NOT LISTED FOR SALE
10 Beds
4 Baths
3,204 Sq Ft
-- Built

Last Sold March 08, 2024

Last sale price $1,100,000 $343 Per Sq Ft

3 Days on Market

Highlights

  • Lower Floor Utility Room
  • 2-minute walk to Diversey Station
  • Forced Air Heating System
  • Lincoln Park High School Rated A
  • Brick Porch or Patio
  • 5-minute walk to Wiggly Field Dog Park

About This Home

As of March 2024

This is a versatile, turnkey 3-flat investment property located on the best block in South Lake View with $100K+ rental income. Recently renovated unit mix includes a duplex down (5/2), a 3 bed/1 bath simplex, and a 2 bed/1 penthouse. Summer leases, spacious floor plans, separate utilities, strong tenant mix, in-building laundry, beautiful hardwood built-ins, a half block from the brown/purple line, ample outdoor parking, and Lincoln Park High School. Property is a perfect fit for an owner/occupant, value-add investor, or just collect $100K+ in rent. A fantastic investment property on a wonderful block walkable to all that Lake View has to offer.

Last Agent to Sell the Property

Megan Weber

Baird & Warner License #471020805 Listed on: 01/23/2024

Last Buyer's Agent

Dan Nelson

Compass License #475189264

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,264

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Lincoln Park High School

Utilities

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

Additional Features

  • Brick Porch or Patio
  • Lot Dimensions are 25x125

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,264

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • High School: Lincoln Park High School

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 18264
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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
03/08/2024 03/08/24 Sold $1,100,000 +0.1% $343 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $1,099,000 -- $343 / 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 $17,367 $101,000 $50,500 $50,500
2024 $17,367 $101,000 $50,500 $50,500
2023 $18,264 $85,629 $54,688 $30,941
2022 $18,264 $92,218 $54,688 $37,530
2021 $18,751 $96,579 $54,687 $41,892
2020 $15,668 $73,435 $21,250 $52,185
2019 $16,202 $84,073 $21,250 $62,823
2018 $17,235 $90,687 $21,250 $69,437
2017 $15,090 $73,475 $18,750 $54,725
2016 $14,216 $73,475 $18,750 $54,725
2015 $12,983 $73,475 $18,750 $54,725
2014 $11,158 $62,707 $15,625 $47,082
2013 $10,927 $62,707 $15,625 $47,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11966167

Midwest Real Estate Data (MRED)

APN: 14292280110000