1Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtStories1Lot Size3,144 SqFtStyleMulti-Family Res (5+ Units)Year Built1878CountyCOOKAPN17-20-314-004

Schools near 1841 South Loomis Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Perez Elementary School
PublicPK to 8

Juarez Community Academy High School
Public9 to 12

Acero Chtr - Bartolome de las
CharterK to 8

Urban Prep Chtr E Garfield High School
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.

Similar Homes

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Similar Sold Homes

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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. 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 Homesmart Connect 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.