2 months on rocket

1194 Chicago Ave, Memphis, TN, 38107

$75,000

Home List Price

$891*

Closing Credit

6 Bedrooms
4 Full Baths
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1194 Chicago Ave, Memphis$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking Only
Year Built1950
HeatingNatural Gas
CoolingNone
MLS #10165770
Lot Size0.38 Acres
StatusActive

About 1194 Chicago Ave

THIS IS TWO HOMES! Yes you read that right. We are selling two 3bed/2bath houses for under 75k for the both of them. PLEASE DO NOTDISTURB TENANTS. both tenants are long term. 1194 Chicago is rented for $565 per month, lease expires 1/31/2023. 1196 Chicago is rented for $650 per month, lease in one year. please submit offers to curtisbleeker@gmail.com. No showings with out accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Wrought Iron Security Drs

Parking Information:

  • Parking: Street Parking Only

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: from I40 exit on chelsea. take n bellevue blvd north to chicago ave. turn east on chicago ave houses on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000

Tax Information:

  • Annual Amount: $935
  • Tax Year: 2021
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 Memphis, TN.

Med. Sold Price

$195.6K

Med. Price/SqFt

$130

# of Sold Homes

471

1194 Chicago Ave vs Memphis

79 DAYS ON ROCKET

$75,000

-$120.6K Less

KEY TAKEAWAY

This property is $120.6K less than the Median Sold Price in Memphis, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10165770

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 9:25:17 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

Jan 26, 2017Home Sold
$12,500
Feb 02, 2015Home Sold
$17,400

Tax History

YEARPROP. TAXASSESSMENT
2021$935$12,920
2020$1,046$14,440
2019$1,046$14,440
2018$371$14,440
2017$420$9,025

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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.

High School

school-card-donut-4393891
1
/10
  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.50 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $10,885. Typical income of Memphis, TN residents is less than $35k annually. Typical family type is 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 1194 Chicago Ave

What is the listing price of this property?

The listing price of 1194 Chicago Ave property is $75,000.

What type of property is this?

The property 1194 Chicago Ave is a house located in Memphis, Tennessee, 38107.

Is this property for sale now?

Active Listing: 1194 Chicago Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1194 Chicago Ave are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $935 (source: MLS/based on county public records data).

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

The last sale was on January 26, 2017 for $12,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1194 Chicago Ave has 6 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 1194 Chicago Ave is 1950.

Rocket HomesTennesseeShelby CountyMemphis381071194 Chicago Ave

This home is located at 1194 Chicago Ave in Memphis, TN and zip code 38107 in the New Chicago neighborhood. This home, which was built in 1950, sits on a 0.38 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $75,000.

Over 75 listings were sold over their listed price in April 2024 in Memphis, TN. In the same period over 272 listings were sold below the listed price and 122 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between March 2024 and April 2024 increased by 13.1%.

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

More Resources