3801 South Giles Avenue

Chicago, IL 60653

$529,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention investors & developers! Opportunity knocks on this handsome brick 3 Flat perfectly situated on a corner lot in hot Bronzeville. RM-5 ZONING offers great value-add potential! Fantastic opportunity for a condo de- conversion or keep as income-producing multi-unit building. Three legal units plus one non-conforming garden unit, tenant occupied. Month to month leases below current market value. Brand new rear porch with large decks provides great outdoor space. Two car garage. Near Mariano's...Attention investors & developers! Opportunity knocks on this handsome brick 3 Flat perfectly situated on a corner lot in hot Bronzeville. RM-5 ZONING offers great value-add potential! Fantastic opportunity for a condo de- conversion or keep as income-producing multi-unit building. Three legal units plus one non-conforming garden unit, tenant occupied. Month to month leases below current market value. Brand new rear porch with large decks provides great outdoor space. Two car garage. Near Mariano's & Lake Meadows Shopping Center, close to IIT, Lake Shore Drive, Guaranteed Rate Field, Washington Park, the University of Chicago, Museum of Science and Industry Chicago, McCormick Place, and Arie Crown Theatre. Unit mix consists of two-2BD/1BA, one-1BD/1BA, plus a non-conforming 1BD/1BA Garden Unit. Gross Rental income: $40,200

Listing Agents

  1. Eva Knapp

    Eva Knapp

    Listing Agent

    Compass

    eva.knapp@compass.com

    P: 312.391.7726

  2. Eva Knapp

    Eva Knapp

    Alternative Listing Agent

    Compass

    eva.knapp@compass.com

    P: 312.391.7726

Property Details for 3801 South Giles Avenue

Area
CHI - Douglas

Location

Add your commute
LISTING UPDATED: 04/16/2024 04:46 PM

Property Details for 3801 South Giles Avenue

StatusActive ( Private )
MLS #11965166
Days on Market-
Taxes$6,602 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units
Year Built1890
Lot Size0.05 AC / 2,178 SF
CountyCook County

Location

Add your commute

Building Information for 3801 South Giles Avenue

Stories-Residences-Year Built1890Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$3,437 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,887

Property Taxes

$550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3801 South Giles Avenue

Summary
Location and General Information
  • North Coordinate: 0
  • South Coordinate: 3801
  • East Coordinate: 300
  • West Coordinate: 0
  • Street Number Numeric: 3801
  • Directions: STATE ST. OR 90/94 TO 35 ST. EAST TO GILES, THEN SOUTH TO PROPERTY.(CORNER OF GILES & 38 ST.)
  • State Or Province: IL
  • General Information: None
  • County Or Parish: Cook
  • Zip Code: 60653
  • Waterfront: No
  • Township: South Chicago
Taxes and HOA Information
  • Taxes: $6,602.39
  • Tax Year: 2022
  • Parcel Number: 17343260010000
School Information
  • Elementary School District: 299
  • Middle Or Junior School District: 299
  • High School District: 299
Parking
  • Num Of Garage Spaces: 2.0
  • Garage On Site: Yes
  • Parking Type: Garage
  • Garage Type: Detached
  • Parking Included in Price: Yes
  • Parking Spaces Total: 2
Virtual Tour
  • Virtual Tour: None
Rental Information
Rent Information
  • Rehabilitated: No
Property
Lot Information
  • Lot Size Dimensions: 26X94
  • 3 Br Un In Bldg: No
  • Lot Size: Less Than .25 Acre
  • Rebuilt: No
  • Special Service Area: N
  • Zoning: MULTI
  • Lot Size Acres: 0.05
Property and Assessments
  • Property Type: Two to Four Units
  • Type-Multi: 3 Flat
  • Year Built: 1890
  • Age: 100+ Years
  • New Construction YN: No
  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Built Before 1978: Yes
  • Corporate Limits: Chicago
  • New Construction YN: No
  • Special Assessments: U
  • Possession: Tenant's Rights
  • Property Type: Residential Income
  • OpenHouse Count: 0
Utilities
  • Sewer: Public Sewer
  • Water: Lake Michigan, Public
Interior and Exterior Features
Exterior Features
  • Exterior Building Type: Brick
  • Exterior Property Features: Porch
Interior Features
  • Num of Baths: 4
  • Basement Description: Partially Finished
  • Heat/Fuel: Steam
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Basement: Full
  • Bedrooms Possible: 5
  • Bedrooms (Below Grade): 0
  • Rooms Total: 11
  • Beds Total: 5
Multi Family
Multi Family Information
  • Total # Units in Building: 3
Income & Expenses
  • Holds Earnest Money: Yes

Property History for 3801 South Giles Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3801 South Giles Avenue

Taxable ValueLand$7,889Additions$24,111Total$32,000
Tax Record2022$6,602 ($550 / month)
Home Facts
Baths3Total Finished SqFt3,074 SqFtAbove Grade Finished SqFt3,074 SqFtStories3Lot Size2,254 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN17-34-326-001

Schools near 3801 South Giles Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 7 to 12
Public - 9 to 12
Rating
School
Distance
Wells Preparatory Elementary Academy
PublicPK to 8

Phillips Academy High School
Public9 to 12

Perspectives Chtr - IIT Campus
Charter7 to 12

Chicago Military Academy High School
Public9 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.

Neighborhood Map and Transit

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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.

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.