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716 E 81st Street, Chicago, IL 60619
$700,000
716 E 81st Street, Chicago, IL 60619View this property at 716 E 81st Street, Chicago, IL 60619
716 E 81st StreetChicagoIL60619
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Property Description
HUGE ADD VALUE BY RAISING RENTS! The subject property of 716 E 81st Street is located 11.2 miles south of Chicago's downtown loop area. 1.2 miles east of Chicago Transit Authority (CTA) 79th Street Red Line Train station, .7 miles northwest of the 83rd Street Metra Electric train station, and 500 feet from the CTA"s Cottage grove and 81st Street bus 4 stop. The unit mix for the subject property consists of of six(6) one-bedroom/one-bathroom units that measure 700 SF and six(6) two-bedroom/one-bathroom units that measure 900 SF.
Full Property Details
Full Property Details for 716 E 81st St
General
- Sold For: $700,000
- Taxes: $10,961 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11678705
- Added to Site: 523 day(s) ago
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: 1 block west of Cottage Grove on 81st
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Building Heat, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 7,800
- Current Bldg. Use: Multi-Family
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 12
- Units w/Range/Oven: 12
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,479
- Lot Dimensions: 7479
- Potential Use: Commercial
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $44,957
- Assessment Year: 1925
- Tax Amount: $10,961
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity
Disclosures and Reports
- Property ID: 20342140320000
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Schools
Schools serving 716 E 81st St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8306 S Saint Lawrence Ave, Chicago, IL 60619 | K-8 | 0.4 mi | |
650 E 85th St, Chicago, IL 60619 | PK-6 | 0.5 mi | |
7740 S Ingleside Ave, Chicago, IL 60619 | 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 716 E 81st St
Date
Details
Price
Change
Source
10/03/2023
Sold
$700,000
-2.1%
MLS
4/12/2023
Price Reduced
$715,000
-1.38%
MLS
11/26/2022
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
716 E 81st Street, Chicago, IL 60619 (MLS# 11678705) is a Commercial property that was sold at $700,000 on October 03, 2023. This property was listed by Paul Proano from our McMullen/O'Hare Office.Want to learn more about 716 E 81st Street? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.