Commercial > Multi-family / Apartments
Active
3 weeks ago
List Price
$824,000
1908 48th St
Chicago, IL 60609
- 15Beds
- 6Baths
- 4,869ft²Living Area
- 3,049ft²Lot Size
- -Pool
- 3Car
- 1914Year Built
- 22DOM
- 1Permit
1908 48th St, Chicago, IL 60609 is a 15 bed, 6 bath, 4,869 ft² multi-family/apartments property built in 1914 on a 0.070 acre lot with 1 construction permit. This multi-family/apartments is currently for sale for $824,000, and it was last sold in 2021 for $223,500.
MLS Description
The listing agent's description. Original Listing
Welcome to 1908 West 48th Street, a prime investment opportunity nestled in the vibrant city of Chicago. This expansive property features fifteen bedrooms and seven bathrooms, offering a versatile layout that caters to a variety of living arrangements. Each unit within this property is equipped with separate furnaces, hot water tanks, and electric meters, ensuring convenience and efficiency for both tenants and owners. The property is heated with gas and features a forced air system, providing a cozy atmosphere during the colder months. A full basement offers additional storage space or potential for further development. Recent renovations include a new roof and back porch, enhancing the property's durability and aesthetic appeal. The two-car garage offers secure parking, while the fenced-in yard provides a private outdoor space for relaxation or entertainment. This property is fully rented to reliable tenants, making it a turnkey investment ready to generate income from day one. Whether you're looking to expand your investment portfolio or seeking a property with strong rental potential, 1908 West 48th Street is an opportunity not to be missed. Schedule your showing today and discover the potential of this cash-flowing asset.
Listing Agents
The listing agent for 1908 48th St is Elias Masud.
EM
Elias Masud
Compass
Phone: (773) 466-7150
Permits
1908 48th St has 1 permit records.
Permit History
1
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$3,182.08From latest Total Assessed Value21.21%Total Assessed Value$15,000=Land+
Assessed Value$2,440Additions
Assessed Value$12,560
In 2023, taxes billed for 1908 48th St were $3,182.08, which is 21.21% from latest Total Assessed Value of $15,000.
Property History
1908 48th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1908 48th St
Hazard Risks
Tornado226Wind162Hail151Particulates146Weather112Air Pollution110Ozone108Carb Mono105Nat'l Avg100Lead57Earthquake41Hurricane16
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1908 48th St.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1908 48th St has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
20°F
High
34°F
Summer
Average
Low
62°F
High
81°F
In the winter at 1908 48th St, temperatures range from 19.81°F to 34.1°F with an average of 26.96°F. In the summer, the temperature ranges from 62.37°F to 81.16°F with and average of 71.77°F.
School Information
Public/private schools serving 1908 48th St
Public Schools
Richards Career Academy High School
Grades: 9-12
0.62 mi
F
Hedges Elementary School
Grades: PK-8
0.03 mi
D
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1908 48th St have ratings undefined, and undefined.
Neighborhood
This property is located in Southwest Side, Chicago, IL 60609.
Seasonal Housing units 60609
1%of housing is for seasonal rent.
Daytime Population for 60609
-17%of people during work hours.
Crime Index for 60609
128
128
The crime index in 60609 is 128, which is 1.3 times higher than national average.
Market Trends
Historical market data near 1908 48th St over selected time period.
Nearby Properties on 48th St
- 1418 E 48th St, Chicago, IL 60615 (Kenwood) is a 2,623 square foot, 4 bedroom, 3.25 bathroom, 0.07 acre property. It was built in 1996 and has an estimate of $750,000 with a price per ft² of $286.
- 1422 E 48th St, Chicago, IL 60615 (Kenwood) is a 1,983 square foot, 3 bedroom, 2.25 bathroom, 0.05 acre property. It was built in 1996 and has an estimate of $812,939 with a price per ft² of $410.
- 1412 E 48th St, Chicago, IL 60615 (Kenwood) is a 1,992 square foot, 3 bedroom, 4.25 bathroom, 0.06 acre property. It was built in 1991 and has an estimate of $785,783 with a price per ft² of $394.
