NOT LISTED FOR SALE
8 Beds
4 Baths
3,498 Sq Ft
-- Built

Last Sold November 06, 2023

Last sale price $1,212,500 $347 Per Sq Ft

3 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Soaking Tub
  • Nettelhorst Elementary School Rated A-
  • Lower Floor Utility Room
  • 3-minute walk to Hawthorne Playground

About This Home

As of November 2023

Incredible Victorian 3 flat investment opportunity in the heart of Lake View. Fully leased building with high qualified residents and gross rents equaling $108,600. These long-term local owners have taken meticulous care of this all brick building that features many improvements since ownership. Each unit features real hardwood floors, storage lockers, individual HVAC, hot water heaters and in-unit washer/dryer. Unit #3 & #2 have their own large outdoor decks. Common backyard with brick patio that has mostly been used by unit #1 residents over the years. Unit #1 is a 3 bedroom, 2 bathroom duplex down. Recently updated kitchen, wood burning fireplace, brand new paint job and high ceilings highlight this unit. Unit #2 features a split 2 bedroom floor plan with a large walk-in closet, separate dining room space and recently updated kitchen. Unit #3 is a 3 bedroom that features a wood burning fireplace, two main rooms that can be used as two living spaces or one living/one dining. Building is conventionally walkable distance to anything residents need including the L, bus, grocery, shops on Southport and nightlife in Wrigleyville.

Last Agent to Sell the Property

Matthew Harris

Compass License #475165835 Listed on: 09/16/2023

Compass

Last Buyer's Agent

LILI ZHANG

Coldwell Banker Realty License #475168014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,329

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms
  • Dual Sinks
  • Soaking Tub

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lower Floor Utility Room
  • Lot Dimensions are 25 x 97

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,586
  • Water Sewer Expense $1,953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,329

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1953

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Nettelhorst Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 97
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No

Multi Family

  • Insurance Expense: 2586
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 17329.43
  • Tax Year: 2021
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $1,212,500 -4.9% $347 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $1,275,000 -- $364 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $15,850 $108,114 $45,570 $62,544
2024 $15,850 $108,114 $45,570 $62,544
2023 $15,451 $75,123 $36,750 $38,373
2022 $15,451 $75,123 $36,750 $38,373
2021 $17,329 $86,177 $36,750 $49,427
2020 $15,362 $68,961 $15,680 $53,281
2019 $15,395 $76,624 $15,680 $60,944
2018 $15,136 $76,624 $15,680 $60,944
2017 $15,860 $73,676 $13,720 $59,956
2016 $14,757 $73,676 $13,720 $59,956
2015 $13,501 $73,676 $13,720 $59,956
2014 $12,112 $65,279 $11,270 $54,009
2013 $11,873 $65,279 $11,270 $54,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11887216

Midwest Real Estate Data (MRED)

APN: 14204120270000