7825 South Loomis Boulevard

Chicago, IL 60620

$365,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Cash flow opportunity! This fully occupied, stunning brick MODERN Multi-Family Home offers a rare investment opportunity with two spacious units, meticulously renovated in 2019. The developer spared no expense, ensuring top-quality finishes throughout. Each unit features custom kitchens with sleek 42-inch white cabinetry and quartz countertops, making for a clean and contemporary feel. The brand-new bathrooms boast modern vanities, lighting, faucets, mirrors, and fixtures, offering a luxurious touch....Cash flow opportunity! This fully occupied, stunning brick MODERN Multi-Family Home offers a rare investment opportunity with two spacious units, meticulously renovated in 2019. The developer spared no expense, ensuring top-quality finishes throughout. Each unit features custom kitchens with sleek 42-inch white cabinetry and quartz countertops, making for a clean and contemporary feel. The brand-new bathrooms boast modern vanities, lighting, faucets, mirrors, and fixtures, offering a luxurious touch. Other upgrades include separate forced air heating, updated electrical systems, and new windows, ensuring energy efficiency and comfort for years to come. The property shines with new flooring, doors, and trim, all complemented by modern, stylish paint colors throughout. Outside, you'll find a 2-car garage, providing additional convenience and value. Whether you're a savvy owner-occupant looking to live in one unit while renting out the other, or an investor aiming to rent both units, this property offers incredible flexibility and income potential. Plus, the high-ceiling basement provides the perfect opportunity to expand and build out additional living or rental space. This is your chance to invest in a turnkey, high-quality asset with fantastic cash flow potential! Don't miss out!
  1. Listed by LeRoi Catlin • Coldwell Banker Realty

Property Details for 7825 South Loomis Boulevard

Area
CHI - Auburn Gresham
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
4.0
Parking Included in Price
Yes
Heat/Fuel
Forced Air
Architectural Style
Other
LISTING UPDATED: 10/26/2024 10:23 AM

Property Details for 7825 South Loomis Boulevard

StatusActive
MLS #12146847
Days on Market87
Taxes$3,587 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Story Unit/S
Year Built1914
Lot Size0.13 AC / 5,662 SF
CountyCook County

Building Information for 7825 South Loomis Boulevard

Stories-Residences2Year Built1914Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 7825 South Loomis Boulevard

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Unassigned
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved, Other
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2019
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 7800
  • East Coordinate: 0
  • West Coordinate: 1400
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 16
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $35,318.00
  • Net Operating Income: $29,157.00
Unit 1
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 9/24
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 7/25

Property History for 7825 South Loomis Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7825 South Loomis Boulevard

Taxable ValueLand$3,790Additions$13,209Total$16,999
Tax Record2022$3,496 ($291 / month)
Home Facts
Baths2Total Finished SqFt2,132 SqFtAbove Grade Finished SqFt2,132 SqFtStories2Lot Size5,832 SqFtStyleMulti-Family Res (5+ Units)Year Built1917CountyCOOKAPN20-29-320-008

Schools near 7825 South Loomis Boulevard

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Cook Elementary School
PublicPK to 8

Bogan High School
Public9 to 12

CICS Ralph Ellison
Charter9 to 12

LEARN Chtr - Hunter Perkins Camp
CharterK to 8

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.

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7825 South Loomis Boulevard is a multi-family home for sale in Chicago, IL 60620. This property was listed for sale on October 11, 2024 by Coldwell Banker Realty, it's currently listed at $365,000. It has been on the market for a total of 87 days and was last sold on January 10, 2020. This listing's school district is Chicago Public Schools. Nearby schools include Cook Elementary School, Bogan High School and CICS Ralph Ellison. 7825 South Loomis Boulevard is a 6-bed, 2-bath, multi-family home built in 1914.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

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 10/26/2024 10:23 AM. 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.