NOT LISTED FOR SALE
7 Beds
8 Baths
4,410 Sq Ft
3,262 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $1,625,000 $368 Per Sq Ft

5 Days on Market

About This Home

As of March 2023

ASSUMABLE NON-RECOURSE LOAN AT 4.27% WITH A FIXED RATE EXPIRATION OF OCTOBER 2026. CURRENT LOAN BALANCE OF ~$1,245,000. THIS IS AN INCREDIBLE OPPORTUNITY TO PURCHASE A FULLY RENOVATED 6 UNIT PROPERTY IN THE HEART OF UKRAINIAN VILLAGE. THE PROPERTY WAS RENOVATED FROM TOP TO BOTTOM IN 2015 WITH NEW PLUMBING, ELECTRIC, HVAC, ROOF, WINDOWS, AND STEEL PORCHES. CONDO QUALITY KITCHENS AND BATHROOMS WITH IN-UNIT LAUNDRY IN ONE OF THE MOST SOUGHT AFTER LOCATIONS IN THE CITY. SHORT WALK TO THE DIVISION/ASHLAND "L" STOP, DIVISION STREET SHOPPING/DINING/ENTERTAINMENT DISTRICT. SOME ROOM TO INCREASE RENTS TO MARKET. GREAT INVESTMENT OPPORTUNITY AT BELOW MARKET INTEREST RATE

Last Agent to Sell the Property

Kevin Schnell

33 Realty License #471021306 Listed on: 11/01/2022

Last Buyer's Agent

Kelly Wong

Coldwell Banker Realty License #475130230

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,436

Year Built

  • Built in 1883

Lot Details

  • 3,262 Sq Ft Lot
  • Lot Dimensions are 25 x 130

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $725
  • Insurance Expense $3,250
  • Maintenance Expense $4,102
  • Other Expense $7,353
  • Trash Expense $5,700
  • Water Sewer Expense $1,550
  • Operating Expense $34,516
  • Gross Income $139,740
  • Net Operating Income $105,224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,436

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1883
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: New Rehab
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 7
  • Fireplaces: 6
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick
  • Roof Structure: Gable

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Separate Per Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 5700
  • Water Sewer Expenses: 1550

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 130
  • Lot Size Sq Ft: 3262

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 8

Multi Family

  • Net Operating Income: 105224
  • Insurance Expense: 3250
  • ElectricExpense: 725
  • GrossIncome: 139740
  • Maintenance Expense: 4102
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34516
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9436
  • Tax Year: 2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/28/2023 03/28/23 Sold $1,625,000 -4.1% $368 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $1,695,000 -- $384 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11665508

Midwest Real Estate Data (MRED)

APN: 17064190040000