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2847 W Washington Boulevard, Chicago, IL 60612
$1,740,000
2847 W Washington Boulevard, Chicago, IL 60612View this property at 2847 W Washington Boulevard, Chicago, IL 60612
2847 W Washington BoulevardChicagoIL60612
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Property Description
This single room occupancy hotel in the East Garfield Park neighborhood features 58 rentable units, some of which have en suite bathrooms. The New Parie Hotel historically has had a high occupancy rate, benefiting from close proximity to several major transportation routes as well as a number of employers. The hotel includes a SRO II license.
Full Property Details
Full Property Details for 2847 W Washington Blvd
General
- Price: $1,740,000
- Taxes: $50,856 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11987131
- Updated: 2/28/2024
- Added to Site: 69 day(s) ago
Location
- Area: CHI - East Garfield Park
- County: Cook
- Driving Directions: California to Washington Blvd, west to 2847
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 4
- Square Feet: 8,000
- Year Built: 1927
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 5,350
- Lot Dimensions: 50' x 107'
- Potential Use: Commercial
- Zoning: OTHER
Financial Considerations
- Assessment Year: 1927
- Tax Amount: $50,856
- Tax Year: 2022
- Tenant Pays: None
Disclosures and Reports
- Property ID: 16123270040000
Listed by Millennium Properties RE, Inc.
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Schools
Schools serving 2847 W Washington Blvd
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2908 W Washington Blvd, Chicago, IL 60612 | PK-8 | 0.1 mi | |
3250 W Adams St, Chicago, IL 60624 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2847 W Washington Blvd
Date
Details
Price
Change
Source
2/22/2024
Listed
$1,740,000
278.26%
MLS
4/17/2003
Sold
$460,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2847 W Washington Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$50,856
28%
$246,415
25%
2021
$39,748
-7%
$197,015
3%
2020
$42,599
12%
$190,590
1%
2019
$38,050
-24%
$188,754
-25%
2018
$49,766
39%
$251,122
52%
2017
$35,691
-13%
$165,228
-19%
2016
$40,879
58%
$204,100
44%
2015
$25,884
-25%
$141,250
-24%
2014
$34,576
2%
$186,353
—
2013
$33,893
1%
$186,353
—
2012
$33,440
—
$186,353
—
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 2847 W Washington Blvd
2847 W Washington Boulevard, Chicago, IL 60612 (MLS# 11987131) is a Commercial property. 2847 W Washington Boulevard is currently listed for $1,740,000 and was received on February 22, 2024. Want to learn more about 2847 W Washington Boulevard? Do you have questions about finding other Commercial real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.