NOT LISTED FOR SALE
10 Beds
5 Baths
615 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: June 3, 2021

Last sale price $1,320,000 $2,146 Per Sq Ft

15 Days on Market

Highlights

  • Rooftop Deck
  • Property is near park
  • Brick Porch or Patio
  • Mayer Elementary School Rated A-
  • Tennis Courts
  • 4-minute walk to Trebes Park

About This Home

As of June 2021

Rarely available legal 4 unit building including a coach house in the Chicago prestigious Sheffield neighborhood of Lincoln park across the street from DePaul University. Next to multi-million dollar homes. It features 2 spacious simplex 3 bedroom apartments, 1 huge duplex down 3 bed /2 bath unit and a cute coach house. All of the units have their own furnaces with gas forced heat and central air conditioning. Tenants pay their own gas and electricity. Recently done roof, porch, updated plumbing, electric, kitchens and bathrooms. $111,600 yearly gross income with a lot of room for increase. Great schools too. Never vacant. Investments rarely get better than that. Illinois real estate licensee owned. Call before it is gone!

Last Agent to Sell the Property

Kaloian Kouzmanov

Home Realty Group, Inc License #475144213 Listed on: 03/23/2021

Last Buyer's Agent

Sean Glascott

@properties Christie's International Real Estate License #475142541

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,014

Year Renovated

  • 2018

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned

Outdoor Features

  • Rooftop Deck
  • Brick Porch or Patio

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Property is near park

Community Details

Overview

  • 4 Units

Recreation

  • Tennis Courts

Building Details

  • Insurance Expense $2,400
  • Gross Income $111,600
  • Net Operating Income $80,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,014

Year Renovated

2018

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch, Roof Deck, Brick Paver Patio
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Oscar Mayer Elementary School

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 24X125
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 80000
  • Insurance Expense: 2400
  • GrossIncome: 111600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,Coach House

Tax Info

  • Tax Annual Amount: 26014
  • Tax Year: 2019

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
Mar 23, 2021
Closed on
May 30, 2021
Sold by
Bought by
Seller's Agent
Kaloian Kouzmanov
Home Realty Group, Inc
Buyer's Agent
Sean Glascott
@properties Christie's International Real Estate
Sold Price
$1,320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
0.0337%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,000
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1993
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
$1,320,000 Affinity Title Company
$1,090,000 Ct
$554,500 --
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 $990,000
Closed $872,000
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
06/03/2021 06/03/21 Sold $1,320,000 -2.2% $2,146 / Sq Ft
04/10/2021 04/10/21 For Sale -- -- --
04/07/2021 04/07/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $1,350,000 -- $2,195 / Sq Ft
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 $28,467 $153,100 $46,500 $106,600
2024 $28,467 $157,537 $46,500 $111,037
2023 $27,751 $134,923 $37,500 $97,423
2022 $27,751 $134,923 $37,500 $97,423
2021 $26,462 $134,922 $37,500 $97,422
2020 $26,060 $120,084 $33,000 $87,084
2019 $26,013 $132,905 $33,000 $99,905
2018 $25,575 $132,905 $33,000 $99,905
2017 $22,726 $108,946 $27,000 $81,946
2016 $21,320 $108,946 $27,000 $81,946
2015 $19,483 $108,946 $27,000 $81,946
2014 $16,988 $94,127 $21,000 $73,127
2013 $16,641 $94,127 $21,000 $73,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11029432

Midwest Real Estate Data (MRED)

APN: 14-32-216-002

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