7805 South Saginaw Avenue

Chicago, IL 60649

$450,000
Last Sold Price
15
Beds
9
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Legal 6 flat in southshore. 5 apartments are rented. Turn arounds have been completed. No work to do! New appliances. 3 apartments are 3 bedroom / 2 full bath 3 apartements on the north side of the building are 2 bedroom 1 bath. Large open floor plan. 4 car garage. Long term tenants. Newer roof. New laundry room with 4 new speed queen washers / dryers. Great investment! Professionally managed by the listing office for the past 8 years! The owner also has another two building for sale, mls #11342281...Legal 6 flat in southshore. 5 apartments are rented. Turn arounds have been completed. No work to do! New appliances. 3 apartments are 3 bedroom / 2 full bath 3 apartements on the north side of the building are 2 bedroom 1 bath. Large open floor plan. 4 car garage. Long term tenants. Newer roof. New laundry room with 4 new speed queen washers / dryers. Great investment! Professionally managed by the listing office for the past 8 years! The owner also has another two building for sale, mls #11342281 and mls #11342279. Can be sold as an investor package deal.
  1. Listed by Frank Herrera • In Business Real Estate

Sold By Real People Realty

Property Details for 7805 South Saginaw Avenue

Area
CHI - South Shore
Township
Hyde Park
Num Of Parking Spaces
4.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 06/20/2022 12:19 PM

Property Details for 7805 South Saginaw Avenue

StatusClosed
MLS #11316747
Days on Market86
Taxes$3,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1910
Lot Size0.17 AC / 7,314 SF
CountyCook County

Location

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Building Information for 7805 South Saginaw Avenue

Stories-Residences6Year Built1910Building Size-Lot Size0.17 AC / 7,314 SF

Payment Calculator

$2,779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$323

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7805 South Saginaw Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
  • Postal Code Plus 4: 0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Description: Exterior Access
  • Heat/Ventilation: Gas
  • Num of Baths: 9.0
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older,New Rehab
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 46X159
  • Lot Size Square Feet: 0.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 22
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $454.00
  • Fuel Expense: $4,358.00
  • Gross Income: $4,925.00
  • Gross Scheduled Income: $59,100.00
  • Insurance Expense: $2,106.00
  • Maintenance Expense: $.00
  • Manager Expense: $5,400.00
  • Electric Expense Source: Actual
  • Expense Year: 2020
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Net Operating Income Year: 2020
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 2475
  • Water Expense Source: Owner Projection
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $2,044.00
  • Water Sewer Expense: $2,520.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7805 South Saginaw Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7805 South Saginaw 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 - 4 to 12
Rating
School
Distance
Excel Academy - Woodlawn HS
Public9 to 12

CAMELOT SAFE ACADEMY SCHOOL
Public4 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 In Business 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. Based on information submitted to the MLS GRID as of 06/20/2022 12:19 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.