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3616 W 55th Street, Chicago, IL 60632
$529,000 Sale Pending
3616 W 55th Street, Chicago, IL 60632View this property at 3616 W 55th Street, Chicago, IL 60632
3616 W 55th StreetChicagoIL60632
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Property Description
Great investment opportunity awaits! A total of 6 units featuring a 3 units of two bedrooms and bath, and 3 units with 1 bedroom and bath. Laundry room. Parking for 5 cars. Tenants pay their heat and electric. Owner pays for water, garbage and electric for the stairways. Great location. Close to many schools, park, shopping, Orange Line and Midway Air Port. Property needs work, but is in good shape. Sold "AS IS".
Full Property Details
Full Property Details for 3616 W 55th St
General
- Price: $529,000
- HOA FEE: $1,000
- Taxes: $3,723 (2022)
- Status: Pending
- Type: Commercial
- MLS ID: 12047880
- Updated: 5/10/2024
- Added to Site: 13 day(s) ago
Location
- Area: CHI - West Elsdon
- County: Cook
- Township: Lake
- Driving Directions: 55th Str. East or West to property.
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Electric
Utilities
- Trash: 2000
Structural Information
- Stories/Levels: 3
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Dimensions: 3125
Financial Considerations
- Maint. Fee: $1,000
- Insurance Fee: $3,130
- Assessment Year: 1977
- Tax Amount: $3,723
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 500
- Pays Trash: 2000
Disclosures and Reports
- Property ID: 19113330270000
Listed by Polmex Realty Inc.
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Schools
Schools serving 3616 W 55th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5534 S Saint Louis Ave, Chicago, IL 60629 | PK-5 | 0.1 mi | |
3510 W 55th St, Chicago, IL 60632 | 6-8 | 0.1 mi | |
5400 S Saint Louis Ave, Chicago, IL 60632 | 9-12 | 0.2 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 3616 W 55th St
Date
Details
Price
Change
Source
5/05/2024
Listed
$529,000
—
MLS
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 3616 W 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,723
3%
$18,000
—
2021
$3,620
22%
$18,000
36%
2020
$2,973
-5%
$13,259
-14%
2019
$3,117
2%
$15,418
—
2018
$3,065
-18%
$15,418
-18%
2017
$3,733
5%
$18,916
—
2016
$3,562
10%
$18,916
—
2015
$3,249
16%
$18,916
17%
2014
$2,789
2%
$16,202
—
2013
$2,729
7%
$16,202
—
2012
$2,544
—
$16,202
—
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 3616 W 55th St
3616 W 55th Street, Chicago, IL 60632 (MLS# 12047880) is a Commercial property. 3616 W 55th Street is currently listed for $529,000 and was received on May 05, 2024. Want to learn more about 3616 W 55th Street? Do you have questions about finding other Commercial real estate for sale in West Elsdon? You can browse all West Elsdon real estate or contact a Coldwell Banker agent to request more information.