4 months on rocket

Backup Offers

720 N Elizabeth St, Chicago, IL, 60642

$509,000

Home List Price

$6,044*

Closing Credit

5 Bedrooms
2 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

720 N Elizabeth St, Chicago$509,000

Buyer Closing Credits

$6,044*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1888
HeatingNatural Gas
BasementYes
MLS #12117388
StatusAccepting Backup Offers
(Contingent)

About 720 N Elizabeth St

[ATTENTION-Experienced-INVESTORS-Only] - Motivated Seller....This project will need a full set of architectural plans and permits with the City of Chicago.....Incredible opportunity in the HOT West Town Area to add instant equity. .....Legal 3-units RS-3 with 2-Flat in front and Coach house in the rear. Coach house needs a COMPLETE rehab, architectural plans, and Permits....Currently boarded up.....Experienced Rehabbers or Remodelers needed...Coach House can be EXPANDED to a huge single family style residence. Building in need of MAJOR TLC. "AS-IS WHERE-IS" Renovations going on all around the area. Front 2-units have been rehabbed on the inside and currently tenant occupied month-to-month...... Waiting for NEW owners to add additional ideas to the exterior of the building as well as the Coach house. Coach House is currently boarded up and READY for your ideas. Both Units are way under market rent - 1st floor unit 1,500 a month and 2nd floor unit 2,000 a month.....Tenants Flexible to stay or leave - make money while you finish rehabbing the building. Great Neighborhood w/restuarants, shopping, schools and Eckart park just steps away....It's right off the blue line, x-ways & bus stops. Minutes from the loop, River North, Wicker Park & Bucktown. This amazing opportunity will NOT last...Schedule an appointment to see the building today... AGENT OWNED

Property Details

Property Features

Property Information:

  • Year Built: 1888

Listing Office:

  • Office Name: HomeSmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Joseph Harris

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Take Chicago Ave EAST from Noble until you get to Elizabeth (Which is a one-way) South to the property on the WEST side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $509,000

Tax Information:

  • Annual Amount: $11,129
  • Tax Year: 2019
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

720 N Elizabeth St vs Chicago

148 DAYS ON ROCKET

+115 Days

$509,000

+$145K More

KEY TAKEAWAY

This property is $145K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12117388

Listing Office:

  • Office Name: HomeSmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Joseph Harris

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). 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: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 12, 2006Home Sold
$430,000

Tax History

YEARPROP. TAXASSESSMENT
2019$11,129$55,392
2018$10,941$55,392
2017$10,745$49,915

History based on county public records data.

Payment Calculator

$2,608

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,593

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-4424226
3
/10
  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-4424227
9
/10
  • Skinner Elementary School

  • 111 S Throop St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-4424228
4
/10
  • Cooper Elementary Academy

  • 1624 W 19th St

  • 2.71 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,607. The most common annual income of people living in Chicago, IL 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

Frequently Asked Questions About 720 N Elizabeth St

What is the listing price of this property?

The listing price of 720 N Elizabeth St property is $509,000.

What type of property is this?

The property 720 N Elizabeth St is a house located in Chicago, Illinois, 60642.

Is this property for sale now?

Accepting Backup Offers: 720 N Elizabeth St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $11,129 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 12, 2006 for $430,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 720 N Elizabeth St has 5 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 720 N Elizabeth St is 1888.

Rocket Homes›Illinois›Cook County›Chicago›60642›720 N Elizabeth St

This home is located at 720 N Elizabeth St in Chicago, IL and zip code 60642 in the West Town neighborhood. This home was built in 1888. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $509,000.

In November 2024, from all listings sold in Chicago, IL there were more than 521 sold above asking price, over 845 sold below and more than 254 were sold right at the asked price. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. While the average time on the market in November 2024 was 33 days, the median list price was $363,936.

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

More Resources