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7849 S Escanaba Avenue, Chicago, IL 60617
$5,500,000
7849 S Escanaba Avenue, Chicago, IL 60617View this property at 7849 S Escanaba Avenue, Chicago, IL 60617
7849 S Escanaba AvenueChicagoIL60617
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Property Description
****THIS BUILDING IS PART OF AN REO PORTFOLIO SALE AND INCLUDES 5 BUILDINGS (118 TOTAL UNITS): (1) 8100-8110 S Paulina St, Chicago IL 60620, (2) 8200 S Paulina St, Chicago IL 60620, (3) 8102 S Maryland Ave, Chicago IL 60619, (4) 7157 S Yale Ave, Chicago IL 60621, (5) 7849 S Escanaba Ave, Chicago IL 60617.******/// 7849 S Escanaba Ave is a 24-unit building in Chicago's South-Lakefront South Shore neighborhood. Property is also located in TIF district. This property has a unit mix of six (6) storefronts, twelve (12) one bed/one bath units, three (3) two bed/one bath units, and nine (9) 3 bed/1 bath units. This beautiful masonry building will require moderate renovation. Built in 1930 and boasting 27,000 sq ft of space, 7849 S Escanaba Ave offers a unique opportunity to contribute to the continued enrichment of the South Shore neighborhood.
Full Property Details
Full Property Details for 7849 S Escanaba Ave
General
- Price: $5,500,000
- HOA FEE: $11,000
- Taxes: $6,916 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 12007910
- Updated: 3/25/2024
- Added to Site: 43 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: Head S on Exchange to Escanaba. Slight Turn on to S Escanaba. Property on the NE corner of Escanaba and 79th st.
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Utilities
- Trash: 1800
Structural Information
- Stories/Levels: 4
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 11,484
- Lot Dimensions: 127' x 87'
Financial Considerations
- Maint. Fee: $11,000
- Insurance Fee: $10,000
- Operating Expenses: $59,765
- Security Deposit: Other
- Assessment Year: 1930
- Tax Amount: $6,916.09
- Tax Year: 2021
- Tenant Pays: Electricity
- Pays Electric: 3000
- Pays Trash: 1800
Disclosures and Reports
- Property ID: 21304090070000
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Schools
Schools serving 7849 S Escanaba Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
7736 S Burnham Ave, Chicago, IL 60649 | PK-8 | 0.2 mi | |
2100 E 87th St, Chicago, IL 60617 | 9-12 | 1.4 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 7849 S Escanaba Ave
Date
Details
Price
Change
Source
3/19/2024
Listed
$5,500,000
—
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 7849 S Escanaba Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$6,000
—
2021
$1
-100%
$6,000
-33%
2020
$745
-1%
$8,929
-10%
2019
$753
2%
$9,922
—
2018
$738
-14%
$9,922
-1%
2017
$860
-26%
$10,072
—
2016
$1,160
14%
$10,072
—
2015
$1,022
20%
$10,072
12%
2014
$855
4%
$9,013
—
2013
$819
-49%
$9,013
—
2012
$1,617
—
$9,013
—
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 7849 S Escanaba Ave
7849 S Escanaba Avenue, Chicago, IL 60617 (MLS# 12007910) is a Commercial property. 7849 S Escanaba Avenue is currently listed for $5,500,000 and was received on March 19, 2024. Want to learn more about 7849 S Escanaba Avenue? Do you have questions about finding other Commercial real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.