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4202 S Western Avenue, Chicago, IL 60609
$400,000
4202 S Western Avenue, Chicago, IL 60609View this property at 4202 S Western Avenue, Chicago, IL 60609
4202 S Western AvenueChicagoIL60609
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Property Description
Check out this solid brick building in the busy South Western Avenue area of Chicago. It's a great investment with a shop on the ground floor that catches lots of foot traffic. There's also a cozy studio apartment that's been updated for comfort. Upstairs, you'll find Single Room Occupancy (SRO) units that are all set according to city rules, making it a safe bet for you and a reliable place for tenants. These SRO units are almost full, bringing in $2,405 a month. Plus, the studio and the shop each add $900 a month to your earnings. ($4205/m Total) This property is in a neighborhood that's getting more valuable, so it's not just a buy; it's a smart move for growing your investment. With a strong income stream, it stands out as a great choice for anyone looking to invest in a growing area. Come see why this property could be a key part of your investment future. Book your visit today!
Full Property Details
Full Property Details for 4202 S Western Ave
General
- Price: $400,000
- Taxes: $3,238 (2021)
- Status: Active
- Type: Store
- MLS ID: 12013790
- Updated: 4/3/2024
- Added to Site: 32 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Carbon Monoxide Detector(s)
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - Brighton Park
- County: Cook
- Township: South Chicago
- Driving Directions: Take Western Avenue South to the property, store front entrance.
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Utilities
- Trash: 1200
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1918
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,921
- Lot Dimensions: 25 x 125
Financial Considerations
- Lease Price: $4
- Insurance Fee: $2,400
- Operating Expenses: $13,072
- Other Fee: $300
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1918
- Tax Amount: $3,238
- Tax Year: 2021
- Pays Electric: 1800
- Pays Trash: 1200
Disclosures and Reports
- Property ID: 19012230270000
Listed by First Midwest Realty LLC
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Schools
Schools serving 4202 S Western Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4250 S Rockwell St, Chicago, IL 60632 | PK-4 | 0.3 mi | |
2611 W 48th St, Chicago, IL 60632 | 5-8 | 0.8 mi | |
4136 S California Ave, Chicago, IL 60632 | 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 4202 S Western Ave
Date
Details
Price
Change
Source
3/28/2024
Price Reduced
$400,000
-5.88%
MLS
3/26/2024
Listed
$425,000
312.62%
MLS
3/20/2013
Sold
$103,000
—
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 4202 S Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,890
2%
$14,049
—
2021
$2,825
-9%
$14,049
1%
2020
$3,088
-5%
$13,861
-14%
2019
$3,238
2%
$16,118
—
2018
$3,184
-14%
$16,118
-6%
2017
$3,704
7%
$17,205
—
2016
$3,446
9%
$17,205
—
2015
$3,153
7%
$17,205
8%
2014
$2,953
2%
$15,915
—
2013
$2,895
1%
$15,915
—
2012
$2,856
—
$15,915
—
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 4202 S Western Ave
4202 S Western Avenue, Chicago, IL 60609 (MLS# 12013790) is a Store property. 4202 S Western Avenue is currently listed for $400,000 and was received on March 26, 2024. Want to learn more about 4202 S Western Avenue? Do you have questions about finding other Store real estate for sale in Brighton Park? You can browse all Brighton Park real estate or contact a Coldwell Banker agent to request more information.