738 S  Claremont Ave, Chicago, IL 60612
SOLDJUL 31, 2023

738 S Claremont Ave
Chicago, IL 60612

Tri-Taylor
  • 6 Beds
  • 4 Baths
  • 6 Beds
  • 4 Baths

$604,000

Last Sold: Jul 31, 2023
3% below list $625K
Est. Refi. Payment $4,234/mo*

Homes for Sale Near 738 S Claremont Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 22, 2024
Hot Tri-Taylor 3-flat in prime location near Cinespace Chicago campus! This classic 3-flat has three individual apartments. The first floor is a duplex down with two bedrooms and 1 bath on main level and bedroom and bathroom in basement. First floor is a perfect live in owner unit or could lease for $2000. Second and third floors have two bedrooms and one bathroom with an office space or a den. First floor has newly refinished maple floors along with freshly painted interior and new light fixtures in the apartment. Building currently has two long terms tenants on the second and third floor. Rents are below market and have upside potential. Great potential to increase income! Newer HVAC's on second and third floor and have recently been serviced. Large wooden back decks for each apartment and fully landscaped front and back of property. 2-car garage onsite. Unit 2 is leased at $1500 with parking until 5/31/24, Unit 3 is leased $1300 no parking until November 30th, 2023. Property has a projected net income of $4800 a month or $57,600 annually. Property taxes are $10,894.58 annually, insurance $3,000, and water and garbage are $2,000. Gross income of $41,705. With a CAP rate of 6.7%!! November 2022 building had repaired and welded all-roof-seams. Water-proofed the entire-roofing-system. By applying (Locus) Aluminum-protective-roof-coating over the entire roofing-system. Giving roof a long-lasting protection and a watertight-seal. Sit back and collect rental income in booming Near West side of Chicago in an amazing location. The Blue Line is 2 blocks away and I-290 access into downtown or western suburbs. Perfect location to navigate around Chicago! Minutes from UIC, Talyor Street, Medical district, Fulton Market, and West Town. Agent owned property. Owner is IL Licensed Real Estate Broker.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 738 S Claremont Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: FullNumber of Rooms: 17
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 17183040350000

Price & Status

Price
List Price: $624,500
Status Change & Dates
Off Market Date: Tue Jun 27 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: Chicago
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Lot Information

Lot Area: 3024 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Compensation

Buyer Agency Commission: 2.5%-295Buyer Agency Commission Type: See Remarks:
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11809506

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 21 hours ago
Listed by Kevin Kelly
eXp Realty, LLC
Bought with: Mayra Cruz Tapia, (312) 532-5366, Redfin Corporation
Source: MRED as distributed by MLS GRID, MLS#11809506

Price History for 738 S Claremont Ave

DatePriceEventSource
07/31/2023$604,000Sold
MRED as distributed by MLS GRID #11809506
06/27/2023$624,500PendingMRED as distributed by MLS GRID #11809506
06/15/2023$624,500Listed For SaleMRED as distributed by MLS GRID #11809506
10/21/2022ListingRemovedMRED as distributed by MLS GRID #11435324
08/10/2022$659,000PriceChange
MRED as distributed by MLS GRID #11435324
06/15/2022$679,500Listed For SaleMRED as distributed by MLS GRID #11435324

Comparable Sales for 738 S Claremont Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Multi-Family Home
$556,500
09/29/23
8
3
-
0.21
Multi-Family Home
$599,000
02/29/24
8
3
-
0.19
Multi-Family Home
$550,000
09/20/23
6
3
-
0.14
Multi-Family Home
$690,000
06/22/23
9
6
-
0.27
Multi-Family Home
$550,000
05/01/23
8
3
-
0.25
Multi-Family Home
$850,000
08/31/23
6
6
-
0.09
Multi-Family Home
$290,000
12/11/23
6
2
-
0.13
Multi-Family Home
$475,000
10/12/23
3
3
-
0.23
Multi-Family Home
$515,000
02/02/24
5
2
-

Assigned Schools

These are the assigned schools for 738 S Claremont Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Tri-Taylor

  • Clyde K.
    "Many residents greet each other and are very neighborly. There aren’t any community events. There is a pool and a soccer field. "
    0
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  • Skbeardsley
    "There are many families in the neighborhood. Many do not use the local school but there are other options around. The local parks especially Livingston are nice for kids."
    5
    Flag
  • Ben D
    "Commute to west suburbs is ideal due to proximity of 290. Short walk to Western blue line stop. There are some buses nearby as well but I don’t use them. "
    2
    Flag
  • Arham N.
    "There are often times homeless people around as well as unkempt weeds protruding from the sidewalks "
    4
    Flag
  • Valerie H.
    "I love this area as you are close to everything. If I don’t want to drive, I am close to transportation. If I am sick, I have three hospitals in the area I can go to. Plenty of restaurants only Taylor street and Madison is close so you can dine along there."
    6
    Flag
  • Kiblitzer
    "There are many dog owners in the are, sufficient areas to stop, and people are fairly consistent in cleaning up after them. "
    1
    Flag
  • Christopher A.
    "There are quite a bit of people who hang out on the street talking and gathered. Some are homeless and others are just using the sidewalks as meeting spaces. Just be aware and use common sense. "
    2
    Flag
  • Callen S.
    "I have lived her for a year. My street in particular is nice and family oriented however the neighborhood is definitely up and coming. "
    13
    Flag
  • Mariadcounts
    "Diverse Relatively quiet Has some nice buildings Some great food options Easy access to highways Good hospitals nearby"
    8
    Flag
  • mfjflower
    "Quiet urban neighborhood, socially and ethnically 'diverse'(mostly European, Hispanic), medium to high incomes; continued building of well-designed town-houses on remaining vacant lots; greatly improved amenities, landscaping, etc. on Western Avenue (to the west)."
    6
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 738 S Claremont Ave

Off Market Homes Near 738 S Claremont Ave

738 S Claremont Ave, Chicago, IL 60612 is a 6 bedroom, 4 bathroom multi-family built in 1900. 738 S Claremont Ave is located in Tri-Taylor, Chicago. This property is not currently available for sale. 738 S Claremont Ave was last sold on Jul 31, 2023 for $604,000 (3% lower than the asking price of $624,500). The current Trulia Estimate for 738 S Claremont Ave is $633,200.