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

Sale Details

Date Sold: November 6, 2023

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

3 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Patio
  • Victorian Architecture
  • Soaking Tub

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
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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

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

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
Sep 16, 2023
Closed on
Oct 25, 2023
Sold by
Bought by
Seller's Agent
Matthew Harris
Compass
Buyer's Agent
Lili Zhang
Coldwell Banker Realty
List Price
$1,275,000
Sold Price
$1,212,500
Premium/Discount to List
-$62,500
-4.9%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,212,500 Chicago Title
-- --
-- None Available
$129,666 --
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
Open $835,000
Closed $837,000
Closed $840,000
Closed $840,000
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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11887216

Midwest Real Estate Data (MRED)

APN: 14204120270000

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