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$575,000 Just Listed
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Property Description
All Brick, corner, 6-unit apartment building featuring two 3-bed/1-bath units and four 2-bed/1-bath units. Many updates throughout. All six units have been modernized in the last five years. The building has a new roof and partial parapet rebuild. Individual furnaces, tenants pay their own gas and electric. Pro-forma rents of $90,000/year and low overall expenses generate $69,883 NOI ~ which translates to a 12.2 CAP rate. Coin-operated laundry in basement. Several new furnaces. Contact Broker for more details. Agent Owned.
Full Property Details
Full Property Details for 1838 W 65th St
General
- Price: $575,000
- Taxes: $5,424 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12634697
Interior
- Basement: Unfinished
Location
- Area: CHI - West Englewood
- County: Cook
- Driving Directions: Ashland to 65th, West to Property
Heating & Cooling
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Trash: 3424
- Onsite: Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 4,514
- Lot Dimensions: 36.7 x 123
- Frontage: City Street, Alley Access
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $5,625
- Operating Expenses: $20,117
- Other Fee: $1,080
- Assessment Year: 1922
- Tax Amount: $5,424.56
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Pays Electric: 640
- Pays Trash: 3424
Disclosures and Reports
- Property ID: 20192100400000
Listed by Keller Williams ONEChicago
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Schools
Schools serving 1838 W 65th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otoole Elementary School 6550 South Seeley Avenue, Chicago, IL 60636 | PK-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1838 W 65th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,532
3%
$11,999
—
2022
$2,468
2%
$11,999
—
2021
$2,413
-6%
$11,999
4%
2020
$2,568
-4%
$11,528
-13%
2019
$2,662
2%
$13,251
—
2018
$2,618
-43%
$13,251
-38%
2017
$4,606
7%
$21,398
—
2016
$4,286
9%
$21,398
—
2015
$3,921
4%
$21,398
5%
2014
$3,781
2%
$20,380
—
2013
$3,707
1%
$20,380
—
2012
$3,657
—
$20,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1838 W 65th St
1838 W 65th Street, Chicago, IL 60636 (MLS# 12634697) is a Commercial property. 1838 W 65th Street is currently listed for $575,000 and was received on May 08, 2026. Want to learn more about 1838 W 65th Street? Do you have questions about finding other Commercial real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

