2 months on rocket

69 N Chicago St, Salt Lake City, UT, 84116

$3,500,000

161 Bedrooms
137 Baths
81,835 SqFt
$43/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
Year BuiltNew Const., 2024
MLS #2023948
Lot Size0.56 Acres
StatusActive

About 69 N Chicago St

Welcome to THE CHICAGO. This project has planning approval and has been entitled to build a 137 unit apartment complex. There are 5 floors of residential over a concrete podium for parking. Units range from 360-912 SF, allowing an affordable price point much needed in the market. Alta Survey, Phase 1, Phase 2, Geotechnical Report and Architectural plans have been completed and will be included in the purchase. One of the key advantages of this site is its strategic proximity to the newly proposed Larry H Miller MLB Baseball Stadium, the 100-acre Rocky Mountain Power Master Planned Development, and being less than .25 miles from the Trax Station. Additionally, this property is in an Opportunity Zone. Furthermore, it's worth noting that the current properties on the site comprises a Duplex, Triplex, and two Single Family Houses, which are generating consistent income.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2024
  • Stories: 0
  • Living Area: 81,835 SqFt

Listing Office:

  • Office Name: Equity Real Estate (Premier Elite)
  • Listing Agent: Warren Crummett

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 161

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.56 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $43/SqFt

Tax Information:

  • Annual Amount: $1,073
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salt Lake City, UT.

Med. List Price

$599.1K

Med. Price/SqFt

$326

Avg. Days On Market

73

69 N Chicago St vs Salt Lake City

61 DAYS ON ROCKET

-12 Days

$3,500,000

+$2.9M More

$43/SqFt

-$284 Less

KEY TAKEAWAY

This property is $2.9M more than the Median List Price and $284/SqFt less than other homes in Salt Lake City, UT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #2023948

Listing Office:

  • Office Name: Equity Real Estate (Premier Elite)
  • Listing Agent: Warren Crummett

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,073$171,200
2020 - $87,780
2019$879$82,885
2017$912$116,400

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-561401
3
/10
  • Mary W. Jackson School

  • 750 W 200 N

  • 0.41 miles

  • Public District Grades PK-6

school-card-donut-561402
3
/10
  • Franklin School

  • 1115 W 300 S

  • 0.65 miles

  • Public District Grades PK-6

school-card-donut-561403
3
/10
  • Backman School

  • 601 N 1500 W

  • 1.11 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,787. The most common annual income of people living in Salt Lake City, UT is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesUtahSalt Lake CountySalt Lake City8411669 N Chicago St

This home is located at 69 N Chicago St in Salt Lake City, UT and zip code 84116 in the Euclid neighborhood. This 81,835 square foot home, which was built in 2024, sits on a 0.56 acre lot. Features: 161 bedrooms, 137 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $3,500,000.

The inventory of homes for sale in Salt Lake City, UT between September 2024 and October 2024 increased by 43%. The median list price of listings available in October 2024 was $599,158, while the average time on the real estate market was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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