2013 South Loomis Street

Chicago, IL 60608

$1,020,000
Last Sold Price
13
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare value-added opportunity in the heart of the hot Pilsen neighborhood. The property is surrounded by ample restaurants, grocery stores, and other living amenities within walking distance to the bus station and Metro purple line. The front building has 6 units plus 1 nonconforming unit which needs work to finish, 2 units are in the coach house. 100% occupied with all MTM leases which gives the new owner flexibility to do the value-added work. Large potential to increase rent amountsRare value-added opportunity in the heart of the hot Pilsen neighborhood. The property is surrounded by ample restaurants, grocery stores, and other living amenities within walking distance to the bus station and Metro purple line. The front building has 6 units plus 1 nonconforming unit which needs work to finish, 2 units are in the coach house. 100% occupied with all MTM leases which gives the new owner flexibility to do the value-added work. Large potential to increase rent amounts
  1. Listed by Paul Tsakiris • First Western Properties

Sold By Jameson Sotheby's Intl Realty

Property Details for 2013 South Loomis Street

Area
CHI - Lower West Side
Num Of Parking Spaces
0.0

Location

Add your commute
LISTING UPDATED: 07/01/2022 02:30 PM

Property Details for 2013 South Loomis Street

StatusClosed
MLS #11352706
Days on Market102
Taxes$5,382 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1885
Lot Size0.06 AC / 2,613 SF
CountyCook County

Location

Add your commute

Building Information for 2013 South Loomis Street

Stories-Residences8Year Built1885Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$6,015 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,567

Property Taxes

$449

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2013 South Loomis Street

General Information
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Basement Description: Unfinished
  • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls,Gas,Space Heaters
  • Misc Inside: Laundry Room
  • # Of Dishwashers: 0
  • Num of Baths: 8.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 25X109
  • Stories: 3
  • Exterior Building Type: Brick
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 17
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: $.00
  • Fuel Expense: $.00
  • Gross Income: $76,800.00
  • Gross Scheduled Income: $76,800.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 6400
  • Water Expense Source: Actual
  • Net Operating Income: $65,878.00
  • Operating Expense: $10,922.00
  • Other Expense: $.00
  • Trash Expense: $1,492.00
  • Water Sewer Expense: $1,048.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 5
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
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 2013 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 2013 South Loomis Street

Taxable ValueLand$8,175Additions$66,554Total$74,729
Tax Record2022$15,370 ($1,281 / month)
Home Facts
Baths2Total Finished SqFt968 SqFtAbove Grade Finished SqFt968 SqFtStories1Lot Size2,725 SqFtStyleMulti-Family Res (5+ Units)Year Built1883CountyCOOKAPN17-20-324-006

Schools near 2013 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 First Western Properties

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.