- 1019 E 48th St, Chicago, IL 60615 (Kenwood) is a 4,275 square foot, 5 bedroom, 4.25 bathroom, 0.16 acre property. It was built in 1880 and has an estimate of $1,219,206 with a price per ft² of $285.
- 1326 E 48th St, Chicago, IL 60615 (Kenwood) is a 2,362 square foot, 4 bedroom, 2 bathroom, 0.04 acre property. It was built in 1968 and has an estimate of $511,054 with a price per ft² of $216.
- 431 E 48th St #Apt 1, Chicago, IL 60615 (Grand Boulevard) is a 2,012 square foot, 4 bedroom, 2 bathroom, 0.05 acre property. It was built in 1900 and has an estimate of $252,322 with a price per ft² of $125.
- 436 E 48th St, Chicago, IL 60615 (Grand Boulevard) is a 2,330 square foot, 5 bedroom, 3.25 bathroom, 0.07 acre property. It was built in 1900 and has an estimate of $313,870 with a price per ft² of $135.
- 1223 E 48th St, Chicago, IL 60615 (Kenwood) is a 0.02 acre property. It has an estimate of $49,083.
- 1021 E 48th St, Chicago, IL 60615 (Kenwood) is a 0.1 acre property.
- 1324 E 48th St, Chicago, IL 60615 (Kenwood) is a 2,362 square foot, 4 bedroom, 2 bathroom, 0.04 acre property. It was built in 1973 and has an estimate of $511,054 with a price per ft² of $216.
- 1328 E 48th St, Chicago, IL 60615 (Kenwood) is a 2,362 square foot, 4 bedroom, 3.25 bathroom, 0.04 acre property. It was built in 1973 and has an estimate of $510,908 with a price per ft² of $216.
- 1364 E 48th St #Apt 1e, Chicago, IL 60615 (Kenwood) is a 0.26 acre property. It was built in 1931 and has an estimate of $352,100.
- 709 W 48th St # 1, Chicago, IL 60609 (Canaryville) is a 2,113 square foot, 4 bedroom, 2 bathroom, 0.13 acre property.
- 1758 W 48th St, Chicago, IL 60609 (New City) is a 1,144 square foot, 1 bathroom, 0.07 acre property.
- 441 E 48th St, Chicago, IL 60615 (Grand Boulevard) is a 2,292 square foot and 0.06 acre property.
- 439 E 48th St, Chicago, IL 60615 (Grand Boulevard) is a 2,214 square foot and 0.06 acre property. It was built in 1903 and has an estimate of $63,553 with a price per ft² of $29.
- 601 W 48th St, Chicago, IL 60609 (Canaryville) is a 1,178 square foot, 3 bedroom, 2 bathroom, 0.07 acre property. It was built in 2007 and has an estimate of $234,428 with a price per ft² of $199.
- 647 W 48th St # 1, Chicago, IL 60609 (Canaryville) is a 1,806 square foot, 4 bedroom, 3 bathroom, 0.07 acre property.
- 836 E 48th St, Chicago, IL 60615 (Kenwood) is a 1,840 square foot, 4 bedroom, 4.25 bathroom, 0.02 acre property. It was built in 2009 and has an estimate of $523,065 with a price per ft² of $284.
- 2444 W 48th St, Chicago, IL 60632 (Brighton Park) is a 1,120 square foot, 4 bedroom, 2 bathroom, 0.09 acre property.
- 2418 W 48th St, Chicago, IL 60632 (Brighton Park) is a 1,132 square foot and 0.09 acre property.
- 715 W 48th St, Chicago, IL 60609 (Grand Boulevard) is a 0.05 acre property. It has an estimate of $47,074.
- 723 W 48th St, Chicago, IL 60609 (Grand Boulevard) is a 0.04 acre property.
- 3960 W 48th St, Chicago, IL 60632 is a 1.2 acre property.
- 730 W 48th St, Chicago, IL 60609 (Canaryville) is a 0.07 acre property.
- View more properties on 48th St