3550 West 13th Place

Chicago, IL 60623

$185,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 3550 West 13th Place

StatusActive
MLS #10610489
Year Built1920
DOM14
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Lot Size-
Taxes$4,279 / year
Condo/Co-op Fees-
HOA Fees-
CountyCook County

Listing Agent

Contact Agent(s)

Property Details for 3550 West 13th Place

Area
CHI - North Lawndale
City
Chicago

Description

Attention investors: 6 unit building with a ton of potential; with a opportunity to add 2 more units in the lower level!. Building features 3 - 3 Bedroom / 1 Bath units and 3 - 2 Bedroom / 1 Bath units all with in-unit laundry. Bring your ideas; architectural plans already done and permits already pulled. Next step is yours to take with the construction and building the interior of the masterpiece for maximum rents. Also, the lot is fully fenced for the privacy of the building once it is renovated!... Please schedule your private showings today; this will simply NOT last LONG!

Location

Listing Agent

  1. Vadie Reese

    Listing Agent

    Compass

    vadie.reese@compass.com

    P: (312) 560-0208

Building Information for 3550 West 13th Place

Stories-Residences-Year Built1920Building Size-Lot Size-

Payment Calculator

$1,022 per month

30 year fixed, 3.51% Interest

Principal and Interest

$665

Property Taxes

$357

HOA Dues

$0

Similar Homes

Property Information for 3550 West 13th Place

Interior Features
    Basement Information
  • Basement Description: Unfinished, Exterior Access
Property/Lot Information
    General Information
  • Property Type: Multi Family 5+
  • Multi-Family Type: Corridor-Exterior Entrance
    Parking Information
  • Outdoor Parking: None On Site
    Structure Information
  • Exterior Building Type: Brick, Stone
  • Num Of Units: 6
  • Approx Total Bldg Sq Ft: 6219
  • Approx Year Built: 1920
  • Approximate Age: Older, New Rehab
  • Built Before 1978: Yes
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Lot Sq Ft: 3874
  • Owners Association?: No
  • Roof Coverings: Rubber
  • Roof Structure: Flat
    Location Information
  • Directions: WEST ON ROOSEVELT TO ST LOUIS, SOUTH ON ST LOUIS TO 13TH PLACE, WEST ON 13TH TO 3548
    Lot Information
  • Acreage: 0
  • Foundation: Brick
  • Lot Dimensions: 26X149
  • Zoning Type: MULTI
Lot/Land Information
    Lot/Land Information
  • Construction: Brick, Stone
  • Current Use: Residential-Multi-Family
  • Frontage Access: City Street
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks
  • Ownership Type: Individual
  • Potential Use: Condominium, Residential-Multi-Family
  • Seller Needs: Cash
  • Tenant Pays: Electric, Heat
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
Multi-Unit 2-4 Information
    Unit 1 Information
  • Num Of Bdrms: 2
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 6
  • Num Of Units: 3
  • Monthly Income: 1050
  • Monthly Income Max: $1,050
    Unit 2 Information
  • Num Of Bdrms: 2
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 6
  • Num Of Units: 3
  • Monthly Income: 1050
  • Monthly Income Max: $1,050
    Unit 3 Information
  • Num Of Bdrms: 2
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 6
  • Num Of Units: 3
  • Monthly Income: 1050
  • Monthly Income Max: $1,050
    Unit 4 Information
  • Num Of Bdrms: 3
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 7
  • Num Of Units: 3
  • Monthly Income: 1350
  • Monthly Income Max: $1,350
Multi-Unit 5+ Information
    Building Features
  • Num Of Dishwashers: 0
  • Num Of Disposals: 0
  • Num Of Dryers: 0
  • Num Of Fireplaces: 0
  • Num Of Ranges: 0
  • Num Of Refrigs: 0
  • Num Of Washers: 0
  • Num Of Window/AC: 0
  • Electrical Service: Circuit Breakers, Separate Meters, 101-200 Amps
  • Heat Ventilation: Forced Air, Gas, Separate Per Unit
  • Misc Outside: Storms and Screens (as exist)
  • Washer/Dryer Leased: Yes
    Unit 5 Information
  • Num Of Bdrms: 3
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 7
  • Num Of Units: 3
  • Monthly Income: 1350
  • Monthly Income Max: $1,350
    Unit 6 Information
  • Num Of Bdrms: 3
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 7
  • Num Of Units: 3
  • Monthly Income: 1350
  • Monthly Income Max: $1,350
    Unit 7 Information
  • Num Of Bdrms: 0
  • Num Of Full Bthrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Income / Expense Information
  • Cap Rate Percent: 0
  • Electric Expense Source: Owner Projection
  • Electricity Expense: 380
  • Expense Year: 2009
  • Fuel Expense: 300
  • Fuel Expense Source: Owner Projection
  • Gross Rent Multiplier: 6
  • Gross Rental Income: 59856
  • Insurance Expense Source: Actual
  • Janitor Expense Source: Owner Projection
  • Net Operating Income: 47462
  • Net Operating Income Year: 2009
  • Other Expense Source: Owner Projection
  • Other Expenses: 740
  • Repairs Decor Expense: 2500
  • Repairs Decor Expense Source: Owner Projection
  • Scavenger Expense: 0
  • Scavenger Expense Source: Actual
  • Total Annual Expenses: 12970
  • Total Annual Income: 60432
  • Total Monthly Income: 4988
  • Water Expense: 1950
  • Water Expense Source: Actual

Property History for 3550 West 13th Place

DateEvent & SourcePriceAppreciation
Jan 14, 2020Listed (Active)

MRED #10610489

$185,000
Feb 12, 2019Cancelled

MRED #10124846

Oct 29, 2018Listed (Active)

MRED #10124846

$140,000
DateEvent & SourcePrice
01/14/2020
Listed (Active)

MRED #10610489

$185,000
02/12/2019
Cancelled

MRED #10124846

10/29/2018
Listed (Active)

MRED #10124846

$140,000

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

Public Records for 3550 West 13th Place

Taxable ValueLand$4,067Additions$14,910Total$18,977
Tax Record2017$4,099
Home Facts
Baths6Finished Sq.Ft.6,219 SqFtStories3Lot Size3,874 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyCOOKAPN16232020210000

Schools near 3550 West 13th Place

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Lawndale Elementary Community AcademyPublicPK-80.1 mi
2
Frazier Prep Academy Charter Elementary SchoolCharterPK-80.2 mi
1
LEARN Romano ButlerCharterK-80.3 mi
4
Holy Family SchoolPrivatePK-80.4 mi
NR

Lawndale Elementary Community Academy

PK-8, 0.1 mi, Public

2

Frazier Prep Academy Charter Elementary School

PK-8, 0.2 mi, Charter

1

LEARN Romano Butler

K-8, 0.3 mi, Charter

4

Holy Family School

PK-8, 0.4 mi, Private

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.

3550 West 13th Place is a multi-family home for sale in Chicago, IL 60623. This property was listed for sale on January 14, 2020 by Compass at $185,000. It has been on the market for a total of 13 days and was last sold on September 26, 2007. Nearby schools include Jackson A Elementary Language Academy, Vaughn Occupational High School and Bronzeville Scholastic High School. 3550 West 13th Place is a 0-bed, 0-bath, multi-family home built in 1920.

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