7056-58 South Parnell Avenue

7056-58 S Parnell Ave Chicago, IL 60621

$399,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully occupied 6 unit totally REHABBED in 2019,all units with individual heating, located near public transportation, churches, schools, and more. all tenants have leases that expire in 2021.

Property Details for 7056-58 South Parnell Avenue

Area
CHI - Englewood
Township
Lake

Property Details for 7056-58 South Parnell Avenue

StatusActive
MLS #10941201
Days on Market58
Taxes$5,779 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1902
Lot Size-
CountyCook County

Listing Agent

Dorothy Turner

Ellen Turner REALTORS, Inc.

eturnerrealtors@sbcglobal.net

P: (773) 776-4044

M: (773) 230-0626

Contact Agent(s)

Location

Listing Courtesy of Ellen Turner REALTORS, Inc.

Building Information for 7056-58 South Parnell Avenue

Stories-Residences-Year Built1902Building Size-Lot Size-

Payment Calculator

$1,819 per month

30 year fixed, 2.95% Interest

Principal and Interest

$1,337

Property Taxes

$482

HOA Dues

$0

Similar Homes

Property Information for 7056-58 South Parnell Avenue

Property Information
    Utilities / Equipment
  • Utilities To Site: Sanitary Sewer to Site, Water to Site
    Property/Lot Information
  • Owners Association?: No
  • Tenant Pays: Heat
  • Year Built: 1902
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Property Type: Multi Family 5+
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Size Source: Other
  • Lot Dimensions: 50 X 125
  • Zoning Type: MULTI
  • Lot Sq Ft: 6250
  • Num Of Units: 6
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Foundation: Concrete
    Miscellaneous
  • Current Use: Residential-Multi-Family
  • Frontage Access: City Street
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Location: Corner
  • Potential Use: Residential-Multi-Family
    Virtual Tour/Additional Media
  • Virtual Tour YN: false
Room Information
    Basement Information
  • Basement Description: Unfinished, Exterior Access
    Additional Room #10 Information
  • Building Unit Info: Smoke/Alarm Detector
Multi-Unit 2-4 Information
    Unit 1 Information
  • Num Of Bdrms: 3
  • Num Of Full Bthrms: 2
  • Num Of Rooms: 5
  • Num Of Units: 3
  • Monthly Income: 885
  • Monthly Income Max: $885
    Unit 2 Information
  • Num Of Bdrms: 4
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 6
  • Num Of Units: 4
  • Monthly Income: 1000
  • Monthly Income Max: $1,000
    Unit 3 Information
  • Num Of Bdrms: 0
  • Num Of Full Bthrms: 1
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Unit 4 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
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, 440 Volts
  • Heat Ventilation: Forced Air, Separate Per Unit, Individual Furnaces
  • Misc Inside: Inside Corridor/s
  • Misc Outside: Fire Escape
  • Washer/Dryer Leased: No
    Unit 5 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Unit 6 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Unit 7 Information
  • Num Of Bdrms: 0
  • Num Of Rooms: 0
  • Num Of Units: 0
  • Monthly Income: 0
    Income / Expense Information
  • Cap Rate Percent: 1
  • Electric Expense Source: Owner Projection
  • Electricity Expense: 1500
  • Expense Year: 2019
  • Fuel Expense: 0
  • Fuel Expense Source: Actual
  • Gross Rent Multiplier: 7
  • Gross Rental Income: 66000
  • Insurance Expense Source: Owner Projection
  • Janitor Expense Source: Owner Projection
  • Net Operating Income: 48541
  • Net Operating Income Year: 2019
  • Other Expense Source: Owner Projection
  • Other Expenses: 0
  • Repairs Decor Expense: 2000
  • Repairs Decor Expense Source: Owner Projection
  • Scavenger Expense: 2160
  • Scavenger Expense Source: Owner Projection
  • Total Annual Expenses: 17739
  • Total Annual Income: 66000
  • Total Monthly Income: 5505
  • Water Expense: 5400
  • Water Expense Source: Owner Projection

Property History for 7056-58 S Parnell Ave

DateEvent & SourcePriceAppreciation
Jan 5, 2021

Price Change

MRED #10941201

$399,000
Nov 24, 2020

Listed (Active)

MRED #10941201

$430,000
Oct 31, 2019

Expired

MRED #09937487

DateEvent & SourcePrice
01/05/2021

Price Change

MRED #10941201

$399,000
11/24/2020

Listed (Active)

MRED #10941201

$430,000
10/31/2019

Expired

MRED #09937487

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

Schools near 7056-58 South Parnell Avenue


SchoolTypeGradesDistanceRating
Dr. Martin Luther King, Jr. Academy of Social JusticePublicPK-80.1 mi
3
Robeson High SchoolPublic9-120.4 mi
NR
MAGIC JOHNSON-NTH LAWNDALE HSPublic9-120.4 mi
NR
EXCEL ACADEMY - ENGLEWOOD HSPublic9-120.5 mi
NR

Dr. Martin Luther King, Jr. Academy of Social Justice

PK-8, 0.1 mi, Public

3

Robeson High School

9-12, 0.4 mi, Public

NR

MAGIC JOHNSON-NTH LAWNDALE HS

9-12, 0.4 mi, Public

NR

EXCEL ACADEMY - ENGLEWOOD HS

9-12, 0.5 mi, Public

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.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

7056-58 South Parnell Avenue is a multi-family home for sale in Chicago, IL 60621. This property was listed for sale on November 24, 2020 by Ellen Turner REALTORS, Inc. at $399,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Jackson A Elementary Language Academy, Vaughn Occupational High School and Bronzeville Scholastic High School. 7056-58 South Parnell Avenue is a 0-bed, 0-bath, multi-family home built in 1902. This address can also be written as 7056-58 S Parnell Ave.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ellen Turner REALTORS, Inc.

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