NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: July 9, 2020

Last sale price $740,000 $0 Per Sq Ft

11 Days on Market

About This Home

As of July 2020

Estate Sale ! Located in the Tri-Taylor area, within Blocks of the University of Illinois Chicago Campus, and West of 3 Hospitals( Illinois Medical DistricT), this Ornate, 6,687 Square Foot, 3 Floors,6 Unit Greystone is a Prime neighborhood of Tri-Taylor.A total renovation will be needed to Create a Desired revenue stream! Roof Top Access! East 1/2 of the Roof was redone within the last 2 years! Each Apartment has been set up to its own Gas FA Furnace, and Hot water heater. Tenants will pay their own Gas and Electric. There is and always will be a Strong Rental Demand in this area thus if Retained by Buyer and plus Value Added Potential. There is a slightly different floor plan from the Front 3 Apartments versus the rear 3 Apartments. Central Hallway Entrance is on the North side. There is 1 Tenant occupying the Building residing in 3F, and his Rent is $1000 per month. No lease! Expenses are unknown with the exception of Current Rental Income, Insurance and Taxes. Tenant is Month to Month! Property is being Sold As-Is! Photos and Virtual Tour were taken of Apartment 1F and 2 Rear. Floor plans are in Photo Section! Photos show the Current Condition and an Example of Virtual Staged Renovations! Great Location, Excellent Block! An Opportunity to Invest today for tomorrow's future!

Last Agent to Sell the Property

Edward Hall

Baird & Warner License #471008452 Listed on: 04/09/2020

Baird & Warner

Last Buyer's Agent

Paul Tsakiris

First Western Properties License #471005153

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,178

Home Design

  • Brick Foundation
  • Stone Foundation
  • Stone Siding

Additional Features

  • Unfinished Basement

Community Details

  • Insurance Expense $5,467

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Potential Use: Condominium
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Roof Coverings: Membrane
  • Roof Structure: Flat
  • Total Annual Income: 12000
  • Total Monthly Income: 1000
  • Number Of Stories: 3
  • Estimated Year Built: 0000
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Brick, Stone
  • Exterior Building Type: Stone
  • Acreage: 0.05
  • Construction: Brick, Stone
  • Frontage Access: City Street

Utilities

  • Heatventilation: Forced Air

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 2500 SQ. FT.
  • Lot Sq Ft: 2500
  • Parcel Identification Number: 17183280220000

Rental Info

  • Gross Rental Income: 12000
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 5467

Tax Info

  • Taxes: 12391

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jul 7, 2020
Sold by
Bought by
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Paul Tsakiris
First Western Properties
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
0.0425%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 Chicago Title
-- Chicago Title
-- Attorney
-- Intercounty Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $555,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2020 07/09/20 Sold $740,000 -7.5% --
04/20/2020 04/20/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $799,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,397 $92,000 $14,000 $78,000
2024 $14,397 $92,000 $14,000 $78,000
2023 $14,034 $68,000 $11,250 $56,750
2022 $14,034 $68,000 $11,250 $56,750
2021 $13,719 $68,000 $11,250 $56,750
2020 $14,757 $66,026 $8,500 $57,526
2019 $3,021 $14,986 $8,500 $6,486
2018 $12,392 $62,530 $8,500 $54,030
2017 $12,169 $56,336 $7,500 $48,836
2016 $11,283 $56,336 $7,500 $48,836
2015 $10,323 $56,336 $7,500 $48,836
2014 $9,830 $52,981 $6,250 $46,731
2013 $9,636 $52,981 $6,250 $46,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10687211

Midwest Real Estate Data (MRED)

APN: 17183280220000

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