4801 South Hoyne Avenue

Chicago, IL 60609

$337,500
Last Sold Price
10
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Six unit building, with six gas & electric meters, and a two car garage. The building consists of the following: 4801 S. Hoyne Unit 1, a 2 bed/ 1 bath, renting for $450 a month. 4801 S. Hoyne Unit 2 , a 2 bed/ 1 bath, renting for $500 a month. 2053 W. 48th Unit 1, a 1 bed, 1 bath, renting for $450 a month. 2051 W. 48th Unit 2M, a junior 1 bed, 1 bath, renting for $325 a month. 2051 W. 48th Unit 1R, a 2 bed, 1 bath, renting for $595 a month including two garage spaces. 2051 W. 48th Unit 2R, a 2 bed,...Six unit building, with six gas & electric meters, and a two car garage. The building consists of the following: 4801 S. Hoyne Unit 1, a 2 bed/ 1 bath, renting for $450 a month. 4801 S. Hoyne Unit 2 , a 2 bed/ 1 bath, renting for $500 a month. 2053 W. 48th Unit 1, a 1 bed, 1 bath, renting for $450 a month. 2051 W. 48th Unit 2M, a junior 1 bed, 1 bath, renting for $325 a month. 2051 W. 48th Unit 1R, a 2 bed, 1 bath, renting for $595 a month including two garage spaces. 2051 W. 48th Unit 2R, a 2 bed, 1 bath renting for $500 a month. All of the units are on month-to-month leases. The building's roof is only 2 years old. The siding is about 20 years old, but in great condition. The seller does not know the age of the windows. There are three water heaters: 2002, 1993 & 1998. The basement is half unfinished and half a crawl space, with the option to build down. The attic previously had a washer/dryer hookup, but it has since been removed and is currently being used for storage. The attic's vaulted ceiling makes for more great space to expand the property. The 2021 gas expenses came out to $1,034.51. The 2021 water/trash/sewer expenses were $2,625.16. The insurance is approximately $3,000 a year. The garage slab has a few cracks but is still in great working condition. The property is being sold AS-IS. Please allow for 48 hours notice for showings.
  1. Listed by Courtney Kennedy • @properties Christie's International Real Estate

Sold By Adonis Realty LLC

Property Details for 4801 South Hoyne Avenue

Area
CHI - New City
Num Of Parking Spaces
2.0

Location

Add your commute
LISTING UPDATED: 07/09/2022 03:01 AM

Property Details for 4801 South Hoyne Avenue

StatusClosed
MLS #11391080
Days on Market64
Taxes$2,470 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Condo/Townhouse
Year Built1895
Lot Size0.07 AC / 2,920 SF
CountyCook County

Location

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Building Information for 4801 South Hoyne Avenue

Stories-Residences6Year Built1895Building Size-Lot Size0.07 AC / 2,920 SF

Payment Calculator

$2,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,842

Property Taxes

$206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4801 South Hoyne Avenue

General Information
Addtl Parking Information
  • Indoor Parking: Detached
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 0
  • Basement Description: Unfinished, Crawl
  • Heat/Ventilation: Forced Air,Gas,Wall Unit
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • Num of Baths: 0.0
Exterior Features
  • Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Condo/Townhouse
  • Lot Dimensions: 2920
  • Stories: 3
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Roof Type: Composition
  • Roof Structure: Pitched,Wood Joists
  • Foundation Details: Concrete Perimeter
  • Lot Size Source: County Records
  • # Of Ranges: 6
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 2
  • Document Date: 2022-04-28T18:04:09
  • Photos Count: 42
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 05-02-2022
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $1,034.00
  • Gross Income: $33,840.00
  • Gross Scheduled Income: $33,840.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 2820
  • Net Operating Income: $27,710.00
  • Operating Expense: $3,659.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,625.00
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 4
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 4801 South Hoyne 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 4801 South Hoyne Avenue

Taxable ValueLand$2,336Additions$9,664Total$12,000
Tax Record2022$2,482 ($207 / month)
Home Facts
Baths4Total Finished SqFt4,140 SqFtAbove Grade Finished SqFt4,140 SqFtStories2Lot Size2,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN20-07-110-001

Schools near 4801 South Hoyne Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Hedges Elementary School
PublicPK to 8

Richards Career Academy High School
Public9 to 12

BACK OF THE YARDS IB HS
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.

Similar 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 @properties Christie's International Real Estate

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.